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Updated: 29 min 18 sec ago

Germany Surpasses Japan in 2023 Nominal GDP

February 15, 2024 - 14:21
The Cabinet Office announced that Japan's nominal GDP in 2023 fell to fourth place globally, overtaken by Germany, in dollar terms, partly due to a continued downturn in personal consumption, influenced by rising prices. (News On Japan)
Categories: Japan News

Profits Up for Restaurant Giants

February 15, 2024 - 02:43
Two major family restaurant chains in Japan have reported their annual financial results, showing an increase in net profits due to the recovery in the number of customers following the downgrading of COVID-19 to a Class 5 infectious disease. (News On Japan)
Categories: Japan News

Turbulence for Japan Airlines

February 14, 2024 - 19:49
This month, it was revealed that a Japan Airlines passenger plane entered a taxiway different from the one instructed by air traffic controllers at San Diego Airport in the United States and crossed the stop line before the runway, prompting another passenger plane to go around during its landing attempt. Japan Airlines had also experienced an incident in November of last year at Seattle Airport in the United States, where a plane mistakenly entered a runway. (News On Japan)
Categories: Japan News

Keidanren Chairman Advocates for the Introduction of Separate Surnames for Married Couples

February 14, 2024 - 14:04
Keidanren Chairman, Masakazu Tokura, expressed his support for the introduction of a "selective separate surnames system" that would allow married couples to retain their individual surnames. (News On Japan)
Categories: Japan News

Chinese Investors Shift Focus to Residential Property

February 14, 2024 - 13:58
The purpose behind Chinese purchases of Japanese real estate is evolving. We delved into the phenomenon of Chinese wealthy individuals buying up condominiums for residential purposes. (News On Japan)
Categories: Japan News

Yen Falls to Three-Month Low, Breaking 150 Mark

February 14, 2024 - 03:04
The yen weakened to the mid-150s against the dollar in the foreign exchange market, reaching a level last seen in November, approximately three months ago. (News On Japan)
Categories: Japan News

Japan's Bus Industry Targets Female Drivers

February 13, 2024 - 01:38
As Japan faces a critical shortfall of over 20,000 drivers, the bus industry has embarked on a novel initiative to address the issue: hire more women. (News On Japan)
Categories: Japan News

Daihatsu Kyoto Factory Resumes Production for First Time Since Scandal

February 12, 2024 - 23:32
Daihatsu Industry has recommenced production of specific vehicle models at its Kyoto factory, marking the first resumption of operations since halting all domestic factory activities due to a misconduct scandal. (News On Japan)
Categories: Japan News

Toyota to Conduct Autonomous Driving Trials on Odaiba's Public Roads

February 12, 2024 - 19:48
Toyota Motor Corporation has announced plans to conduct a demonstration experiment using autonomous vehicles on the public roads of Odaiba, Tokyo, as early as July this year. (News On Japan)
Categories: Japan News

Legendary Hostess Himika Announces Her Inauguration as President of "CLUB RAISE"

February 12, 2024 - 03:41
Himeka, a hostess at CLUB RAISE, part of the Ace Group in Kita-Shinchi, Osaka, updated her Instagram on February 11th to announce that she will be taking on the role of president of the company starting February 15th. (News On Japan)
Categories: Japan News

CoCo Ichibanya to Raise Prices on Egg Dishes

February 10, 2024 - 09:31
Curry House CoCo Ichibanya, a staple for curry lovers, has announced a price adjustment for its egg-based dishes starting March. The move comes in response to the soaring prices of chicken eggs, exacerbated by the impact of avian influenza and other factors. (News On Japan)
Categories: Japan News

Ito-Yokado to Withdraw from Hokkaido and Tohoku, Closing All 14 Stores

February 9, 2024 - 18:00
Ito-Yokado, a supermarket chain under the umbrella of Seven & i Holdings, has announced its withdrawal from Hokkaido and the Tohoku region, signaling the closure of all its 14 stores in these areas. This strategic retreat encompasses six stores in Hokkaido and eight stores across Aomori, Iwate, Miyagi, and Fukushima prefectures. The closures will be phased in starting this spring. (News On Japan)
Categories: Japan News

Japan Stretches Safety Net for Part-Time Workers

February 9, 2024 - 14:58
The Japanese government has taken a significant step towards expanding employment insurance coverage by approving an amendment to the Employment Insurance Act that aims to lower the required working hours for eligibility, making it easier for part-time workers to join the insurance system. (News On Japan)
Categories: Japan News

Japan's McDonald's Delivers Record Sales

February 9, 2024 - 14:07
Japan McDonald's Holdings announced on February 8th that its annual sales reached a record 777.7 billion yen last year, marking the highest in the company's history. The final profit also saw a significant increase, rising by 26.2% to 25.1 billion yen compared to the previous year. (News On Japan)
Categories: Japan News

Consumer Agency Challenges "Low-Carb" Rice Cooker Claims

February 9, 2024 - 14:04
The Consumer Affairs Agency has called for preventive measures against four companies selling rice cookers advertised with "carb-cutting" features, citing a lack of rational basis for such claims. (News On Japan)
Categories: Japan News

Japan Airlines Revives Cargo Fleet After 13 Years

February 8, 2024 - 18:33
In response to the surge in online shopping and the anticipated "2024 problem," Japan Airlines (JAL) has unveiled the interior of its newly introduced cargo aircraft, marking the company's first foray back into dedicated freighters in 13 years. (News On Japan)
Categories: Japan News

Nippon Steel's Ambitious $20 Billion Acquisition of US Steel Faces Hurdles

February 8, 2024 - 14:44
In December 2023, Nippon Steel reached an agreement to acquire American steel giant US Steel in a deal worth 2 trillion yen. However, opposition has emerged from labor unions and former President Donald Trump. Unions claim that President Biden has also expressed opposition to the acquisition, potentially making it a topic of discussion in the November presidential election and increasing the headwinds facing Nippon Steel. (News On Japan)
Categories: Japan News

Nintendo Achieves Record Net Profit of 408 Billion Yen

February 8, 2024 - 13:12
Nintendo announced on Wednesday that its net profit for April to December last year surged by 17.9% to a record 408 billion yen, bolstered by the depreciating yen which expanded its earnings. (News On Japan)
Categories: Japan News

Japan's Current Account Surplus Rebounds to Over 20 Trillion Yen Amid Lower Import Costs

February 8, 2024 - 13:08
For the first time in two years, Japan's current account surplus has rebounded to the 20 trillion yen range over the last year, thanks to a decrease in oil prices leading to reduced import costs. (News On Japan)
Categories: Japan News

Reiwa Era Comedians Deliver Side-Splitting Suntory Commercial

February 7, 2024 - 11:19
Suntory has launched a new web commercial for its draft beer, starring the comedy duos Oswald (Yu Hatanaka and Shunsuke Ito) and Reiwa Roman (Kuruma Takabiraki and Kemuri Matsui), titled "Promising Newcomers." The nearly two-minute-long video debuted on the Suntory official YouTube channel on Wednesday, February 7. Both pairs engage in an almost unscripted hilarious conversation that is a must-watch. (News On Japan)
Categories: Japan News