Prime Minister Fumio Kishida marks his 1,000th day in office on June 29. (Source photos by Nikkei)
Politics

Japan's Kishida reaches 1,000 days in office, marred by 3 setbacks

Prime minister's rating hit by Unification Church, tax cut and fundraising woes

29 June 2024
A Lexus plant in Kyushu, Japan. Toyota is one of the automakers hit by an inspection scandal. (Photo by Toshiki Sasazu)
Economy

Japan industrial production disrupted by Daihatsu, Toyota woes

Stoppages in auto industry continue to weigh heavily on economy, data shows

29 June 2024
Imported foods such as U.S. beef for gyudon beef bowls, center, are becoming more expensive for Japan's companies and consumers. (Source photos by Nikkei)
Currencies

Yen's purchasing power hits all-time low, at one-third of peak

Japanese households see annual costs rise $560 on costlier food and energy

29 June 2024
Mazda Motor and Yamaha Motor are two of five companies that had models found to be affected by compliance irregularities. (Source photos by Nikkei)
Automobiles

Mazda, Yamaha to restart shipments of 3 models after testing scandal

Transport ministry found no safety problems with the vehicles

29 June 2024
ANA and JAL announced their joint policy to tackle abusive behavior by customers on June 28. (Photo by Yuichi Shiga)
Transportation

Japan's ANA and JAL team up against abusive behavior by passengers

Industry leaders formulate basic policy by defining 'customer harassment'

28 June 2024
In all,106 investors in Japan have now filed suit against Mitsubishi UFJ Morgan Stanley Securities over the broker's sale of Credit Suisse AT1 bonds. (Photo by Yutaka Miyaguchi)
Finance

Plaintiffs exceed 100 in suits against MUFG over Credit Suisse bonds

Investors still stewing more than a year after a bank rescue wiped them out

28 June 2024
Japan's health ministry will investigate the relationship between the deaths and the red yeast rice product. (Photo by Koji Uema)
Pharmaceuticals

Japan's Kobayashi Pharma reveals 76 more deaths possibly linked to supplement

Health minister vows action as suspected fatalities jump from previously reported five

28 June 2024
Atsushi Mimura is set to take over as Japan's top currency diplomat at the end of July. (Photo by Uichiro Kasai)
Currencies

Japan appoints Atsushi Mimura as top currency diplomat as yen falls

Director-general of international bureau will replace Masato Kanda on July 31

28 June 2024
Segantii, a hedge fund facing accusations of insider trading in Hong Kong, had $4.8 billion in assets under management as of March, and 151 employees. (Source Photos by Echo Wong and Reuters)
Markets

'Block trade king' goes to court in Hong Kong: 5 things to know

Hedge fund Segantii reportedly shutting down, faces insider trading claim

28 June 2024
Japanese self-driving startup Turing is developing its own AI chips as no existing options meet its needs. (Source photos by Rie Ishii and Turing)
Semiconductors

Japan's auto industry has an AI chip problem, says self-driving startup

Turing's chip chief cites high prices and heavy reliance on overseas tech

28 June 2024
Citadel founder Kenneth Griffin said in an interview last year that it's a "very exciting time" to get into the Japanese market.
Business deals

Ken Griffin's Citadel to acquire energy trader in first Japan deal

Purchase spearheaded by U.S. hedge fund's commodities business

28 June 2024
Berkshire Hathaway Chairman Warren Buffett has been bullish on Japan's trading houses.
Interview

Buffett-backed Itochu aims to build on Berkshire clothing tie-up

Fruit of the Loom deal a 'sign' of confidence in trading house, CFO says

28 June 2024
Sharp's earnings announcement in May attended by President Robert Wu, center, and Executive Vice President Masahiro Okitsu, right.  (Photo by Konosuke Urata)
Electronics

Sharp's president steps down after 2 years of losses and missteps

Robert Wu's tenure marked by LCD plant shutdown and discord with parent Foxconn

28 June 2024
AI-related power demand has fueled Hitachi's grid business. (Hitachi)
Companies

Hitachi tops Sony in market cap, lifted by AI stock fervor

Company's grid business cashes in on power demand from data centers

28 June 2024
The weak yen has led Japan's retail investors to turn their sights abroad. (Photo by Nikkei)
Finance

Japan households ramp up overseas investments, weighing down yen

Total assets top $13tn on strong stock prices and revamped NISA program

28 June 2024
From left, Japanese Economy, Trade and Industry Minister Ken Saito, U.S. Commerce Secretary Gina Raimondo, and South Korean Trade, Industry and Energy Minister Ahn Duk-geun in Washington on June 26. (Photo by Shunsuke Ushigome)
International relations

U.S. and Japan face disconnect over further China chip controls

Trilateral with South Korea produces agreement on supply chain cooperation

28 June 2024
Combatting the spread of fake news has become a hot topic in the global diplomatic community.
International relations

U.S., Japan, Philippines join to battle disinformation

Experts to discuss responses against campaigns linked to China, Russia

28 June 2024
The Japanese government is thought to have spent around 8 trillion yen ($49.9 billion) in total in late April and early May to halt the yen’s decline. (Photo by Yuji Murakami)
Currencies

Analysts expect next Japan forex intervention around 165

Tokyo awaiting May U.S. inflation data on Friday: Mizuho

27 June 2024
"We will firmly respond to moves that are too rapid or driven by speculators," Japan's top currency diplomat, Masato Kanda, said on June 24. (Photo by Suzu Takahashi)
Currencies

Yen slides under 160 to lowest level since 1986; Japan stocks fall

Drop stokes expectations for government and BOJ to step in again

27 June 2024
Japanese Prime Minister Fumio Kishida's current term at the helm of the ruling Liberal Democratic Party ends in September. (Photo by Yutaka Miyaguchi)
Economy

Kishidanomics market reforms earn high marks from Japan watchers

PM seen lagging on structural reforms and fiscal health as political pressure mounts

27 June 2024
Toyo Securities has been strong in Chinese stocks, but that business has been hurt by the recession in that country.  (Photo by Taizo Wada)
Finance

Japan's Toyo Securities president ousted by activist investors

Shareholders' calls for improved earnings are getting louder

27 June 2024
 U.S. Steel shareholders have already approved the sale of the company to Nippon Steel, but the transaction is on hold while government agencies reviews the deal.
Opinion

Nippon Steel deal shows Japan Inc. has to rethink overseas M&A

Sociopolitical factors must be key considerations in investment decision-making

27 June 2024
Women occupy a disproportionately small share of managerial posts in Japan. (Photo by Nanami Sato)
Work

Japan to require companies to report on women in management

Disclosure rule aims to tackle persistent gender gap

27 June 2024
Christophe Weber has been president of Takeda Pharmaceuticals for a decade after becoming the first foreign-born head of the Japanese drugmaker. (Source photos by Nikkei)
Pharmaceuticals

Takeda draws investor scrutiny for CEO's $93m 10-year payout

Japan pharma maker underperformed under Weber, critics say

27 June 2024
From left: Queen Camilla, Empress Masako, Emperor Naruhito and King Charles III pose for cameras during the Japanese imperial family's state visit to the U.K.
27 June 2024