Japan’s three largest banking groups have all reported record net profits for the past fiscal year, with their combined earnings nearing 4 trillion yen.
(News On Japan)
Japan has launched its new "security clearance" system, which restricts access to sensitive economic security information to individuals deemed suitable through a national screening process. The program, which began operation on May 15th, is intended to enhance international collaboration by aligning Japan’s information handling standards with those of key allies. (News On Japan)
Toshiba announced that it returned to profitability in its earnings report for the fiscal year ending March 2025, posting a net profit of 279 billion yen. Operating profit, a key indicator of core business performance, surged nearly fivefold from the previous year to 198.5 billion yen, driven in part by increased sales of hard disk drives for data centers.
(News On Japan)
Two 16-year-old girls have been referred to prosecutors on suspicion of obstructing business operations after drinking tea directly from a shared pitcher at a Sukiya beef bowl restaurant in Osaka. (News On Japan)
The Aoi Festival, one of Kyoto’s three major traditional festivals, began on May 15th with a vibrant procession of around 500 people dressed in elegant Heian-period garments making their way through the streets of the ancient capital. (News On Japan)
Japan’s prototypes of the kilogram and meter, which once served as national standards for weight and length, were presented to the press this week ahead of the 150th anniversary of the Meter Convention, the international treaty that standardized global measurement systems, to be marked on May 20th. (News On Japan)
The number of cormorants living near Lake Biwa has surged in recent years, and their impact is increasingly spilling into nearby residential neighborhoods. Once limited to the shoreline and riverbanks, the birds are now flocking to urban areas, causing serious problems with their droppings, foul odor, and incessant cries. Residents say the situation is becoming intolerable. (News On Japan)
Sony Group announced on May 14th that its net profit for the year ending March 2025 rose 17.6% year-on-year to a record 1.1416 trillion yen. The strong performance was driven by brisk sales in its gaming division, including the PlayStation 5, as well as continued growth in its music business. (News On Japan)
Japan’s growing donut market has entered a new phase with the opening of popular American chain Randy’s Donuts’ first store in Daikanyama, Shibuya, marking its debut with handmade offerings and an iconic oversized donut monument as the 'donut Sengoku era' intensifies. (News On Japan)
Kadoya Sesame Mills and Takemoto Oil & Fat have been accused of forming a cartel over the wholesale pricing of sesame oil and related products, prompting Japan’s Fair Trade Commission to issue an elimination order against the two companies. (News On Japan)
The Japanese government has set a new wage policy target aimed at achieving a real wage increase of around 1% by fiscal 2029, taking inflation into account. To support this goal, it plans to mobilize public and private investment totaling approximately 60 trillion yen over the next five years to boost corporate productivity. (News On Japan)
Many Japanese people agree that Japanese is a difficult language, especially for foreigners. They point out the complexity of homonyms, kanji characters, multiple writing systems (hiragana, katakana, kanji), and the different intonations that can change meaning—for example, the word "hashi" can mean either "bridge" or "chopsticks" depending on pronunciation. Even native speakers find this confusing. (News On Japan)
In this video, watercolor artist Shibasaki brings an adorable Shiba Inu to life using acrylic gouache.
From the initial pencil sketch to layering warm colors and creating soft, fluffy fur, you'll see every step of the process – almost entirely uncut! (Watercolor by Shibasaki)
The revised Pharmaceuticals and Medical Devices Act, passed by Japan's Upper House on May 14th, will allow over-the-counter drugs to be sold at convenience stores if consumers first receive online guidance from licensed pharmacists or other qualified professionals. (News On Japan)
A bill to revise the Kyūtoku Law, aiming to improve the treatment of Japan's public school teachers by gradually raising the salary supplement in place of overtime pay from 4% to 10%, was approved by the Lower House Committee on Education on Wednesday after ruling and opposition parties agreed on revisions. (News On Japan)
Tokyo's push for river-based commuting is gaining momentum with the launch of a new weekday evening ferry route connecting Gotanda and Tennozu. (News On Japan)
JR East has announced its first-ever time-limited discount sale offering up to 60% off Shinkansen fares, with tickets available through its online reservation platform, Ekinet. (News On Japan)
A 36-year-old unemployed man has been arrested on suspicion of abducting a teenage girl who was later found dead in Yamagata Prefecture. The suspect, Hiroki Kishinami from Fukushima City, has previously been arrested three times for offenses including the abduction of minors and assisting in suicides. (News On Japan)
A growing number of Chinese tourists in Japan are converting their foreign driver's licenses into Japanese ones by listing their hotel addresses as proof of residence, drawing criticism and prompting a policy shift from authorities. (News On Japan)
Loose socks, once a symbol of 1990s gyaru fashion, are making a stylish comeback among Japan's Gen Z, driven by a broader 'Heisei retro' trend that celebrates nostalgic aesthetics. In Harajuku, young people are pairing the evolved, shorter versions of the socks with miniskirts and shorts. (News On Japan)
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