News On Japan

Japan fans push internet to breaking point

TOKYO - Abema TV may have to restrict access to Japan’s World Cup game at midnight on Monday local time, as runaway demand is pushing the streaming service to its limits.

Viewers were advised over the weekend that admission to watch the Japan-Croatia match may be restricted in order to ensure a stable service.

Abema holds the streaming rights to the Qatar tournament in Japan, and the national team’s unexpected progress out of the group stage has triggered a wave of interest and support.

The youth-oriented streaming network hit a new usage high on Friday after Japan’s game against Spain, which was broadcast at 4 am locally, Susumu Fujita, president of parent company CyberAgent Inc, said on Twitter.

Tokyo-based CyberAgent is better known for its portfolio of video games, such as Uma Musume, which helped drive the stock to a record high amid the pandemic.

It may have spent as much as 20 billion yen (US$150 million) on securing the World Cup streaming rights for Abema, according to Jefferies analyst Hiroko Sato. ...continue reading

News On Japan
POPULAR NEWS

Four typhoons are simultaneously active around Japan in an unusual weather pattern, with a very strong Typhoon No. 18 forecast to approach the Daito Islands on August 25 while warm, humid air associated with the storm fuels sudden thunderstorms from western Japan to the Kanto region.

Lawson plans to cut prices on its main line of onigiri rice balls by 10 yen from September 29 as falling rice prices begin to feed through to retail costs.

Police have established a temporary police post in the whaling town of Taiji, Wakayama Prefecture, ahead of the September 1 opening of the annual drive hunt for whales and dolphins.

A 39-year-old woman from Taiwan has been arrested on suspicion of pouring an oil-like liquid on the national treasure Buddha Footprint Stone at Yakushiji Temple in Nara in April, police said.

Japan executed 58-year-old death row inmate Sunao Takami on August 21 for setting fire to a pachinko parlor in Osaka in 2009, killing five people and injuring 10 others, in the first execution carried out under the Takaichi administration.

MEDIA CHANNELS
         

MORE Business NEWS

Japan's traditional neighborhood public baths are struggling with rising fuel, labor and operating costs, but unlike most businesses they cannot freely raise prices because admission fees remain regulated under a postwar price-control law introduced in 1946.

Tokyo stocks fell on August 24, with the Nikkei 225 closing at 65,528.09, down 488.27 points, or 0.74%, as global bond-yield pressure and caution ahead of Nvidia’s earnings triggered selling in artificial intelligence and semiconductor-related shares, even as the broader TOPIX edged higher.

Suzuki has unveiled a prototype of its first kei-class electric vehicle, the e SKY, which is scheduled to go on sale during the current fiscal year with a driving range of 310 kilometers, among the longest offered by a domestically produced kei EV.

Following the fare revision, a labor union representing taxi drivers in the prefecture and other groups held a news conference calling for the proportion of operating revenue paid to drivers to be raised from its current level to at least 60%.

China's exports of rare-earth magnets to Japan fell by more than half in July from a year earlier, while shipments of tungsten carbide remained at zero for a sixth consecutive month, according to trade data released by Chinese customs authorities.

Japan's nationwide core consumer price index rose 1.8% in July from a year earlier, with the pace of inflation accelerating for a second consecutive month as higher food prices and a rebound in energy costs outweighed a sharp decline in rice prices.

Mitsubishi Electric said on August 20 that it will acquire U.S.-based PCI Energy Solutions, a developer of software used to manage electricity trading and other energy operations, in a deal worth about 220 billion yen, the largest acquisition in the Japanese company's history.

Tokyo stocks rebounded on August 20, with the Nikkei 225 closing at 66,216.79, up 890.37 points, or 1.36%, as gains in U.S. equities, a sharp rally in South Korean semiconductor shares and easing global bond-market stress encouraged investors to buy back Japanese shares after two days of heavy selling.