Japan’s imports of crude oil from the Middle East plunged 67.2% in April from a year earlier, as the impact of the effective closure of the Strait of Hormuz began to ripple through the country’s trade and energy supply chains. (News On Japan)

The Nikkei Stock Average surged by more than 2,100 points at one stage in trading on May 21st, with the benchmark index continuing to trade above the 61,000 level in the Tokyo stock market. (News On Japan)

Sumitomo Mitsui Banking Corporation and Toshiba announced on May 20th that they had jointly developed a new stock index utilizing quantum technology. (News On Japan)

TOTO, a major Japanese manufacturer of housing and bathroom equipment, reopened its showroom in London, England, on May 20th after undergoing its first major renovation in 16 years. (News On Japan)

Uncertainty surrounding the situation in the Middle East is beginning to affect daily life in Japan, as concerns over crude oil supplies spread to restaurants, cleaning services and even household garbage disposal systems across the Kansai region. (News On Japan)

U.S. President Donald Trump was found to have traded large amounts of stock, including shares in Kura Sushi USA, in a wave of more than 3,700 transactions over a three-month period that has sparked criticism over possible conflicts of interest. (News On Japan)

As conflict in the Middle East drags on, shortages of naphtha — a key raw material used in a wide range of petroleum-based products — are beginning to affect even Japan's traditional cheap snacks, with manufacturers facing steep rises in packaging and material costs while trying to keep products affordable for children. (News On Japan)

Foreign ownership of land in Japan has become an increasingly debated issue in recent years, and now the trend is spreading into Ashiya, one of the Kansai region’s most prestigious residential areas, where property prices are soaring amid growing demand from Chinese buyers. (News On Japan)

Japan’s food delivery industry is entering a new phase of fierce competition, with major operators locked in a prolonged battle over pricing and market share while profitability remains elusive, raising concerns about the future of domestic player Demae-can, whose stock has plunged roughly 97% from its pandemic-era peak. (News On Japan)

Japan’s GDP, or gross domestic product, grew at an annualized rate of 2.1% from January to March, marking a second consecutive quarter of positive growth, with the impact of Middle East tensions remaining relatively limited during the period. (News On Japan)

Toyota has begun selling vehicles produced in the United States and "reverse-imported" into Japan following Japan-U.S. negotiations over the Trump administration's tariffs. (News On Japan)

Japan’s financial markets continued to suffer a so-called “triple decline” on May 18th, with stocks, the yen and government bonds all falling sharply amid growing concerns over worsening fiscal conditions and rising geopolitical tensions surrounding Iran. (News On Japan)

The Japanese government and the Bank of Japan are believed to have conducted yen-buying intervention since the end of last month in an effort to slow the currency’s decline, though the broader trend of yen weakness has shown little sign of reversing. (News On Japan)

Yama Style is a captivating combination of aesthetics and functionality which showcases the splendor of the outdoors with a distinctive Japanese lens. (News On Japan)

The worsening situation in the Middle East is beginning to affect Japan’s automotive sector, with shortages of engine oil and other lubricants emerging alongside rising prices, creating mounting pressure across the industry. (News On Japan)

Complaints are mounting across a wide range of industries over shortages of naphtha-related materials, but the government insists the issue is not a lack of overall supply, describing it instead as a “bottleneck” in distribution and processing. So what exactly is happening behind the scenes? (News On Japan)

Japan’s corporate goods prices rose 4.9% in April from a year earlier, far exceeding market expectations as soaring crude oil prices linked to tensions in the Middle East pushed wholesale inflation to its highest level in nearly three years. (News On Japan)

Subaru announced on May 15th that it will postpone the launch of its self-developed EV, or electric vehicle, which had been scheduled for 2028, as the automaker shifts its strategy toward hybrid and gasoline-powered vehicles. (News On Japan)

Free roll-type plastic bags once available to shoppers at supermarkets are being removed one after another as shortages of naphtha, a petroleum-derived raw material used in plastic production, spread across Japan amid ongoing tensions in the Middle East. (News On Japan)

Kagome announced on May 14th that it will temporarily redesign several ketchup products by reducing printed packaging areas and adopting mostly transparent labels as worsening tensions in the Middle East continue to disrupt supplies of white ink and other petroleum-based packaging materials across Japan. (News On Japan)