News On Japan

Construction of Japan's tallest skyscraper begins near Tokyo Station

TOKYO, Oct 01 (Kyodo) - Construction of a new skyscraper, set to be Japan's tallest building with a height of about 390 meters, has begun near Tokyo Station, developer Mitsubishi Estate Co. said.

The Torch Tower, expected to be completed in March 2028, will surpass the 330-meter Azabudai Hills Mori JP Tower, currently the tallest building in the country located in Tokyo's Minato Ward.

The construction is part of Mitsubishi Estate's redevelopment project covering a 3.1-hectare area near Tokyo Station. The Japanese company has already built the 212-meter-high Tokiwabashi Tower in the area. ...continue reading

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A professional women’s golf tournament scheduled to begin on July 17th in Miyagi Prefecture was canceled after a bear was spotted on the course, as bear-related incidents continue to mount in northern Japan.

For the first time in 27 years, since the 118th prize in 1998, both the Akutagawa Prize and Naoki Prize were left without a recipient, marking only the sixth instance in the prize’s history that such a decision has been made.

A host club operator in Nagoya has been arrested for allegedly threatening a female customer at her home in an attempt to collect about 1 million yen in unpaid club bills. This marks the first such arrest in Japan following the enforcement of revised regulations on the adult entertainment industry.

Nissan Motor announced on the evening of July 15th that it will end vehicle production at its key Oppama Plant in Yokosuka, Kanagawa Prefecture, by the end of fiscal 2027. Company President Ivan Espinosa held a press conference at 5 p.m. to explain the decision.

About 300 railway enthusiasts gathered near JR Ōmiya Station in Saitama City around 3 a.m. on July 13th, creating chaos that escalated to the point of police intervention.

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Nissan Motor announced on the evening of July 15th that it will end vehicle production at its key Oppama Plant in Yokosuka, Kanagawa Prefecture, by the end of fiscal 2027. Company President Ivan Espinosa held a press conference at 5 p.m. to explain the decision.

A key gauge of long-term interest rates temporarily rose to 1.595 percent, marking the highest level in nearly 17 years since the aftermath of the Lehman Brothers collapse.

A major farming corporation based in eastern Japan, Butai Farm, known for using robotics to grow lettuce and supplying pre-cut vegetables to 7-Eleven stores, has announced a new strategy to promote agriculture that can compete in Asian markets.

A recent survey by the Japan Association of Corporate Executives (Keizai Doyukai) has revealed that business leaders view wage hikes as the most effective policy response to rising prices, ahead of the July House of Councillors election. The findings reflect growing concern among corporate executives about the impact of inflation outpacing wage growth, and highlight a preference for structural solutions over short-term subsidies.

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Suzuki has announced plans to release its first-ever electric vehicle, the e-Vitara, in Japan within the current fiscal year. The model will also be introduced in Europe and India.

A first-generation Hermes Birkin bag has been sold at a Paris auction for approximately 1.47 billion yen, marking the highest price ever paid for a handbag. The winning bidder was a Japanese collector, and the sale was held by Sotheby’s.

Rakuten Group has filed a lawsuit against the Japanese government, claiming that the Ministry of Internal Affairs and Communications' decision to effectively ban reward points from the furusato nozei (hometown tax donation program) starting in October is unlawful.