News On Japan

What does the future hold for Japan's railways after 150 years of service?

TOKYO, Nov 29 (weforum.org) - 2022 marks the 150th anniversary of Japan's railway system, which began service between Shimbashi and Yokohama in 1872.

After the Meiji Restoration, Japan urgently needed to establish a transportation network to transform the country into a modern nation. The development of railways that could carry more people and goods, faster, and farther, was of great significance. Since Japan did not have railway technology at that time, Edmund Morrell and other British engineers took the lead in the construction of Japan's railways. Their contributions led to the creation of a government-owned railway in Japan just five years after the Meiji Restoration. Since then, railways have influenced and changed the lives of the Japanese people in many ways.

Among various transportation infrastructures, the railway network, with its efficient transportation, strongly supported Japan's economic development. And, because railways have overwhelmingly high kinetic energy efficiency, they have extremely low environmental impact compared to automobiles.

In 2019, Japan's CO2 emissions totalled 1.108 billion tons. Of that, the transportation sector contributed 206 million tons of CO2 emissions, accounting for 18.6% of all emissions nationwide. Breaking down the transportation sector emissions, 86.1% come from all vehicles, 5.1% from aviation, 5.0% from coastal shipping and only 3.8% from railways. ...continue reading

News On Japan
POPULAR NEWS

The Osaka-Kansai Expo is three months away and challenges remain in areas such as pavilion construction and ticket sales.

Cedar pollen dispersal in Tokyo began on January 8th, marking the earliest start since monitoring began in 1985, according to the Tokyo Metropolitan Government.

The Japan Foundation has announced a joint research project with a UK research group to investigate the mysterious oxygen produced in the lightless depths of the ocean, known as 'dark oxygen,' which forms through methods other than photosynthesis.

Nintendo announced on January 16th that it will release the successor to the Nintendo Switch, the Nintendo Switch 2, sometime in 2025.

An avalanche occurred near a ski resort in Ajigasawa, Aomori Prefecture, involving 13 people, mostly foreign tourists. All were safely evacuated, with one person sustaining minor injuries.

MEDIA CHANNELS
         

MORE Business NEWS

Fallout continues from a scandal involving a woman and popular TV personality Nakai Masahiro, who is best known as a former member of the disbanded pop idol group, SMAP. (NHK)

The Ministry of Health, Labour and Welfare announced on January 17th that the average agreed amount for last year's winter bonuses at major private companies reached 891,460 yen, an increase of 4.93% compared to the previous year. This marks the first record high in five years, surpassing the previous peak set in 2019.

Corporate bankruptcies in Japan rose for the third straight year in 2024. It is the highest number since 2013. Rising prices and labor shortages were to blame in many cases. (NHK)

Kobe is set to become the first city in Japan to consider imposing a tax on vacant units in high-rise condominiums. Mayor Hisamoto expressed strong support for the measure, stressing that the city will avoid repeating the situation seen in Tokyo’s Harumi Flag development.

Japan’s largest non-life insurer, Tokio Marine & Nichido Fire Insurance, has decided to raise the starting salary for university graduates joining the company in April next year. The salary for general positions will increase from approximately 280,000 yen to a maximum of about 410,000 yen.

The deadline for the U.S. presidential order, which demanded the termination of Nippon Steel’s planned acquisition of U.S. Steel within 30 days, has been extended.

Japanese automakers reported last year’s new car sales in China, revealing a year-on-year decline across all three major manufacturers. In response, they are working to restructure operations and strengthen their market strategies.

Fast Retailing, the operator of Uniqlo and other brands, has announced plans to raise its starting salary to 330,000 yen.