News On Japan

Pay Rises Should Be Social Norm in Japan, Suntory CEO Says

Oct 03 (Bloomberg) - Takeshi Niinami, President and CEO at Suntory Holdings, says Japanese companies need to increase wages to retain good talent.

Niinami, who also serves as the Chairperson at the Japan Association of Corporate Executives, one of the biggest business lobbies in the country, says he is not worried about the economic prospects in Japan as new prime minister Shigeru Ishiba pledges to keep up efforts to decisively end deflation.

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A man who was placed on the public wanted list Thursday is suspected of playing a key role in a series of robberies in Tokyo and Saitama.

The prestigious American magazine 'TIME' has selected actress Anna Sawai as one of this year’s '100 Next.'

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.

Japan's Ministry of Internal Affairs and Communications is set to introduce new mobile phone numbers starting with '060,' possibly as early as December, marking the first addition of a new number in 11 years.

A large sinkhole was found on the taxiway of Miyazaki Airport on Wednesday, caused by the explosion of a 500-pound U.S.-made bomb.

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Electric Vehicles (EVs) are currently facing both tailwinds and headwinds. We’ve investigated the strategies of popular Chinese manufacturers and the Japanese players that are fighting back.

Japan's Ministry of Internal Affairs and Communications is set to introduce new mobile phone numbers starting with '060,' possibly as early as December, marking the first addition of a new number in 11 years.

Takeshi Niinami, President and CEO at Suntory Holdings, says Japanese companies need to increase wages to retain good talent. (Bloomberg)

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.