Business News On Japan
Updated: 18 min 8 sec ago
8 hours 23 min ago
Japan's nationwide Consumer Price Index (CPI) rose 3.2% in January compared to the previous year, marking the highest increase in a year and seven months, according to the Ministry of Internal Affairs and Communications. (News On Japan)
February 20, 2025 - 07:50
The wholesale price of rice in Japan continues to climb, with the Ministry of Agriculture, Forestry, and Fisheries announcing on February 19th that the average price for rice traded in January under the 2024 harvest reached 25,927 yen per 60 kilograms of brown rice. (News On Japan)
February 20, 2025 - 07:48
SBI Shinsei Bank will double the interest rate on savings accounts for individuals aged 60 and older starting in April. (News On Japan)
February 20, 2025 - 01:10
More than half of employees in Japan say they do not want to become managers, according to a recent survey on management career aspirations conducted by a human resources company. Only 20.5% of respondents expressed a desire for a managerial role, while the majority said they would rather avoid it. (News On Japan)
February 19, 2025 - 02:25
Osaka is witnessing an influx of foreign luxury hotels, fueled by a surge in inbound tourism. In 2024, a record 14.63 million international visitors arrived in the city, intensifying competition among global hotel brands. (News On Japan)
February 18, 2025 - 00:35
Japan's real gross domestic product (GDP) grew at an annualized rate of 2.8% from October to December last year, marking the third consecutive quarter of positive growth. However, the results are not entirely encouraging, as weak consumer spending remains a concern. (News On Japan)
February 15, 2025 - 16:50
SoftBank founder Masayoshi Son has put Arm at the centre of his plans to build a vast infrastructure network for artificial intelligence. The launch of Arm’s own chip is considered just one step in his larger plans to move into AI chip production, say people familiar with the plans. (Techmeme Ride Home Podcast)
February 14, 2025 - 09:08
The House of Representatives held a plenary session on February 13th, during which Prime Minister Shigeru Ishiba reported on his visit to the United States. Regarding Nippon Steel’s planned acquisition of US Steel, he stated after the Japan-US summit that the two countries had "agreed on making a substantial investment rather than a takeover." (News On Japan)
February 13, 2025 - 17:42
The 2025 spring wage negotiations have officially begun, with major automakers submitting their demands on February 12th. The key question remains: will wage increases continue to rise this year?
(News On Japan)
February 12, 2025 - 15:09
In an age where information is as valuable as currency, effective management of knowledge assets can be the key to a company's competitive edge. (News On Japan)
February 12, 2025 - 14:43
The so-called 'Reiwa Rice Crisis' that emerged last summer continues to impact Japan. The government initially predicted that rice prices would stabilize once the new harvest entered the market, but as of February 11th, prices remain high. In some supermarkets, the price of a 5kg bag of rice has surged by 700 to 800 yen. (News On Japan)
February 11, 2025 - 22:46
Following the Japan-U.S. summit during the Trump administration, discussions about liquefied natural gas (LNG) imports gained momentum. The agreement to expand LNG purchases from the U.S. was seen as a key development, but significant challenges remain. Will this lead to lower gas prices in Japan? And what are the five countries that pose obstacles to fulfilling this commitment? (News On Japan)
February 11, 2025 - 12:35
Rice prices in Japan continue to rise, despite the government’s plan to release emergency reserves in an effort to stabilize the market. A bowl of tendon, topped with freshly fried tempura, is incomplete without steaming hot rice, but the cost of this staple has been steadily increasing. (News On Japan)
February 11, 2025 - 12:07
The stalled merger talks between Honda and Nissan, as well as Nippon Steel’s acquisition bid for US Steel, are in the spotlight. The negotiations for a management integration between Honda and Nissan were scrapped in just about a month after they were revealed, largely due to the size differences between the two automakers. (News On Japan)
February 10, 2025 - 00:47
Confusion arose during a joint press conference following the U.S.-Japan summit on February 7th when former President Donald Trump mistakenly referred to Nippon Steel as "Nissan" three times while discussing the company's planned acquisition of U.S. Steel. His remarks led to brief speculation about whether struggling automaker Nissan was investing in the American steel giant. (News On Japan)
February 8, 2025 - 13:07
Takanawa Gateway City, one of Tokyo’s largest redevelopment projects, is set to open on March 27. While still under construction, many of the barriers have been removed, revealing glimpses of the city’s future landmark. (News On Japan)
February 8, 2025 - 12:45
A senior executive of Taiwan’s electronics manufacturing giant, Hon Hai Precision Industry (Foxconn), reportedly visited Japan last month and met with Nissan officials, according to Taiwanese media reports. (News On Japan)
February 7, 2025 - 11:44
As new condominium prices continue to rise in Japan, homeownership is becoming increasingly challenging for many buyers. As a result, many potential buyers are turning to the used condominium market in search of more affordable options. (News On Japan)
February 7, 2025 - 06:03
The average price per Valentine's Day chocolate stands at 418 yen, marking a 5.8% increase from 2024, according to Teikoku Databank, with chocolates from international brands averaging 435 yen per piece, 35 yen higher than Japanese brands. (News On Japan)
February 7, 2025 - 05:56
Nissan’s CEO has informed Honda’s president of the company’s decision to terminate merger discussions. Why did the planned alliance between Japan’s second- and third-largest automakers break down? (News On Japan)
Pages