Itochu to Issue Japan's First Orange Bond

The Tokyo Metropolitan Bureau of Transportation has reduced 206 Toei bus services in its October timetable revision, underscoring how the nationwide shortage of drivers is now taking a serious toll on the capital’s public transport.

Around 60 percent of hospitals across Japan are operating in the red, creating a critical situation where closures and bankruptcies are no longer a distant threat. Behind the figures lies a deepening financial crisis that is raising questions about whether patients can continue to rely on stable access to medical care.

A system failure caused by a cyberattack at beverage giant Asahi Group shows no sign of resolution, disrupting deliveries and leaving some supermarket shelves empty.

Forever 21, the American fast fashion brand that once led a global boom in affordable clothing, has decided to withdraw from Japan for the third time after its US parent company filed for bankruptcy and supply from the United States came to a halt.

The wave of price increases continued into October, with more than 3,000 items, including beverages and food, set to rise in price, leaving supermarkets and retailers grappling with how to respond.

From October, Japan’s minimum wage will rise across the country to exceed 1,000 yen for the first time, a development welcomed by workers but one that is expected to squeeze retailers such as discount supermarkets where higher personnel costs could lead to losses.

NTT, which had previously announced plans to gradually phase out fixed-line metal cables over the next decade, said at a briefing on September 30th that it will raise basic charges from next fiscal year to temporarily maintain the service.

Office rents in Osaka are rising at the fastest pace in the world, driven by a wave of new developments in Umeda such as the recently opened Grand Green Osaka, which has brought fresh momentum to the city’s commercial real estate market.