Osaka's Casino Project to Start Next Spring

Osaka City has handed over land for the Integrated Resort (IR) project, which will include a casino, after signing a contract to lease the land to the developer for 35 years at a monthly rent of 2.1 billion yen.

Bankruptcies of yakiniku restaurants in Japan have surged to a record pace this year, largely due to the rising costs of imported beef fueled by the prolonged depreciation of the yen.

Panasonic has announced that it will end production of fluorescent lamps in 2027 when an international ban comes into force prompted by the health risks and environmental pollution from mercury used in them. (NHK)

In Japanese business culture, a 'playing manager' refers to a manager who oversees the team while also performing as a front-line player. This role is commonly assumed in the mid-managerial phase, often at the section chief level, where the experience and knowledge gained significantly impact the individual's career trajectory.

Yukan Fuji will end more than half a century of serving as a prominent voice in Japan's evening news landscape, with declining print sales ultimately leading to the decision to cease publication.

SoftBank Group is advancing its investment in artificial intelligence (AI) by making AI the core of its strategy. According to U.S. media reports, SoftBank Vision Fund, an investment fund under the SoftBank Group, has agreed to invest in OpenAI, the company behind ChatGPT.

Japan's Ministry of Internal Affairs and Communications announced on the 1st that the nationwide unemployment rate for August dropped by 0.2 percentage points from the previous month, reaching 2.5%. This marks the first improvement in two months.

Yamaha Motor announced that its President, Yoshihiro Hidaka, 61, resigned Monday following an attack by his daughter on September 16th that left him with severe cut wounds on his left arm.