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Japan Gov't Releases Daihatsu's Crash Test Results

January 15, 2024 - 22:15
Following the certification fraud issue at Daihatsu, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has made public its vehicle collision tests. (News On Japan)
Categories: Japan News

Nikkei Briefly Hits 36,000 for First Time in Nearly 34 Years

January 15, 2024 - 19:02
The Nikkei Stock Average continued to rise on Monday, setting a post-bubble record high for the fifth consecutive day, closing at 35,901, up 324 yen from the previous week's end. (News On Japan)
Categories: Japan News

Corporate Bankruptcies in Japan Hit 8,000 Last Year, May Exceed 10,000 Amid '2024 Problem'

January 15, 2024 - 18:09
Corporate bankruptcies in Japan last year reached over 8,000 for the first time in four years, driven by high inflation and labor shortages, with the possibility of exceeding 10,000 this year as industry faces the '2024 Problem'. (News On Japan)
Categories: Japan News

Shimane's Sole 'Departo' Closes After 65 Years, Leaving Four Prefectures Without Department Stores

January 15, 2024 - 08:32
Since 2008, about a third of department stores in Japan have closed down, with Ichibata in Shimane the latest to close its doors, leaving four prefectures in Japan without any department stores at all. (News On Japan)
Categories: Japan News

Yamato Announces Price Increases on Parcel Deliveries

January 13, 2024 - 12:42
Yamato Transport, one of Japan's largest door-to-door delivery companies, has announced it will raise parcel delivery fees by an average of 2% starting this April. (News On Japan)
Categories: Japan News

Earthquake Imperils Wagyu Beef Production

January 13, 2024 - 08:08
The impact of the earthquake has extended to livestock farming, with one Wagyu beef ranch in Ishikawa Prefecture unable to get feed delivered due to road damage. (News On Japan)
Categories: Japan News

Tokyo Stock Market Hits Post-Bubble High for the Fourth Consecutive Day Amid New NISA System Adoption

January 13, 2024 - 03:33
The Nikkei Stock Average reached its highest level since the bubble era for the fourth consecutive day on Friday, closing at 35,422.95, surging by more than 2,000 points over the past week on the back of changes to Japan's investment rules. (News On Japan)
Categories: Japan News

Tokyo Auto Salon Opens with 900 Customized Cars on Display at Makuhari

January 13, 2024 - 01:15
One of the largest annual custom car shows in Japan, Tokyo Auto Salon 2024, opened on Friday at Makuhari Messe just outside of Tokyo in Chiba, featuring 900 concept cars and special edition vehicles. (News On Japan)
Categories: Japan News

Bus company suspended for overworking drivers more than 16 hours/day

January 12, 2024 - 11:30
Nankai Bus has been ordered to halt operations following reports that the company has been overworking drivers for more than 16 hours a day, driven by severe staff shortages. (News On Japan)
Categories: Japan News

Construction begins on Japan's tallest wooden building

January 11, 2024 - 20:37
Foundations are being laid for an 18-story, 84-meter tower in Nihonbashi, Tokyo, set to become the tallest wooden building in Japan, embracing the shift towards sustainable construction. (News On Japan)
Categories: Japan News

Suzuki to build new $4 billion plant in India

January 11, 2024 - 10:38
Suzuki has announced plans to invest over 600 billion yen in India to build a new factory capable of producing 1 million vehicles annually in a move to shore up its current 40% market share amid keen competition from Korea. (News On Japan)
Categories: Japan News

Hundreds of UK postmasters to have convictions overturned following Fujitsu software malfunction

January 11, 2024 - 08:17
UK Prime Minister Rishi Sunak has announced new legislation to overturn the convictions of postmasters wrongfully accused of embezzlement following the discovery of flaws in an accounting system provided to post offices by Fujitsu. (News On Japan)
Categories: Japan News

Uniqlo donates down jackets to quake victims

January 11, 2024 - 06:33
Fast Retailing, the parent company of Uniqlo and GU, will provide 100,000 items of winter clothing including down jackets to the areas affected by the Noto Peninsula earthquake. (News On Japan)
Categories: Japan News

Honda to launch self-developed EV series

January 11, 2024 - 05:56
Honda Motor has announced plans to launch a new series of self-developed electric vehicles in 2026. It says this is the company's first step in expanding its presence in the global EV market. (NHK)
Categories: Japan News

Economists: Quake will deal major blow to Japan's GDP

January 11, 2024 - 05:41
Economists say the major earthquake that hit central Japan on New Year's Day will deal a heavy blow to the country's GDP. They estimate the economic impact to run into the hundreds of millions of dollars and say the figure could rise as the full extent of the damage becomes clear. (NHK)
Categories: Japan News

Nikkei hits new 34-year high, breaks through 34,000

January 10, 2024 - 14:37
Japanese stocks continue to reach new highs following yesterday's rally, with the Nikkei trading above 34,000, a level not seen in 34 years. (News On Japan)
Categories: Japan News

Start the Year in Style: The Must-See Lineup from GU

January 10, 2024 - 12:42
Check out GU's new January lineup of new clothing! (MDPR)
Categories: Japan News

Japan's real wages down for 20th month

January 10, 2024 - 11:56
Real wages for wokers in Japan decreased by 3% last November year-on-year, marking a continuous decline for 20 months. (News On Japan)
Categories: Japan News

Tokyo consumer price index surges to 41-year high

January 10, 2024 - 06:29
Over the past year, the consumer price index in Tokyo's 23 wards rose by 3.0% compared to the previous year, marking the highest increase in 41 years. (News On Japan)
Categories: Japan News

Nikkei hits post-bubble high

January 9, 2024 - 13:02
The Nikkei Stock Average surged 600 points during trading Tuesday morning to reach its highest level since March 1990. (News On Japan)
Categories: Japan News