The head of Japan's largest business lobby on Wednesday expressed concern over weakening corporate sentiment at home amid fears that ... ( read original story ...)
Japan’s Panasonic targets 10,000 job cuts worldwide
TOKYO: Japanese electronics giant Panasonic, which supplies batteries to Tesla, said on Friday (May 9) it will target 10,000 job cuts worldwide as part of efforts to boost profitability. The cuts, ... ( read original story ...)
Japanese tech company Panasonic cuts 4% of its global workforce as profits falter
Panasonic says it will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, "lean" company," The Japanese manufacturer said Friday that the job ... ( read original story ...)
Japan household spending slides 0.1% in FY2024
Household spending in fiscal 2024, which ended in March, dropped 0.1% from the previous year in price-adjusted real terms, down for the second straight year, the internal affairs ministry said Friday. ( read original story ...)
People in Japan’s Noto region welcome first school trip since 2024 earthquake
About 100 students from Tokyo have visited Noto in central Japan's Ishikawa Prefecture. The prefecture says it marked the first school trip to the region since a devastating earthquake there early ... ( read original story ...)
Japan’s nominal wage growth slows, backing case for BOJ caution
Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median economist forecast of 2.5%. ( read original story ...)
Tokyo luxury hotels warned against cartel-like price info sharing
Japan's antitrust watchdog on Thursday warned more than a dozen high-end Tokyo hotel operators over regularly sharing their room rates and occupancy data, deeming the practice as bordering on cartel ... ( read original story ...)
Japan’s insurers disbursed $730m on disasters including Noto quake
Ishikawa Prefecture recorded the highest payouts. Japan’s insurance claims paid for the 2024 Noto Peninsula Earthquake, and typhoons, windstorms, floods summed to $0.73b (¥104.8b) last year, data from ... ( read original story ...)
Warren Buffett’s Parting Gift To Japan Is Economic Gold
Now, as Buffett, 94, prepares to step down, he’s making it clear Berkshire has no intention of selling any of its Japan shares. And Buffett’s successor Greg Abel says Berkshir ... ( read original story ...)
Japan’s JFE to boost overseas investments, but suspend blast furnace
JFE Holdings , parent of Japan's second-biggest steel maker, said on Thursday it will invest 400 billion yen ($2.8 billion) overseas over the next three years to drive growth, while suspending a blast ... ( read original story ...)
SusHi Tech Tokyo 2025 expands to become one of Asia’s largest startup events
Global conference SusHi Tech Tokyo 2025 kicked off in Tokyo on Thursday with around 600 startups and pavilions set up from 16 countries, becoming one of the largest events for startups in Asia. ( read original story ...)
Toyota reports booming sales but stays cautious on profit because of various costs
Japan’s top automaker Toyota is reporting record sales for the fiscal year through March, but its profit for the latest quarter faltered partly because of a certification scandal. ( read original story ...)
The ants, the grasshopper and Japan’s future
In Aesop’s fable, the grasshopper spends its summer singing, dancing and consuming. The assiduous ant toils away storing food, despite the grasshopper’s entreaties to join the fun. Winter descends. ( read original story ...)
German agency to strengthen its support for Japan startups
The German agency plans to hold seminars in four cities across Japan through November to provide such companies with free expertise. ( read original story ...)
JR express train passengers during Golden Week up 3%
The result is believed to reflect the impact of the 2025 World Exposition in the city of Osaka, as well as demand from foreign visitors. ( read original story ...)
Asia-Pacific markets set to climb after U.S. Federal Reserve keeps rates unchanged
Fed chair Jerome Powell warned that if the significant tariff hikes already announced remain at current levels, they could lead to a slowdown in economic growth. ( read original story ...)