News On Japan

Update the system: Japan’s Generational Divide

May 21 (Coinbase) - According to the Japan Policy Council, 869 municipalities—nearly half of Japan’s total—are at risk of vanishing by 2040. Can web3 NFTs digitize important historic traditions, so they have the chance to live on in web3 forever?

News On Japan
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The Bank of Japan (BOJ) has decided to raise its policy interest rate from an annualized 0.25 percent to 0.5 percent. This marks the first rate hike in six months and appears aimed at correcting the historically weak yen.

Japan is facing an unprecedented rice shortage, with recent data highlighting alarming supply-demand imbalances in the domestic market. The Agricultural Newspaper reported on January 10 that the DI (Demand-Supply Index), a measure of rice market balance, reached a record high of 80. This figure indicates a critical shortfall in rice availability, surpassing even last year's levels when supermarket shelves were emptied.

The resignation of popular television personality Masahiro Nakai has sent shockwaves through the Japanese entertainment industry. Announced through his agency’s website, Nakai apologized, stating, “I’m truly sorry for this sudden farewell.” His decision to retire has sparked debates over whether this marks the conclusion of ongoing controversies surrounding him and the television networks involved.

Former executives of the Sunshine Aquarium in Ikebukuro, Tokyo, including a former director and three others, have been referred to prosecutors on suspicion of fraudulently receiving management fees by misreporting the number of endangered turtles in their care.

Three people were attacked near JR Nagano Station at around 8 p.m., leaving a man in his 40s in a state of cardiopulmonary arrest and two others hospitalized.

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MORE Sci-Tech NEWS

Kyoto University has made a groundbreaking discovery, identifying the occurrence of the so-called "urination mimicry" phenomenon in chimpanzees for the first time globally.

Satoshi Nakagawa, CEO of Tripod Design, has pioneered a groundbreaking technology called "micro energy harvesting," which collects minuscule amounts of electricity from a wide range of everyday materials, including soil, bread, water, and even fruits like tomatoes and apples.

A rocket carrying the lunar lander developed by Japanese space venture ispace was successfully launched from the Kennedy Space Center in the United States.

Japan Airlines has unveiled an aircraft featuring a sharkskin-like coating. By reducing air resistance with this special surface texture, the airline expects to cut fuel consumption by approximately 119 tons per aircraft annually and reduce carbon dioxide emissions by around 381 tons.

2025 marks the start of the 7th year of Reiwa, the 37th year of Heisei, and even the 100th year of Showa. The new year begins with two major celestial events in January—a striking meteor shower and Mars making a close approach to Earth, remaining visible throughout the night.

Japan is known for its fast internet, tech-savvy culture, and open online environment. Unlike some countries, Japan doesn’t enforce strict censorship or impose significant restrictions on internet access.

Influenza infections in Tokyo have reached alarm levels for the first time in six years. As the virus spreads, restaurants and hotels are struggling with a surge in last-minute cancellations during their peak earning season.

The Japanese entertainment sector has exerted a powerful influence on different aspects of global trends for the past few decades.