Major snack manufacturer Calbee will switch the packaging of some of its products to black-and-white designs as instability in the Middle East disrupts the procurement of printing ink and other materials. (News On Japan)

The Nikkei Stock Average reversed early gains and closed 295.77 points, or 0.4%, lower at 62,417.88 on May 11 after surging more than 1,600 points earlier in the day, as selling spread across AI-related and semiconductor shares despite record highs in the U.S. Nasdaq and Philadelphia Semiconductor Index, while concerns over Middle East tensions and U.S. interest rate policy weighed on investor sentiment. (News On Japan)

Major sushi chain Sushiro will make its first entry into the United States this autumn, with plans to open its inaugural North American outlet near Times Square in New York. (News On Japan)

Japan’s so-called “national debt,” which includes government bonds, borrowings and other liabilities, reached 1,343.8426 trillion yen as of the end of March, marking a record high for the 10th consecutive year, the Finance Ministry announced. (News On Japan)

Toyota Motor has become the first Japanese company to surpass 50 trillion yen in annual revenue, although the automaker expects profits to decline this fiscal year due to the impact of Middle East tensions and U.S. tariff policies. (News On Japan)