Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United States. ( read original story ...)
Japanese tech giant SoftBank records its first profit in 4 years
Japanese technology company SoftBank Group has posted its first profit in four years, as it raked in gains from its investment portfolios. ( read original story ...)
Japan’s SoftBank Group books $3.5 billion Q4 profit; beats estimates
Japanese investment conglomerate SoftBank Group booked a net profit of 517 billion yen ($3.49 billion) for January-March on strong performance from its telecommunications holdings and higher ... ( read original story ...)
Japan’s Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What’s Next For The Tech Giant
Panasonic Holdings, a Japanese electronics giant, is cutting around 10,000 jobs globally, with 5,000 positions eliminated in Japan and 5,000 overseas. Panasonic's decision to cut around 10,000 jobs ... ( read original story ...)
Japan business failures hit 11-year high for April
More failures were seen mainly among smaller companies with weak business bases as their revenue was squeezed by rising prices and higher labor costs. ( read original story ...)
What Caused Japan’s 16-Foot Ground Surge? Scientists Unravel the Mystery
Using fault geometry data, scientists simulated the Noto Peninsula earthquake and explained why uplift varied so drastically by location. On New Year’s Day 2024, a powerful 7.5-magnitude earthquake ... ( read original story ...)
Japan’s defense buildup rockets up contractors’ bottom line
Defense contractors are reaping the benefits through increased profits from the government’s plan to sharply increase related expenditures in the five years through fiscal 2027. ( read original story ...)
Japanese foreign equity purchases in April hit 20-year high on global market volatility
Japanese investors sharply ramped up their overseas equity purchases in April, shifting away from bonds as they rebalanced portfolios amid global market volatility triggered by U.S. tariffs, and ... ( read original story ...)
Liongate Re cat bond on-track for ~$100m Japan quake & German parametric quake limit
We understand the target remains for up to $100 million of collateralized reinsurance limit from the new Liongate Re DAC catastrophe bond that will ... ( read original story ...)
Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions
Asia-Pacific markets are set to mostly rise Monday over optimism that U.S.-China trade tensions could de-escalate following the superpowers' talks in Switzerland over the weekend. ( read original story ...)
From sex toys to cherry-blossom KitKats, Japan’s Don Quijote thrives as tourists ‘hunt’ for quirky bargains
Business is booming at Japanese discount chain Don Quijote, which sells everything from nostril-hair wax to compact gadgets and colourful party costumes, ... ( read original story ...)
QUAKE-HIT JAPANESE CITY WAJIMA STRUGGLES FOR RECOVERY AND RECONSTRUCTION
Wajima, a picturesque tourist town in Japan, is facing significant devastation following the country's strongest earthquake in 13 years. The 7.6 magnitude earthquake, which struck on New Year's Day, ... ( read original story ...)
Japan’s PM Ishiba reiterates call to eliminate all tariffs with US
Prime Minister Shigeru Ishiba said ‘discussions have gradually come together,’ and Tokyo’s relationship with US President Donald Trump is ‘surprisingly good’. ( read original story ...)
Japan will stand its ground, demanding the abolition of auto tariffs: Ishiba
The U.S. is an important market for the Japanese automobile industry, accounting for about 20% of its total car exports in terms of volume and about 30% in terms of value. ( read original story ...)
‘Treasure hunt’: tourists boost sales at Japan’s Don Quijote stores
Business is booming at Japanese discount chain Don Quijote, which sells everything from nostril-hair wax to compact gadgets and colourful party costumes, thanks to its cult status among tourists but ... ( read original story ...)
Tokyo government steps in to keep ‘sento’ bathhouses alive
TOKYO -- As Japan's traditional bathhouses, or sento, face a wave of closures across Tokyo, the metropolitan government is launching initiatives to help find new ownership and to assist with ... ( read original story ...)