News On Japan

Serious 'labor shortage' in taxi industry

KYOTO - While Kyoto Station is bustling and many tourists wait for a taxi, a shortage of drivers has left more than 50 vehicles in the taxi company's garage, TV Asahi reports.

At the Miyako Taxi Dispatch Center, a taxi company in Kyoto, the phone is ringing constantly requesting rides. However, the operator has to tell passengers, “Right now, there are no available taxis. So please wait."

More than 50 vehicles are left idle every day, and out of the approximately 2,000 vehicle dispatch requests per day, 400, or one-fifth, cannot be handled.

Miyako Taxi President Motoyoshi Tsutsui said, "It's due to the labor shortage. We have the cars, but not enough drivers. If we could hire people, everything would work." The number of drivers, which used to be about 400, has decreased to about 300.

News On Japan
POPULAR NEWS

More than 1,200 vehicles are believed to have been left stranded on roads across Chiba Prefecture after torrential rain caused widespread flooding, with authorities confirming eight deaths and investigating a drainage pump failure at an underpass where a man died.

The death toll from the record-breaking heavy rain in Chiba Prefecture has risen to eight, with one person still missing and damage reported to at least 170 homes as flooding, landslides, water outages and transport disruptions continued on August 14.

Japan's weather agency raised the volcanic alert level for Mount Aso in Kumamoto Prefecture from Level 2 to Level 3 on August 14 after volcanic tremors strengthened and gas emissions increased sharply, warning people to stay away from areas within about 2 kilometers of the Nakadake No. 1 crater.

Typhoon No. 17 was moving east near Minamitorishima on August 14 and is expected to continue weakening before becoming a tropical depression by August 16.

Google opened its first flagship store in Japan in Tokyo's Omotesando district at 2 p.m. on August 13, marking the company's first flagship retail location outside the United States.

MEDIA CHANNELS
         

MORE Business NEWS

Tokyo stocks rose on August 14, with the Nikkei 225 closing at 68,714, up 0.59%, as investors continued buying semiconductor, artificial intelligence and earnings-backed shares, while the broader TOPIX gained 0.51% to 4,197 and reached another record high.

Rakuten Securities held an event for parents and children at the Tokyo Stock Exchange on August 13 to teach families about building assets ahead of the launch of the new Junior NISA program in January 2027.

Google opened its first flagship store in Japan in Tokyo's Omotesando district at 2 p.m. on August 13, marking the company's first flagship retail location outside the United States.

Tokyo stocks rose on August 13, with the Nikkei 225 advancing to 68,601.21, up 1.6%, as semiconductor and artificial intelligence-related shares followed Wall Street higher, while the broader TOPIX climbed to a record high despite continued concern over wholesale inflation, the yen and Bank of Japan rate-hike expectations.

Hiroshi Okuda, a former president of Toyota Motor who helped lay the foundation for the automaker's emergence as one of the world's leading manufacturers, died of old age on August 8 at the age of 93.

Tokyo stocks ended nearly unchanged on August 12, with the Nikkei 225 at 66,988.82, as gains in energy and financial shares offset weakness in electronics and pharmaceuticals while investors weighed higher crude oil prices, a weaker yen and growing expectations for another Bank of Japan rate increase.

Sony Group and Taiwan Semiconductor Manufacturing Co. announced on August 11 that they have formally agreed to jointly produce next-generation image sensors, with total investment expected to reach about 1 trillion yen and mass production scheduled to begin in Kumamoto Prefecture in 2029.

Japan's street-level economic sentiment improved for a third consecutive month in July, supported by sharply hotter weather after the end of the rainy season and the start of the summer vacation period, with stronger sales of products including men's parasols and air conditioners.