News On Japan

TSMC plans to produce 6-nm chips in 2nd Japan plant

Japanese government considering subsidies of up to $6bn

TOKYO, Oct 13 (Nikkei) - Top chip foundry Taiwan Semiconductor Manufacturing Co. is planning to produce 6-nanometer chips at its second plant being built in Japan, Nikkei has learned.

The chips will be manufactured in a new facility that TSMC is planning at its Kumamoto site in southwestern Japan. Total investment is estimated at 2 trillion yen ($13.3 billion), with Japan's Ministry of Economy, Trade and Industry considering providing up to around 900 billion yen.

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JR Central and JR West plan to reduce the number of non-reserved seats on the Nozomi Shinkansen, operating on the Tokaido and Sanyo lines, starting next spring, according to sources familiar with the matter.

Gold smuggling into Japan has reached unprecedented levels, with smugglers employing increasingly ingenious methods to evade detection. Customs officials have uncovered gold hidden in wigs, the tips of golf clubs, and even within luggage cart components.

The latest model of Japan’s quasi-zenith satellite system, Michibiki, often referred to as the Japanese version of GPS, has been unveiled.

Digital human technology, set to be featured in a pavilion at the Osaka-Kansai Expo next April, was unveiled by media artist Yoichi Ochiai.

A Japanese researcher behind the development of next-generation 'perovskite solar cells' expressed confidence that the product will be available to the public within two to three years.

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Japan’s airline industry is experiencing a significant boost from record inbound tourism, but rising costs and geopolitical challenges are tempering the financial gains.

Kirin Brewery has announced that it will increase prices on over 200 products, including beer and chuhai, starting in April next year. All three major beer companies will implement price hikes at the same time.

The Japan Fair Trade Commission (JFTC) has launched an on-site investigation into Amazon Japan, alleging that the company forced sellers to lower prices. The investigation will also examine potential involvement by Amazon's U.S. headquarters.

PwC, a leading audit firm, and Takara Printing have announced a collaboration to provide English disclosure support services, including the translation of securities reports. This initiative comes as the Tokyo Stock Exchange plans to mandate companies listed on the Prime Market to disclose financial information in English starting April 2025, aiming to attract overseas investors.

In today’s competitive business environment, time is the one resource you can’t afford to waste.

Mercari, a leading online marketplace, has announced new measures and compensation policies in response to increasing issues among users, such as the fraudulent replacement of returned items.

The prestigious Matsusaka Beef Competition, a showcase of premium cattle from Mie Prefecture, was held Sunday, where the top-ranked cow was auctioned for almost $200,000 (30.32 million yen).

A store featured as a model in the anime "Crayon Shin-chan" closed its doors on November 24th.