News On Japan
Business | 5

Japan's Sumitomo Mitsui Financial Group says it will leave an international group that fights climate change. It is the first Japanese company to do so. (NHK)

The Japan Financial Services Agency (FSA) and PDT Partners have officially signed an agreement, with Masaki Suzuki and an FSA representative jointly signing the deal. The partnership will focus on financial regulation, capital operations, technological innovation, and corporate social responsibility, aiming to enhance market transparency and drive internationalization.

Japan has agreed to invest up to 20 billion dollars in low-carbon energy projects in Vietnam. This comes amid a regional push to reach carbon neutrality in the coming decades.

U.S. President Donald Trump on March 3rd voiced concern over the depreciation of the yen, stating that the weakening yen and strengthening dollar had gone too far.

Honda and Nissan had been in discussions about a potential management integration, aiming to form a joint holding company that would oversee both automakers. However, the talks have collapsed, leaving many questioning what went wrong.

A new series of homes designed with families in mind is now available, featuring expansive storage spaces to accommodate modern lifestyles.

The city of Nagoya has announced plans to demolish the Asunal Kanayama shopping complex by February 2028 and construct a new multi-purpose facility in its place. The redevelopment project will also include renovations to nearby parks and the city’s civic hall, aiming to revitalize the entire Kanayama district.

The world’s largest Muji store has opened in Kashihara, Nara Prefecture, boasting a retail space of approximately 8,000 square meters and offering a diverse range of products spanning clothing, food, and home goods.