Analog Japan sinks to record low in global digital ranking

Sep 29, 2022 | News On Japan

TOKYO - Japan has hit a new bottom in terms of global digital competitiveness, according to an annual ranking released Wednesday, underscoring the country's difficulty in modernizing public- and private-sector systems.

In the latest World Digital Competitiveness Ranking, published by Switzerland's Institute for Management Development (IMD), Japan placed 29th out of 63 economies, sliding one notch from last year to its worst place since the rankings began in 2017.

Japan continues to lag behind Asian economies Singapore (fourth), South Korea (eighth), Hong Kong (ninth), Taiwan (11th) and China (17th) in the rankings.

The ranking grades an economy based on knowledge, technology and future readiness. Japan suffered the most attrition in the knowledge category, dropping three spots from last year to 28th place.

Fueling this outcome is a dearth of personnel, digital skills and international experience. Japan will be short 450,000 information technology professionals in 2030, according to an estimate by the Ministry of Economy, Trade and Industry. ...continue reading

Fire Destroys Historic Arima Inari Shrine

A fire broke out at Arima Inari Shrine near the Arima Onsen hot spring resort area in Kobe on the night of June 9th, destroying multiple buildings and leaving an elderly Shinto priest and his wife with minor injuries.

Japan Ranks Last Among OECD Countries in Sleep

Japan, which records the shortest average sleep duration among OECD countries, is launching new efforts to tackle widespread sleep deprivation, including the opening of specialized sleep disorder departments and programs aimed at improving children's sleep habits through sports and physical activity.

Japan National Team Holds First Training Session in Nashville

Japan's national soccer team arrived in Nashville, Tennessee, on June 8th from Monterrey, Mexico, where it had been conducting a pre-World Cup training camp, and held its first practice session at its base camp for the FIFA World Cup in North America.

Sakurajima Eruption Blankets Kagoshima in Volcanic Ash

A prolonged eruption at Sakurajima on June 7th blanketed parts of Kagoshima City in volcanic ash, turning roads gray and prompting long lines of vehicles seeking car washes after a plume of smoke rose 1,300 meters above the crater.

Japan Lifts Tsunami Advisories After Philippines Quake

A powerful earthquake struck off Mindanao Island in the southern Philippines at 8:38 a.m. (Japan time) on June 8th, generating tsunami waves across parts of the Pacific, causing building collapses and casualties near the epicenter, and prompting the Japan Meteorological Agency to issue tsunami advisories along a wide stretch of Japan's Pacific coastline before lifting all of them at 4:50 p.m.

MEDIA CHANNELS

MORE Business NEWS

Bank of Japan Poised to Raise Rates to 1.0% as Inflation Risks Mount

The Bank of Japan is increasingly expected to raise its policy interest rate to 1.0% at next week's monetary policy meeting, responding to growing concerns that inflation could rise faster than previously anticipated due to soaring oil prices and other cost pressures.

Japan's Restaurants Struggle Under Inflation and Labor Shortages

The number of restaurant bankruptcies in Japan reached a record high for the January–May period, highlighting mounting pressures from rising costs, labor shortages, and increasingly cautious consumer spending.

Inside Casio’s Secret Project to Revive Its Manufacturing Spirit

Casio Computer, the company behind some of Japan’s most iconic consumer electronics including calculators, digital cameras, electronic musical instruments, and the G-SHOCK watch, is pursuing a new strategy aimed at reviving its tradition of product innovation.

Nippon Steel to Invest 400 Billion Yen in U.S. Steel Plant Expansion

Nippon Steel plans to invest up to $2.5 billion, or approximately 400 billion yen, over the next three years in the Mon Valley Works steel complex in Pennsylvania, one of the key facilities operated by U.S. Steel, the American steelmaker it acquired in 2025.

Japan Revises Q1 GDP Growth Down to 1.8% on Weak Capital Investment

Japan's economy grew at an annualized rate of 1.8% in the January–March quarter of 2026, according to revised gross domestic product (GDP) data released by the Cabinet Office, with the figure marked down from the preliminary estimate due largely to weaker-than-expected capital investment.

Tokyo Stocks Suffer Fifth-Largest Drop as Tech Sell-Off Deepens

Japanese stocks suffered a sharp sell-off on June 8th as weakness in U.S. technology shares and growing concerns over higher global interest rates triggered widespread selling, sending the Nikkei Stock Average down 2,563.52 points, or about 3.8%, to close at 64,024.60.

Japan's Current Account Surplus Rises 64.9% in April on Strong Exports

Japan's current account surplus expanded 64.9% from a year earlier to 3.9078 trillion yen in April, marking the 15th consecutive month of positive balance, according to balance of payments data released by the Finance Ministry on June 8th.

Former BOJ Governor Kuroda Says Wages Are Outpacing Prices

Rapid inflation and the weakening yen continue to squeeze household budgets across Japan, prompting renewed debate over the country's economic policies. Former Bank of Japan Governor Haruhiko Kuroda, who spearheaded the central bank's aggressive monetary easing campaign under Abenomics, argues that the overall economy remains on a positive trajectory and that wage growth is now exceeding inflation.

< 2 3 4 5 >