May 29 (NHK) - Regional banks in Japan saw unrealized losses surge in fiscal 2022. A new survey says the figure climbed by more than 5 times in yen terms over the previous year as investments sank.
An asset-management advisory firm in Tokyo surveyed 99 regional banks across the country.
It says they had unrealized losses totaling more than 1.9 trillion yen, or about 13 billion dollars.
The losses were in domestic and foreign bonds, as well as mutual funds. ...continue reading
The Tokyo National Tax Agency has listed a Ferrari, seized from a tax delinquent, in a public auction, setting the minimum bid at a record high of over 70 million yen ($467,000).
Two people fell from a mikoshi during an autumn festival in Okayama Prefecture's Asakuchi City on Sunday, leaving a teen male in a critical condition.
A series of robberies linked to 'dark part-time jobs' has led to numerous arrests, with many of the perpetrators confessing that they were coerced into committing crimes due to threats against their families.
A man threw a Molotov cocktail at the headquarters of the Liberal Democratic Party (LDP) and crashed his car into the fence of the Prime Minister’s residence. It has been revealed that several items, including gasoline containers and glass bottles, were seized from the suspect's home.
JR West Japan has announced the development of a special umbrella designed to protect passengers and crew from attackers wielding knives or other weapons, with plans to equip train cars with these umbrellas.
The average price of new condominiums sold in Tokyo's 23 wards surpassed 100 million yen for the second consecutive year in the first half of this fiscal year, reaching an all-time high.
Nearly 60% of listed companies reported that this year’s record-breaking heatwave had a positive impact on their business.
With the weakening yen and growing demand for semiconductors, Japan's manufacturing industry is experiencing a resurgence. New industrial clusters, such as those in Kyushu's 'Silicon Island,' are emerging. However, a shortage of suitable 'industrial land' - land with convenient transportation links and easy access to materials - is becoming increasingly evident.
A theme park in Tochigi Prefecture, Nasu Highland Park, has introduced a high-paying part-time job program called 'Platinum Part-Time Jobs,' offering an hourly wage of 2500 yen, nearly double the regular rate.
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Ajinomoto, the century-old food giant, continues to dominate the market, with annual sales exceeding one trillion yen. Known for its wide range of products, including frozen foods, seasonings, cosmetics, and medical-use amino acids, the company has recently made headlines for its flagship frozen gyoza, which has been a top seller in Japan for two decades.
ANA has revealed its largest automated cargo warehouse at Narita International Airport, set to commence operations next week.
Japan is grappling with a severe sleep deprivation crisis, with economic losses estimated at 18 trillion yen annually due to reduced productivity, according to a study by the RAND Corporation.
