Sep 29, 2024 (News On Japan) - Toyota's global production has seen a decline for the seventh consecutive month. In August, Toyota Motor Corporation announced that its worldwide production totaled 709,571 units, an 11.2% decrease from the same period last year.
The domestic production volume dropped by 22.2%. This downturn was impacted by the suspension of production of three models, including the Yaris Cross, due to certification violations.
Source: テレ東BIZ
Typhoon No. 12 (Noul) was moving through the Bashi Channel north of the Philippines on Friday, July 24, and is forecast to strengthen temporarily before making landfall on the Asian continent.
A 37-year-old Chinese woman has been arrested and referred to prosecutors on suspicion of operating an unlicensed taxi service that transported travelers from Kansai International Airport to a hotel in Kyoto.
The Japan Aerospace Exploration Agency conducted a ground firing test of the second-stage engine for its Epsilon S small solid-fuel rocket at the Tanegashima Space Center in Kagoshima Prefecture on July 23.
Kuwana in Mie Prefecture recorded 40.6 degrees Celsius, the highest temperature anywhere in Japan this year, as a powerful high-pressure system and hot downslope winds combined to produce dangerous heat across a wide area.
The hacker group known as RansomHouse has claimed responsibility for a cyberattack on frozen food giant Nichirei that delayed shipments and disrupted restaurants and supermarkets across Japan.
Tokyo stocks fell sharply on July 24, with the Nikkei 225 closing at 64,611.15, down 2.73%, as renewed concern over the cost of artificial intelligence investment triggered another technology selloff while oil above $100 a barrel and a yen near 40-year lows intensified fears of imported inflation.
A government panel discussing Japan's minimum wage for fiscal 2026 ended its latest meeting on July 23 without an agreement between labor and management, pushing a decision back until its next session.
Japan's average retail price for regular gasoline rose to 170 yen per liter, while the government is considering reducing subsidies by raising its target price to around 175 yen after the peak travel season.
Tokyo stocks rose on July 23, with the Nikkei 225 closing at 66,422.60, up 307.00 points, as investors bought back semiconductor and artificial intelligence-related shares despite renewed concern over the yen’s weakness near 40-year lows and oil prices driven higher by Middle East tensions.
Retail prices for imported beef and pork in Japan have climbed to their highest levels on record, driven by the weak yen and tighter overseas supplies.
Japan's finance minister signaled the government is prepared to intervene in the foreign exchange market after the yen briefly weakened into the 163 range against the dollar, its lowest level in about 40 years.
The hacker group known as RansomHouse has claimed responsibility for a cyberattack on frozen food giant Nichirei that delayed shipments and disrupted restaurants and supermarkets across Japan.
Japanese companies and the government are stepping up efforts to develop domestically produced humanoid robots as Chinese manufacturers dominate the rapidly expanding physical AI market, with Nvidia CEO Jensen Huang predicting that the next industrial revolution will take place in Japan.
