Jun 18 (the-japan-news.com) - Japan Post Holdings Co. is likely to drop a plan to acquire Nomura Real Estate Holdings Inc., as its price is expected to be higher than initially estimated, informed sources said Saturday.
After the acquisition plan came to light last month, Nomura Real Estate shares surged on the Tokyo Stock Exchange, boosting potential acquisition costs.
Another miscalculation was Nomura Real Estate's opposition to the envisioned deal.
Source: ANNnewsCH
Hydrogen, anticipated as the next-generation automotive fuel, is seeing accelerated efforts for its real-world implementation. Toyota Motor Corporation unveiled its first hybrid vehicle that combines a hydrogen-powered engine and an electric motor, announcing plans to conduct on-road tests starting next spring.
Former Hyogo Governor Motohiko Saito has secured re-election following the gubernatorial election triggered by his resignation.
Education groups in Japan representing 23 organizations issued an urgent statement criticizing a proposal from the Ministry of Finance to gradually raise the 'teaching adjustment allowance' to 10% as part of work reform measures. The proposal was deemed 'unrealistic,' sparking opposition from educators.
A Ferrari seized from a tax delinquent was auctioned by the Tokyo Regional Taxation Bureau, fetching over 170 million yen, the highest bid ever recorded for such an auction.
Zao’s iconic snow monsters, the frost-covered trees known as 'juhyo,' face an existential threat. These towering, snow-laden trees have long been a winter highlight in the region, famously resembling monstrous figures covered in snow. However, their survival is now under severe threat.
A British man has been arrested on suspicion of swapping genuine cash for counterfeit money in a gold trade scam, stealing 13 million yen from a business partner, Tokyo police revealed.
In Japan, the number of abandoned homes - known as Akiyas - is at an all-time high, with 9,000,000 million properties sitting empty on city streets and turning rural communities into ghost towns. (BBC World Service)
Nuisance streamers and content creators have been using Japan as a background for their social media feeds for awhile now. But now the Japanese are finally getting fed up and actually going after them over their disruptions. (Decoy Voice)
This year's Ramon Magsaysay Award has been granted to Japanese animation master Miyazaki Hayao. The award, known as "Asia's Nobel Prize," is annually given to individuals and organizations who have contributed to peace and development in Asia. (NHK)
A series of farewell rites and events has begun for Japan's Princess Mikasa, who passed away on Friday. She was the widow of Prince Mikasa, a younger brother of the late Emperor Showa. (NHK)
Japan's Princess Mikasa, whose given name is Yuriko, passed away at the age of 101. The princess was the widow of Prince Mikasa, a younger brother of the late Emperor Showa. (NHK)
An hour long documentary looking at the life of the Sugiura family, fish merchants and caterers living in Tokyo. Producer, director, John Nathan Explores the professional and personal lives of a Japanese family, Takes a look at the everyday life of a Japanese family living in Tokyo. (TRNGL)
The number of single-person households in Japan is expected to surpass 40% by 2050, according to recent projections.
