News On Japan

Toyota limits orders for Lexus in Japan due to chip shortage

NAGOYA, Jan 18 (Nikkei) - Toyota Motor is limiting orders of its Lexus luxury car in Japan, Nikkei has learned.

As the shortage of components, including in-vehicle semiconductors, is expected to continue through 2023, the company has set a cap on the number of orders allocated to each dealership.

A system to share information on delivery dates up to two years in advance with dealers will be installed this spring to ensure stable shipments of orders. The order limit may lead to lost sales opportunities, making it imperative to rebuild the supply network. ...continue reading

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An opening ceremony was held Saturday for the Japan Pavilion at the Osaka-Kansai Expo. As the host country's main exhibit, the pavilion is positioned as the symbolic "face" of the Expo, welcoming visitors from around the world with a presentation of Japan's culture of circularity.

Japan’s beloved seafood is now in crisis. Compared to five years ago, catches of Pacific saury have dropped by 80%, Japanese flying squid by 55.5%, mackerel by 50%, and yellowtail by 13%. What is happening in the waters around Japan? Here's a detailed explanation.

With only 17 days until the Osaka-Kansai Expo opens, excitement is building as pavilion details continue to be announced, including features from the Japan Gas Association and exhibits showcasing Australia’s natural environment and interactive energy games.

Foreign tourists in Japan are showering praise on local tourist information centers for their warm and detailed support—sometimes even considered 'overly helpful.' These centers assist visitors with everything from translation hiccups and complex train transfers to finding hidden scenic spots, cultural experiences, and rental services.

The Trump administration announced on March 26th that it will impose an additional 25% tariff on imported automobiles and key auto parts. According to the proclamation signed by President Trump, the tariffs are set to take effect on April 3rd and will apply to all imported vehicles, including those from Japan.

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Fuji Television announced a sweeping overhaul of its management structure on March 27th, including the retirement of longtime executive Hisashi Hieda, who served on the board for 41 years.

The Trump administration announced on March 26th that it will impose an additional 25% tariff on imported automobiles and key auto parts. According to the proclamation signed by President Trump, the tariffs are set to take effect on April 3rd and will apply to all imported vehicles, including those from Japan.

Rapidus, a company aiming to domestically produce next-generation semiconductors, plans to begin operating its prototype line for advanced chips in April. The company is accelerating development of 2-nanometer-class semiconductors, expected to be used in artificial intelligence (AI) applications.

A luxury tower apartment under construction in Grand Green Osaka, located in front of Osaka Station, has drawn attention for its record-setting price tag of 2.5 billion yen. The media was recently granted first access to a completed unit inside the building.

Japan’s economy, long characterized by stagnation and deflation, is now showing signs of a potential revival.

Once a pioneering force in Japan’s convenience store sector, 7-Eleven is now facing a clear slowdown. Although the company introduced many groundbreaking services over the years—such as hot oden by the register and in-store ATMs—it has failed to produce a major hit in over a decade.

Meitetsu announced on March 24th its long-term redevelopment plan for the area in front of Nagoya Station, which includes the construction of two new skyscrapers matching the height of the iconic Spiral Towers in nearby Sasashima.

Starbucks is replacing its paper straws with biomass plastic straws, beginning a nationwide rollout on March 24th.