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Updated: 15 min 31 sec ago

Heatstroke Insurance Applications Surge

May 3, 2024 - 19:03
As harsh summer heat is expected nationwide, applications for insurance against the risk of heatstroke have surged, reaching approximately 4,000 in just one week since sales began. (News On Japan)
Categories: Japan News

New Cruise Terminal Opens in Osaka

May 3, 2024 - 15:47
A new cruise ship terminal has been completed at Tempozan in Osaka, and it was unveiled to the press on May 2nd. (News On Japan)
Categories: Japan News

Tsukiji Redevelopment Includes 50,000 Seat Stadium

May 3, 2024 - 05:33
A consortium led by Mitsui Fudosan, selected to redevelop the former Tsukiji Market site, revealed at a press conference held in Tokyo on May 1st, plans to invest 900 billion yen in creating a multi-purpose stadium capable of accommodating 50,000 people. (News On Japan)
Categories: Japan News

Market Watch: Nikkei Struggles with US Fiscal Policy

May 2, 2024 - 13:08
The Nikkei average stock price fell on May 1st due to concerns that the start of US rate cuts might be delayed. In the morning, the decline exceeded 300 yen at one point. (News On Japan)
Categories: Japan News

Sake Makers Run Out of Bottles

May 2, 2024 - 12:48
As demand for sake rebounds both domestically and internationally, a major shortage of sake bottles has prompted a leading food wholesaler to begin selling the beverage in cans instead of bottles. (News On Japan)
Categories: Japan News

Fully Cashless 'WHATAWON' Opens in Osaka

May 1, 2024 - 23:19
A large-scale commercial facility, boasting about 50 stores from shopping to lodging and operating entirely cashless, has opened in Kishiwada City, Osaka Prefecture. (News On Japan)
Categories: Japan News

Osaka May Day Rally Calls for Wage Increases

May 1, 2024 - 22:58
May 1st marks the celebration of the international labor movement known as May Day. In Osaka, a rally was held where attendees called for the extension of recent substantial wage increases to small and medium-sized enterprises (SMEs) as well. (News On Japan)
Categories: Japan News

Japan's Top Five Securities Firms See Significant Profit Increase

May 1, 2024 - 19:20
The earnings reports from Japan's five major securities firms are in, showing strong performances boosted by the rising stock market. (News On Japan)
Categories: Japan News

Vacant Homes in Japan Reach Record High of 9 Million

May 1, 2024 - 12:23
Japan's Ministry of Internal Affairs and Communications announced on April 30th that the number of vacant homes across the country has reached 9 million, setting a new record high. (News On Japan)
Categories: Japan News

Japan Suspected of Injecting 5 Trillion Yen into Forex Market

May 1, 2024 - 01:55
Market insiders estimate that the government and the Bank of Japan (BOJ) might have conducted a forex intervention scaled at 5 trillion yen. (News On Japan)
Categories: Japan News

From Part-Time to President: Young Woman Leads Curry Franchise

April 30, 2024 - 15:17
Starting May 1, a new president will take the helm at the company that franchises "Curry House CoCo Ichibanya" in Gunma and eight other prefectures. Remarkably, the appointee is a 22-year-old woman who currently works there as a part-time employee, making this a highly unusual promotion. (News On Japan)
Categories: Japan News

Survey Reveals Wage Gains Not Matching Inflation

April 29, 2024 - 23:38
A recent study by the Rengo Research Institute, which focuses on labor issues, has revealed that only a little over 6% of workers report their wage increases have exceeded the rate of inflation. (News On Japan)
Categories: Japan News

Record Profits Following Tokyo Disney's 40th Birthday

April 29, 2024 - 10:54
Oriental Land Co., operator of Tokyo Disney Resort, announced that it achieved record revenue and net profits for the fiscal year 2023. The company reported a revenue of 618.4 billion yen ($3.9 billion) and a net profit of 120.2 billion yen ($755 million), both the highest in its history. (News On Japan)
Categories: Japan News

Weak Yen Fails to Boost Stocks as Expected

April 29, 2024 - 10:49
On April 26, the Nikkei Average closed up 306 points at 37,934 yen, despite a rapidly weakening yen. Experts are noting a shift in the typical correlation between a weak yen and strong stock performance, suggesting that the previous dynamic may be weakening. (News On Japan)
Categories: Japan News