Kobayashi Pharmaceutical has decided to withdraw from its Red Yeast Rice supplement business, according to a statement made by the new president, Satoshi Yamane, in his first press conference on the 8th of August. (News On Japan)

The Consumer Affairs Agency has issued a corrective order to RIZAP, the gym operator, for engaging in stealth marketing by presenting influencer comments as customer testimonials. (News On Japan)

Lawson, one of Japan’s major convenience store chains, has released its basic policy on combating customer harassment, becoming the first among the top three convenience store operators to do so. (News On Japan)

PayPay, a leading payment app company, announced that it has obtained approval from the Ministry of Health, Labor and Welfare to act as a provider of digital salary payments. Starting with September’s payroll, PayPay will offer this service to employees of 10 companies within the SoftBank Group who choose to opt-in. (News On Japan)

The average summer bonus for major companies this year has exceeded 940,000 yen, marking the second highest level on record. (News On Japan)

NTT Data, a major IT company in Japan, is entering the capsule hotel business with a new initiative to analyze guests' sleep data. (News On Japan)

The Nikkei 225 index surged and the yen weakened in the foreign exchange market after the Deputy Governor of the Bank of Japan (BOJ) expressed a negative stance on additional rate hikes amid ongoing market volatility. (News On Japan)

The stock market and yen have experienced intense fluctuations in recent days, leading to mixed opinions on whether to buy or sell. (News On Japan)

Tokyo's benchmark stock index has posted a record intraday gain, after rebounding from its worst-ever single-day points decline. (NHK)

Niconico, the video-sharing service, has fully resumed operations after being offline for nearly two months due to a cyberattack. (News On Japan)

The Nikkei Stock Average experienced its largest decline in history, surpassing the infamous Black Monday, with a drop of over 4,400 points. (News On Japan)

The Nikkei Stock Average plunged by more than 4,200 at one point on Monday afternoon due to increasing fears of an economic downturn in the United States. (News On Japan)

Plans to build a new round building on the site of the former Osaka Marubiru, which closed last year, were approved on August 2nd in a meeting held by Osaka Prefecture. (News On Japan)

Sony PCL, a subsidiary of Sony Group involved in video content production, will hold an exhibition of advanced video technologies for creators over two days starting on August 1st. (News On Japan)

The Japanese Nikkei 225 experienced a historic drop on Friday, closing 2,216 points lower than the previous day at 35,909, following concerns over an economic downturn in the United States. (News On Japan)

The Nikkei started to plunge immediately after the market opened on Friday, August 2nd, with the drop of more than 2000 points, marking the largest decline this year. (News On Japan)

Japan's three major banks announced on Wednesday that they will increase the interest rate on ordinary deposits from the current 0.02% to 0.1%, a fivefold increase. Resona Bank is also planning to announce a similar increase soon. (News On Japan)

The Japanese yen surged to 149 per dollar on Wednesday following the Bank of Japan's (BOJ) policy to raise interest rates to 0.25%. (News On Japan)

The Bank of Japan has taken a big step to exit its monetary easing measures. The central bank has decided to raise its short-term interest rate again this year, to around 0.25 percent from roughly 0 to 0.1 percent. (NHK)

Toyota Motor Group has announced its sales figures for the first half of this year. While overseas sales reached a record high, domestic sales fell by more than 30% due to repeated certification fraud issues. (News On Japan)