News On Japan

Rakuten Bank jumps 33 percent after Japan’s largest IPO since 2018

TOKYO, Apr 21 (straitstimes.comstr) - Rakuten Bank surged 33 percent in its debut in Tokyo on Friday following Japan's largest initial public offering (IPO) since 2018.

Its shares traded as high as 1,856 yen apiece. The banking unit of billionaire Hiroshi Mikitani's Rakuten Group raised about 83.3 billion yen (S$829 million) selling the shares.

They were priced at 1,400 yen each, the top of a target range that was lowered earlier in the offering process. ...continue reading

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Japan's Meteorological Agency has changed its heavy rain emergency warning for parts of Ishikawa to a warning. But it is still urging people to stay alert for possible floods and landslides in the central prefecture. (NHK)

Shohei Ohtani returned to Dodger Stadium in spectacular fashion, hitting a home run and stealing a base in his first game back, raising his season total to 52 home runs and 52 stolen bases.

Japanese Prime Minister Kishida Fumio says Japan and China have reached an agreement that will lead to the resumption of China's imports of Japanese seafood. (NHK)

The Tohoku Shinkansen came to a halt for five hours on Thursday due to an unexpected mid-journey separation of the linked Hayabusa and Komachi trains, 30 minutes after passing Furukawa Station with a total of 320 passengers on board.

The Japan Meteorological Agency has issued an eruption alert for Sumisu Island in the Izu Islands, following the detection of discolored water in July.

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The Tokyo Stock Exchange announced on Friday that it has approved the initial public offering (IPO) of Tokyo Metro on the TSE Prime Market. The planned listing date is October 23.

Daihatsu Motor announced on Friday that it has filed a recall with the Ministry of Land, Infrastructure, Transport, and Tourism for 1.71 million vehicles, including 15 models such as the Tanto, due to improper tightening of seat bolts.

The average price of a newly built condominium in Tokyo’s 23 wards has exceeded 100 million yen for the fourth consecutive month.

The village of Onna in Okinawa has recorded the highest land price increase in Japan, with prices for some areas rising by 29%. The average nationwide land price has increased by 1.4% for the third consecutive year, but the sharpest growth is seen in residential areas like Onna Village.

Land prices across Japan have been rising for four consecutive years, with North Kanto emerging as a key area of interest due to its favorable living conditions.

Sharp, a major home appliance manufacturer, has unveiled its first electric vehicle (EV) as part of its move into the electric vehicle market, with a five-seater 'extended livingroom' EV Sharp van.

Gold is gaining increasing attention as a stable asset. Among the most eye-catching items at a gold exhibition held in a Sapporo department store are statues of the genius surgeon Black Jack and his assistant Pinoko, both made of gold.

There are approximately 2 million visually impaired individuals in Japan and 300 million worldwide. Due to their impaired vision, going out often comes with the risk of accidents. In response to this issue, Honda's first startup Asirase, led by CEO Chino, developed a navigation device called 'Ashirase' to assist visually impaired individuals in walking safely.