Business | Jan 24

Ski resorts in Japan another victim of surging energy costs

Jan 24 (Japan Times) - For a quarter century, the Hachi Kogen Ski Resort in Hyogo Prefecture relied on artificial snow machines to prepare its slopes for the annual season. Not this winter.

The property is among hundreds of ski resorts getting squeezed by surging energy prices, which are forcing some businesses to curb operations. Since powering the energy-intensive snow cannons would have cost Hachi Kogen about ¥40 million ($310,000) — double the price last winter — the resort opted to wait for natural snowfall and opened a few weeks later than normal.

For a global industry already reeling from the impacts of rising global temperatures, higher energy prices are posing another challenge for resorts from Asia to Europe. While Japan has so far escaped a significant falloff in snow and freshly opened borders are luring thousands of foreign visitors to destinations like Niseko and Hakuba, rising costs mean many of the country’s smaller resorts are walking an economic tightrope. ...continue reading


MORE Business NEWS

Four victims of imposter scams have sued the Japan unit of US IT giant Meta for damages, saying the operator of Facebook and Instagram has failed to verify the authenticity of social media ads. (NHK)

Mitsuko Tottori, the first female president of a major airline in Japan, discusses her strategies for promoting diversity within Japan Airlines during a recent interview.

The inaugural meeting of a national expert panel focused on mass-producing hydrogen fuel cell trains, viewed as viable alternatives to diesel engines in rural areas, was held recently, as part of the initiative to achieving carbon neutrality by 2050.

POPULAR NEWS

Japanese company Smile-Up, the former talent agency known as Johnny & Associates, says it has sent a letter of protest to Britain's public broadcaster BBC over its program on sexual abuse by its late founder. (NHK)

A private organization has revealed that approximately 40% of the national municipalities, totaling 744, could potentially disappear by 2050 due to declining populations.

Youngsters in Japan are enthusiastically embracing the world of cosmetics, with a recent survey reporting some 60% of elementary students own some form of makeup.

Major American IT companies like Microsoft and Oracle have announced substantial investments totalling 4 trillion yen ($26 billion) in data centers in Japan, sparking concerns about digital sovereignty and AI development.

A former host admitted to knowingly receiving approximately 25 million yen that had been deceitfully obtained by convicted scammer "Riri-chan," in a trial held on April 23.

FOLLOW US