Business News On Japan
Updated: 5 min 43 sec ago
October 1, 2024 - 11:19
Yamaha Motor announced that its President, Yoshihiro Hidaka, 61, resigned Monday following an attack by his daughter on September 16th that left him with severe cut wounds on his left arm. (News On Japan)
October 1, 2024 - 05:24
Starting October 1, Japan's major banks will raise their variable mortgage rates, sparking a surge in demand at housing sales sites. (News On Japan)
September 30, 2024 - 18:55
Tokyo's benchmark stock index plunged on Monday following Friday's vote for the leadership of Japan's main ruling Liberal Democratic Party. The election of Ishiba Shigeru as party president has investors reconsidering their bets for economic policy.
(NHK)
September 29, 2024 - 22:38
Toyota's global production has seen a decline for the seventh consecutive month. In August, Toyota Motor Corporation announced that its worldwide production totaled 709,571 units, an 11.2% decrease from the same period last year. (News On Japan)
September 27, 2024 - 07:02
Suzuki plans to increase its car dealerships in India by 70% to around 6,800 stores by the fiscal year 2030, according to a report by the Nikkei. The automaker has been contracting with local companies to expand its network, adding approximately 200 dealerships annually in recent years. (News On Japan)
September 27, 2024 - 01:48
The president of Nippon Steel says he cannot be optimistic about its takeover of US Steel due to opposition from the United Steelworkers union, or USW.
(NHK)
September 25, 2024 - 23:50
The average salary received by employees working in private sector companies last year increased for the third consecutive year, reaching 4.6 million yen, according to a survey by Japan's National Tax Agency. (News On Japan)
September 25, 2024 - 02:20
Egg prices are increasing once again, particularly impacting businesses like a Baumkuchen specialty shop in Adachi, Tokyo, which uses 3,000 eggs daily. President Eisuke Namai expressed concerns over the rising costs, noting that eggs are crucial for the cake's quality, and a recent price surge has made it difficult to pass on costs to consumers repeatedly. (News On Japan)
September 25, 2024 - 01:55
The Bank of Japan governor says the BOJ will carefully examine the timing of future rate hikes rather than setting a schedule in advance. Ueda Kazuo cited uncertainties surrounding the US economy.
(NHK)
September 22, 2024 - 19:10
The Tokyo Stock Exchange announced on Friday that it has approved the initial public offering (IPO) of Tokyo Metro on the TSE Prime Market. The planned listing date is October 23. (News On Japan)
September 22, 2024 - 01:58
Daihatsu Motor announced on Friday that it has filed a recall with the Ministry of Land, Infrastructure, Transport, and Tourism for 1.71 million vehicles, including 15 models such as the Tanto, due to improper tightening of seat bolts. (News On Japan)
September 20, 2024 - 04:40
The average price of a newly built condominium in Tokyo’s 23 wards has exceeded 100 million yen for the fourth consecutive month. (News On Japan)
September 18, 2024 - 05:14
The village of Onna in Okinawa has recorded the highest land price increase in Japan, with prices for some areas rising by 29%. The average nationwide land price has increased by 1.4% for the third consecutive year, but the sharpest growth is seen in residential areas like Onna Village. (News On Japan)
September 17, 2024 - 20:24
Land prices across Japan have been rising for four consecutive years, with North Kanto emerging as a key area of interest due to its favorable living conditions. (News On Japan)
September 17, 2024 - 14:59
Sharp, a major home appliance manufacturer, has unveiled its first electric vehicle (EV) as part of its move into the electric vehicle market, with a five-seater 'extended livingroom' EV Sharp van.
(News On Japan)
September 17, 2024 - 04:54
Gold is gaining increasing attention as a stable asset. Among the most eye-catching items at a gold exhibition held in a Sapporo department store are statues of the genius surgeon Black Jack and his assistant Pinoko, both made of gold. (News On Japan)
September 15, 2024 - 22:52
There are approximately 2 million visually impaired individuals in Japan and 300 million worldwide. Due to their impaired vision, going out often comes with the risk of accidents. In response to this issue, Honda's first startup Asirase, led by CEO Chino, developed a navigation device called 'Ashirase' to assist visually impaired individuals in walking safely. (News On Japan)
September 14, 2024 - 07:49
Japanese food businesses are intensifying their expansion efforts in China, where consumption has stagnated due to rising food prices. We investigate the factors driving these Japanese companies to accelerate their operations in the Chinese market. (News On Japan)
September 13, 2024 - 04:34
A Bank of Japan policy board member has signaled that the central bank should raise its short-term interest rate to at least around one percent in stages for price stability.
(NHK)
September 13, 2024 - 04:33
Ricoh announced on September 12th that it will reduce its workforce by approximately 2,000 employees globally by March 2025. With the market for office equipment shrinking due to the advancement of digitalization, the company plans to restructure its overseas sales and service operations while focusing its management resources on supporting digital transformation (DX). (News On Japan)
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