News On Japan
Business | 4

Nintendo revealed on May 7 that it plans to announce a new gaming console, the successor to the Nintendo Switch, within this fiscal year.

The cherished supermarket, Ito-Yokado, has closed its doors in Fukushima, bringing its 39-year history to a close.

For all Japanese businesses, safeguarding the health and safety of employees should be an absolute top priority.

According to Teikoku Databank, there were ten steakhouse bankruptcies in the 2023 fiscal year, five times the previous year's count, marking a record high.

Daihatsu Motor has resumed production at its headquarters plant, which had been suspended due to irregularities in certification testing. With this, all of Daihatsu's domestic plants are now operational.

The price of seaweed, commonly used in rice balls, has been rising, impacting the availability of onigiri in convenience stores.

A Japanese sake brewery behind the Japanese sake brand "BON," plans to release vintage sake aged for over 10 years around autumn 2024. By aging their sake and labelling it as vintage, the company aims to enhance its rarity and add value.

Mitsubishi UFJ Morgan Stanley Securities claimed the leading position in advising Japan-related M&A transactions for the January to March 2024 period, with a total value of approximately US$13 billion, according to data from the London Stock Exchange Group (LSEG).