Japan's antennas will help Indian naval vessels rapidly detect drones and missiles.
Defense

Japan to export naval antennas to India for Indo-Pacific deterrence

Tokyo to announce deal at upcoming two-plus-two ministerial meeting

16 August 2024
Creattura is helping rice farmers in the Philippines cut methane emissions from their paddies. (Creattura)
Climate Change

Philippine carbon credit project to reduce methane from rice paddies

Japan climate solutions firm Creattura eyes expansion to rest of Southeast Asia

16 August 2024
Fujiya launched its plant-based hamburger steak in January. (Fujiya)
Food & Beverage

Japan grilled-steak operator to offer plant-based meat in U.S.

Fujiya readies pitch for vegan-friendly food in New York and Los Angeles

15 August 2024
Andreessen Horowitz's office in San Francisco. The venture capital firm's office in Japan will be its first in Asia. (Photo by Ryotaro Yamada)
Startups

Andreessen Horowitz to open Japan office for funding startups

Japan emerging as alternative to riskier China and higher-rate, tighter U.S.

15 August 2024
A policeman stands guard in front of  the headquarters of the ruling Liberal Democratic Party in Tokyo. The LDP will select a new leader next month.
Japan's leadership race

Japan's ruling LDP to vote on Kishida successor: 5 things to know

With prime minister stepping down, how will party select his replacement?

15 August 2024
A barrier blocks access to a beach on Aug. 14 due to the Nankai Trough megaquake advisory. The alert impacted some tourism-related businesses during the summer holiday season. (Photo by Yo Inoue)
Natural disasters

Japan's megaquake alert ends amid no major new seismic activity

Weeklong advisory has been lifted, but government urges public to remain vigilant

15 August 2024
Stream article image
Announcements

Nikkei 225 to alter price-adjustment factor for Takashimaya

Change to take effect on Aug. 29, reflecting company's planned stock split

15 August 2024
Japan's GDP expanded in the second quarter of this year following a contraction in the previous three months. (Photo by Yo Inoue)
Economy

Japan's Q2 GDP grows annualized 3.1% as consumption rises

Economy rebounds from revised 2.3% contraction in January-March quarter

15 August 2024
CEO Toru Nishikawa of Preferred Networks says he want to courts oversea investors. (Photo provided by the company)
Artificial intelligence

Japan's AI unicorn Preferred Networks to court first overseas investors

Company, partners working to beat Nvidia with next-generation AI accelerator by 2027

15 August 2024
Fumio Kishida's plan to raise defense spending -- one of his signature initiatives -- was slated to be covered by tax hikes, but the government has yet to set a start date for them. (Photos by Shinya Sawai and Wataru Ito)
Japan's leadership race

Japan's Kishida set to depart with defense, climate funding in question

PM's successor faces fitting birth rate, chip commitments into budget as well

15 August 2024
Meiji Yasuda, headquartered in Tokyo, has focused heavily on the U.S. since acquiring StanCorp Financial in 2016. (Photo by Akira Kodaka)
Insurance

Japan's Meiji Yasuda boosts U.S. strategy with Allstate unit deal

With little room to grow at home, insurers turn to world's largest market

15 August 2024
Iseki looks overseas as the domestic market for farm equipment shrinks.
Companies

Indonesia to produce 90% of Japan's Iseki farm machines for export

Japanese tractor maker shifts production as domestic demand wanes

15 August 2024
Flags of ASEAN member nations are seen. Japan aims to counter Chinese influence in the region.
Supply Chain

Isuzu, Sojitz to join Japan's ASEAN chip, EV supply chain push

15 companies to receive subsidies to build operations in Philippines, Vietnam, Thailand

15 August 2024
Leaders of Japan's ruling Liberal Democratic Party; (from left to right) Economic Security Minister Sanae Takaichi, former Environment Minister Shinjiro Koizumi, Prime Minister and incumbent party president Fumio Kishida, Digital Minister Taro Kono and former party Secretary-General Shigeru Ishiba. (Nikkei montage/Source photos by Nikkei photographers)
14 August 2024
Japanese Prime Minister Fumio Kishida holds a news conference in Tokyo on Aug. 14 announcing that he will not seek reelection as Liberal Democratic Party president. (Photo by Wataru Ito)
Japan's leadership race

Japan's Kishida to step down as PM after LDP picks new leader

Move to show 'new, changed' ruling party amid persistent low approval ratings

14 August 2024
Mercari has struggled in the U.S. as inflation-hit consumers tighten their purse strings.
Retail

Japan resale app Mercari delivers record profit amid U.S. troubles

China e-commerce platforms like Temu lure away Americans with cheaper products

14 August 2024
Meiji Yasuda unit StanCorp is the sixth-largest U.S. provider of all-employee group disability insurance and ranks 20th for voluntary group policies.
Business deals

Japan's Meiji Yasuda Life to buy Allstate insurance unit for $2bn

Provider looks to bolster group insurance business in the U.S.

14 August 2024
Fanuc is focused on reducing excess inventory instead of building new capacity. (Photo by Hirofumi Hasebe) 
Technology

Japan's Fanuc builds $4bn cash hoard. Is it ready to spend?

Investors watch for next step from robot maker as rivals spend more freely

14 August 2024
For decades in Japan, "leaders" have been understood to be people, usually men, holding management positions at large corporations. (Photo by Satoko Kawasaki)
Opinion

Japan can tap seniors' know-how by redefining leadership

In an inclusive society, you're never too old to contribute

14 August 2024
Seven & i plans to achieve net-zero carbon dioxide emissions in Japan by fiscal 2050. (Photo by Kosuke Imamura) 
Energy

Japan 7-Eleven parent to source renewable power for group stores

Seven & i wants green energy for 40% of electricity at domestic locations in fiscal 2030

14 August 2024
SMFG first agreed to purchase a stake in Jefferies Financial Group in 2021 as part of a strategic partnership.
Finance

Japan's SMFG lifts Jefferies stake to boost investment banking ops

Financial group chases domestic peers in key business segment

14 August 2024
Net profit is expected to fall 1% this fiscal year for companies on the Tokyo Stock Exchange's Prime market. (Photo by Mizuho Miyazaki)
Business trends

Japan Inc. projects 1% net profit dip on yen uptick and U.S. worries

Outlook for fiscal year improves slightly, but slump continues in autos and steel

14 August 2024
The stocks of major exporters Sony Group and Toyota Motor rose 5% and 3.3%, respectively, on the Nikkei average by the end of trading on Tuesday. (Photo by Yutaka Miyaguchi)
Equities

Japan stocks surge 3.5% on return from holiday with weak yen's support

Chip-related companies, major exporters gain in rally

13 August 2024
The Hokuriku Shinkansen extension is now seen costing up to 5.3 trillion yen, more than double the original forecast. (Photo by Yo Inoue)
Transportation

Japan bullet train extension plan under pressure as costs soar

Benefits of project in doubt with price tag seen rising up to $36bn

13 August 2024
A soldier with the Japanese Ground Self-Defense Force takes part in a military drill on the uninhabited Irisuna island close to Okinawa, Japan, in November 2023.
Opinion

Japan must hedge currency risk to avoid defense funding crisis

Biggest military buildup since World War II at risk from fluctuating forex

13 August 2024