Business News On Japan
Updated: 20 min 5 sec ago
June 17, 2024 - 15:47
Machinery orders in Japan fell by 11.3% in April, with private sector demand declining for the first time in three months. (News On Japan)
June 17, 2024 - 01:07
Toyota Motor Corporation has announced its decision to halt the production of three models, including the Yaris Cross, due to certification irregularities. The production suspension, initially set to last until June 28, will now continue at least until the end of the next month as investigations by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and other authorities are ongoing.
(News On Japan)
June 14, 2024 - 23:52
An increasing number of Western confectionery shops in Japan, particularly cake shops, are going bankrupt.
According to research released in June, from January to May, there have been 18 bankruptcies, the highest number since 2010. If this trend continues, it will surpass the record set in 2019. (News On Japan)
June 14, 2024 - 15:42
The Bank of Japan decided on June 14th to reduce its government bond purchases following the conclusion of its Monetary Policy Meeting. The pace of the reduction will be determined at the next meeting. (News On Japan)
June 13, 2024 - 17:30
LINE Yahoo has announced that it will discontinue its smartphone payment service, LINE Pay, in Japan by April 30, 2025. (News On Japan)
June 13, 2024 - 16:56
Japan Post has announced its first price increase in nearly 30 years, set to take effect this fall, unveiling new stamps and postcards. (News On Japan)
June 13, 2024 - 15:16
According to a survey released by the Financial Services Agency on June 12th, the number of NISA accounts as of the end of March was 23,227,848. (News On Japan)
June 12, 2024 - 22:08
Japan's Corporate Goods Price Index (CGPI), which indicates the prices of goods traded among companies, has reached a record high for the sixth consecutive month. (News On Japan)
June 12, 2024 - 14:18
Japan Airlines has submitted measures to prevent a recurrence of safety incidents, including prohibiting staff from drinking alcohol while staying overnight. (News On Japan)
June 12, 2024 - 05:11
Concerns about water shortages are spreading across Japan due to declining dam reservoir levels caused by low snowfall in winter and insufficient spring rain. (News On Japan)
June 11, 2024 - 17:13
Japan's Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) has announced plans to establish an emergency council to address the ongoing aviation fuel shortage. This council, set to convene in mid-June, will include representatives from the aviation and petroleum industries. (News On Japan)
June 11, 2024 - 02:24
Foreigners have been showing significant interest in Japan's vacant homes, commonly known as 'akiya,' due to the country's aging population and rural depopulation issues. But what kind of vacant homes are attracting these buyers? (News On Japan)
June 11, 2024 - 02:02
The Japan Business Federation (Keidanren) has released a proposal seeking the amendment of the current law that mandates married couples to choose one surname upon marriage.
(News On Japan)
June 10, 2024 - 21:11
Japan's economy contracted at a narrower pace of 1.8% annualised in the January-March period from the previous quarter, government data showed on Monday. (Reuters)
June 10, 2024 - 21:06
The number of corporate bankruptcies in Japan last month surpassed 1,000 for the first time in nearly 11 years. (News On Japan)
June 10, 2024 - 20:54
Japan's Ministry of Finance announced that the current account surplus for April, reflecting transactions in goods and services with overseas, was 2.0505 trillion yen. This marks the 15th consecutive month of surplus and the largest April surplus since comparable records began in 1985. (News On Japan)
June 10, 2024 - 16:13
Yamato Transport, Japan's largest parcel delivery company, is expanding its "leave at door" delivery service from June 10 to reduce redeliveries and ease the burden on drivers. This service allows packages to be left at the recipient's doorstep or another designated location if they are not home. (News On Japan)
June 9, 2024 - 07:15
The construction industry has long been known for its tough and demanding image, leading to a noticeable labor shortage. The proportion of young workers in the industry has been declining each year, while the aging workforce continues to grow. (News On Japan)
June 9, 2024 - 05:22
The theme park industry is experiencing a boom in new openings and expansions, such as the much-anticipated new area at Tokyo DisneySea. Despite rising prices and a trend towards consumer savings, theme parks continue to see growing sales. This report delves into the "magic" behind the industry's success. (News On Japan)
June 8, 2024 - 05:40
A nearly completed apartment building in Kunitachi City, Tokyo, is set to be demolished due to growing demands for the construction to be halted because it obstructs the view of Mount Fuji. (News On Japan)
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