Kyoto Tower to be Renamed "Nidec Kyoto Tower"

KYOTO, Mar 22 (News On Japan) - Nidec Corporation, an electronics manufacturer based in Kyoto, has announced that it has entered into a naming rights agreement with Keihan Group, which operates Kyoto Tower.

Kyoto Tower, standing at 131 meters, has been a landmark of the city since its opening in 1964. Known as the "Lighthouse of the City," it is the tallest structure in Kyoto.

Starting April 1st, Kyoto Tower will be renamed "Nidec Kyoto Tower." This year marks the 60th anniversary of Kyoto Tower's opening, and it will be the first time the tower's name includes a corporate name.

Local residents have mixed feelings about the change. One person said, "I think it's a good thing. If Nidec's efforts in Kyoto become known worldwide, it will also benefit Kyoto." Another person commented, "It feels a bit strange. I wonder if people will still say 'Let's go to Kyoto Tower.'"

Nidec Corporation stated, "As a company based in Kyoto, we want to support and energize the local community."

Source: MBS

Residents on Edge as Monkey Attacks Increase in Tokushima

A series of monkey attacks on residents have been reported in Tokushima City since January, with cases involving elementary and junior high school students prompting heightened police patrols.

Softbank Unveils 'Crystal' in Partnership With OpenAI

SoftBank Group Chairman and CEO Masayoshi Son and OpenAI CEO Sam Altman have launched a new AI services company in Japan, aiming to drive innovation in enterprise AI. At the unveiling, Son introduced the company’s first service, "Crystal," which he described as a revolutionary AI solution that will transform business operations.

New Russian Structures Appear on Disputed Northern Islands

Russia has expanded its facilities on Suisho Island in the Habomai group of the Northern Territories, which it continues to occupy illegally.

Why Are Foreign Criminals Targeting Japan?

Crimes committed by foreign visitors to Japan are on the rise, in particular, a growing trend of short-term visitors who commit crimes and immediately flee to their home countries, a pattern referred to as 'hit-and-run' crimes. Why is Japan being targeted?

Japan's H3 Rocket Successfully Lifts Off Carrying 'Michibiki 6' Satellite

The H3 Rocket No. 5 was launched at around 5:30 p.m. on February 2nd from the Tanegashima Space Center in Kagoshima Prefecture. The rocket carries the government’s 'Michibiki 6' satellite, known as the Japanese version of GPS.

MEDIA CHANNELS

MORE Business NEWS

Trump Tariffs Could Deal Heavy Blow to Japanese Auto Parts Makers

The signing of a presidential order imposing a 25% tariff on imports from Canada and Mexico by U.S. President Donald Trump has sent shockwaves through the markets, with the Nikkei Stock Average plunging sharply on February 3rd. Concerns are mounting over the impact on the Tokai region’s auto industry, a key pillar of the local economy.

USJ Expands Hiring, Targeting Middle-Aged and Senior Workers

Universal Studios Japan (USJ), a major theme park in Osaka, continues to draw large crowds from both Japan and abroad. Behind the scenes, thousands of employees keep the park running smoothly.

Large-Scale Solar Panel Project in Nara Canceled

Nara Governor Yamashita has announced the cancellation of a large-scale solar power project in Gojo City, citing the inability to secure local consent. The project, initially proposed as an alternative to a previously planned 2,000-meter runway, was intended to support power supply stability during disasters and include a disaster-response heliport.

Honda and Nissan Delay Integration Until Mid-Feb

Honda and Nissan's negotiations over a potential business integration have hit a roadblock, with concerns that Nissan’s restructuring measures are inadequate.

Manga-based movies dominate 2024 box office in Japan

Manga-based movies were big hits in Japan last year. They took the top three spots, helping Japanese films see record box-office proceeds. (NHK)

Can Higher Interest Rates Ease Household Finances?

Banks are engaged in an intense battle to attract deposits, pushing interest rates higher. While savings account holders may benefit from increased interest earnings, rising rates also mean heavier mortgage burdens and potential rent hikes.

Fuji TV Crisis Deepens

Fuji TV held a press conference on January 27 at 4 p.m. to address allegations reported in the media that an employee was involved in a dispute between TV personality Nakai and a woman. Fuji TV explained that investigating Nakai at this stage might negatively impact the woman’s mental health and risk further harm if Nakai attempted to contact her.

Fuji TV executives resign amid scandal

Leaders of Fuji Television announced their resignations on Monday amid growing pressure on the Japanese broadcaster over a major scandal involving a TV personality. (NHK)

< 2 3 4 5 >