Business News On Japan
Updated: 4 min 14 sec ago
4 hours 3 min ago
In an age where information is as valuable as currency, effective management of knowledge assets can be the key to a company's competitive edge. (News On Japan)
4 hours 29 min ago
The so-called 'Reiwa Rice Crisis' that emerged last summer continues to impact Japan. The government initially predicted that rice prices would stabilize once the new harvest entered the market, but as of February 11th, prices remain high. In some supermarkets, the price of a 5kg bag of rice has surged by 700 to 800 yen. (News On Japan)
February 11, 2025 - 12:35
Rice prices in Japan continue to rise, despite the government’s plan to release emergency reserves in an effort to stabilize the market. A bowl of tendon, topped with freshly fried tempura, is incomplete without steaming hot rice, but the cost of this staple has been steadily increasing. (News On Japan)
February 11, 2025 - 12:07
The stalled merger talks between Honda and Nissan, as well as Nippon Steel’s acquisition bid for US Steel, are in the spotlight. The negotiations for a management integration between Honda and Nissan were scrapped in just about a month after they were revealed, largely due to the size differences between the two automakers. (News On Japan)
February 10, 2025 - 00:47
Confusion arose during a joint press conference following the U.S.-Japan summit on February 7th when former President Donald Trump mistakenly referred to Nippon Steel as "Nissan" three times while discussing the company's planned acquisition of U.S. Steel. His remarks led to brief speculation about whether struggling automaker Nissan was investing in the American steel giant. (News On Japan)
February 8, 2025 - 13:07
Takanawa Gateway City, one of Tokyo’s largest redevelopment projects, is set to open on March 27. While still under construction, many of the barriers have been removed, revealing glimpses of the city’s future landmark. (News On Japan)
February 8, 2025 - 12:45
A senior executive of Taiwan’s electronics manufacturing giant, Hon Hai Precision Industry (Foxconn), reportedly visited Japan last month and met with Nissan officials, according to Taiwanese media reports. (News On Japan)
February 7, 2025 - 11:44
As new condominium prices continue to rise in Japan, homeownership is becoming increasingly challenging for many buyers. As a result, many potential buyers are turning to the used condominium market in search of more affordable options. (News On Japan)
February 7, 2025 - 06:03
The average price per Valentine's Day chocolate stands at 418 yen, marking a 5.8% increase from 2024, according to Teikoku Databank, with chocolates from international brands averaging 435 yen per piece, 35 yen higher than Japanese brands. (News On Japan)
February 7, 2025 - 05:56
Nissan’s CEO has informed Honda’s president of the company’s decision to terminate merger discussions. Why did the planned alliance between Japan’s second- and third-largest automakers break down? (News On Japan)
February 6, 2025 - 14:20
Nagoya’s Sakae district, one of Aichi Prefecture’s major commercial areas, is undergoing extensive redevelopment to create a more vibrant urban space and replace aging buildings. (News On Japan)
February 6, 2025 - 07:37
Panasonic Holdings has announced plans to dissolve its core subsidiary, Panasonic Corporation, and split it into three separate companies as part of its business restructuring efforts. (News On Japan)
February 6, 2025 - 07:32
A recent Cabinet Office survey on gender equality revealed that 43.3% of respondents who changed their surname after marriage wanted to continue using their maiden name in the workplace. This marks a 4.2-point increase from the previous survey conducted two years ago. (News On Japan)
February 6, 2025 - 07:27
Japan’s real wages declined for the third consecutive year in 2024, failing to keep pace with rising prices, according to the Ministry of Health, Labour and Welfare. (News On Japan)
February 5, 2025 - 10:40
Honda has proposed making Nissan a subsidiary as part of ongoing discussions on a potential business integration, according to sources. (News On Japan)
February 5, 2025 - 00:47
Costco announced on February 3rd that it will raise the annual cost of its Gold Star membership by 440 yen to 5,280 yen, while the Executive membership, which offers a 2% rebate on purchases, will increase by 660 yen to 10,560 yen, starting May 1st. (News On Japan)
February 4, 2025 - 23:25
Prime Minister Ishiba, ahead of the US-Japan summit with President Trump, is set to present a specially prepared map showcasing Japanese corporate investments across the United States, a strategic move aimed at emphasizing Japan’s economic contributions while negotiating key issues such as tariffs, defense spending, and security commitments. (News On Japan)
February 4, 2025 - 14:14
The signing of a presidential order imposing a 25% tariff on imports from Canada and Mexico by U.S. President Donald Trump has sent shockwaves through the markets, with the Nikkei Stock Average plunging sharply on February 3rd. Concerns are mounting over the impact on the Tokai region’s auto industry, a key pillar of the local economy. (News On Japan)
February 4, 2025 - 14:00
Universal Studios Japan (USJ), a major theme park in Osaka, continues to draw large crowds from both Japan and abroad. Behind the scenes, thousands of employees keep the park running smoothly. (News On Japan)
February 3, 2025 - 21:04
SoftBank Group Chairman and CEO Masayoshi Son and OpenAI CEO Sam Altman have launched a new AI services company in Japan, aiming to drive innovation in enterprise AI. At the unveiling, Son introduced the company’s first service, "Crystal," which he described as a revolutionary AI solution that will transform business operations. (News On Japan)
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