News On Japan

Matsusaka Auction Sees Top Cow Net Over 30 Million Yen

MIE, Nov 25, 2024 (News On Japan) - 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).

The event in Matsusaka City brought together 50 cows selected through preliminary rounds, featuring female cattle raised for over 900 days in the Matsusaka area that had never given birth. Judges evaluated factors such as body structure and meat quality balance.

As a result, "Tomomi 7," raised by 63-year-old Nao Noriaki from Meiwa Town, was awarded the top prize for its well-balanced meat quality and smooth coat.

Nao expressed his joy, saying, "I'm truly happy to win first place. The cow endured the summer heat, ate well, slept well, and grew into a magnificent specimen."

In the subsequent auction, Tomomi 7 was purchased for 30.32 million yen by Asahiya, a meat retailer based in Tsu City, drawing cheers and applause from the crowd.

Asahiya President Yoshihisa Koda commented, "I imagine it was a tough summer for the producers, given the extreme heat. I come every year intending to buy the No.1 cow."

Source: MBS

News On Japan
POPULAR NEWS

Japan is likely to face increasingly long and dangerously hot summers as global temperatures continue to rise, with advanced climate simulations also pointing to more frequent torrential rain, rising seas and accelerating ice loss by the end of the century.

A tropical depression near the Truk Islands is expected to strengthen into a typhoon within 12 hours, but forecasters say it is unlikely to have any direct impact on Japan.

A protest against Prime Minister Sanae Takaichi was held in Tokyo's Shibuya district on July 16 as public concern grew over a bill that would impose criminal penalties for damaging the Japanese flag.

Tobu Railway has introduced walk-through facial recognition ticket gates at Ikebukuro and Kami-Itabashi stations on the Tobu Tojo Line, allowing registered commuters to enter without presenting a ticket or IC card.

A system failure at frozen food giant Nichirei has disrupted shipments and logistics, raising the risk of product shortages and temporary closures at some Kentucky Fried Chicken restaurants while also affecting major supermarket and retail chains.

MEDIA CHANNELS
         

MORE Business NEWS

Seven & i Holdings is considering investing several hundred billion yen in Zabka Group, Poland's largest convenience store operator, as the Japanese retailer seeks to expand its presence in Europe.

Japanese manufacturers including Fanuc, Yaskawa Electric, Fujitsu, Hitachi, Kawasaki Heavy Industries and Komatsu announced new artificial intelligence initiatives on July 16 as Nvidia expanded its partnerships with Japan's robotics and industrial sectors.

Tokyo stocks fell sharply on July 16 as renewed selling in South Korean semiconductor shares spread to Japan’s AI and chip-related names, while household inflation expectations hit a record high and kept pressure on the Bank of Japan to maintain a tightening bias.

Many beginner forex traders often frown upon the Tokyo trading session because of its low trading volume and liquidity levels. However, it can be a gold mine if you know which currencies to trade.

A system failure at frozen food giant Nichirei has disrupted shipments and logistics, raising the risk of product shortages and temporary closures at some Kentucky Fried Chicken restaurants while also affecting major supermarket and retail chains.

Japan's core machinery orders fell 12.4% in May from the previous month to 962 billion yen, marking the first decline in two months, the Cabinet Office said on July 15.

The Ministry of Economy, Trade and Industry said it will provide up to approximately 159 billion yen in subsidies to Israel-based chipmaker Tower Semiconductor to expand production capacity at facilities in Niigata and Toyama prefectures.

Japanese companies announced new cybersecurity services, investment products and technology initiatives on July 14, while earnings releases highlighted sharply different conditions across the housing and food-import sectors.