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Updated: 8 min 33 sec ago

Nissan to Shut Down Oppama Plant in 2027

July 16, 2025 - 01:01
Nissan Motor announced on the evening of July 15th that it will end vehicle production at its key Oppama Plant in Yokosuka, Kanagawa Prefecture, by the end of fiscal 2027. Company President Ivan Espinosa held a press conference at 5 p.m. to explain the decision. (News On Japan)
Categories: Japan News

Long-Term Interest Rate Hits 1.595 Percent, Highest Since Lehman Shock

July 15, 2025 - 15:07
A key gauge of long-term interest rates temporarily rose to 1.595 percent, marking the highest level in nearly 17 years since the aftermath of the Lehman Brothers collapse. (News On Japan)
Categories: Japan News

Japan’s Largest Farming Corporation Unveils Strategy to Compete in Asia

July 15, 2025 - 05:35
A major farming corporation based in eastern Japan, Butai Farm, known for using robotics to grow lettuce and supplying pre-cut vegetables to 7-Eleven stores, has announced a new strategy to promote agriculture that can compete in Asian markets. (News On Japan)
Categories: Japan News

Mid Year Review: Best Flexi Funds of 2025 So Far

July 14, 2025 - 14:48
We are already halfway through 2025. Are you still figuring out how to invest smartly and balance the risk-reward equation in your portfolio? (News On Japan)
Categories: Japan News

Business Leaders in Japan Call for Pay Raises to Tackle Inflation

July 14, 2025 - 08:00
A recent survey by the Japan Association of Corporate Executives (Keizai Doyukai) has revealed that business leaders view wage hikes as the most effective policy response to rising prices, ahead of the July House of Councillors election. The findings reflect growing concern among corporate executives about the impact of inflation outpacing wage growth, and highlight a preference for structural solutions over short-term subsidies. (News On Japan)
Categories: Japan News

Suzuki Unveils First EV Developed in Japan and Built in India

July 13, 2025 - 05:58
Suzuki has announced plans to release its first-ever electric vehicle, the e-Vitara, in Japan within the current fiscal year. The model will also be introduced in Europe and India. (News On Japan)
Categories: Japan News

Hermes Birkin Breaks Record as Japanese Collector Pays 1.47 Billion Yen

July 11, 2025 - 16:24
A first-generation Hermes Birkin bag has been sold at a Paris auction for approximately 1.47 billion yen, marking the highest price ever paid for a handbag. The winning bidder was a Japanese collector, and the sale was held by Sotheby’s. (News On Japan)
Categories: Japan News

Rakuten Sues Government over Ban on Furusato Tax Points

July 11, 2025 - 04:34
Rakuten Group has filed a lawsuit against the Japanese government, claiming that the Ministry of Internal Affairs and Communications' decision to effectively ban reward points from the furusato nozei (hometown tax donation program) starting in October is unlawful. (News On Japan)
Categories: Japan News

Nissan Delays Production of Two EV Models in the U.S.

July 10, 2025 - 08:32
Nissan Motor, which has been grappling with sluggish business performance, is set to delay the production of two electric vehicle models it had planned to launch in the United States. The affected models are sport utility vehicles originally scheduled to be produced at the company’s Mississippi plant starting in 2028. The company did not disclose a new timeline for the start of production. (News On Japan)
Categories: Japan News

Japan Post Delivery Crisis Extends to Yu-Pack Vehicles

July 10, 2025 - 08:07
Japan Post’s improper vehicle safety checks have sparked wider concerns, with more than 30,000 vehicles now potentially subject to suspension—raising fears that Yu-Pack deliveries could also be affected. (News On Japan)
Categories: Japan News

ZOZO Founder Maezawa's Asset Firm Underreported 400 Million Yen in Taxes

July 9, 2025 - 17:47
The Tokyo Regional Taxation Bureau has pointed out that an asset management company wholly owned by Yusaku Maezawa, founder of online fashion retailer ZOZO, failed to report approximately 400 million yen in income. (News On Japan)
Categories: Japan News

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