News On Japan

Ferrari Launches Flagship Testarossa in Japan

TOKYO - Ferrari Japan unveiled the new plug-in hybrid vehicle (PHV) ‘849 Testarossa’ in Tokyo on September 24th, carrying forward the name of the legendary Testarossa.

The model succeeds the flagship SF90 Stradale, with improved engine output and aerodynamics. It can exceed a top speed of 330 kilometers per hour and accelerate from zero to 100 kilometers per hour in just 2.3 seconds.

The car’s name, 849, signifies its eight-cylinder engine with a displacement of 499cc per cylinder. Equipped with a 3,990cc V8 engine and three electric motors, the system delivers a maximum output of 1,050 horsepower, up 50 horsepower from the previous model. The vehicle can travel up to 25 kilometers on electric power alone. The price is set at 64.65 million yen including tax, with deliveries scheduled between the fourth quarter of 2026 and the first half of 2027.

The Testarossa name, which originally symbolized Ferrari’s high-performance engines and became an icon of the 1980s with the 1984 model, continues to shine as a design symbol. The 849 Testarossa inherits this tradition with a striking design, including connected front lights and a large spoiler that enhances aerodynamic performance. Its body measures 4,718mm in length, 2,304mm in width, and 1,225mm in height, with a weight of 1,570kg. Painted in an amber-toned finish, the new flagship has already drawn global attention since its world premiere in Italy earlier this month on September 9th.

News On Japan
POPULAR NEWS

Two typhoons moving across the Pacific southeast of Japan are expected to remain well away from the Japanese mainland, but powerful swells could bring rough seas to a wide stretch of the country's Pacific coastline throughout the three-day holiday weekend, according to forecasts updated at 3 a.m. on October 10.

A series of cyberattacks has disrupted business operations and exposed millions of customer records across Japan, with a ransomware attack on a cloud service provider affecting 495 companies and local governments nationwide, while convenience store operator Lawson has disclosed a separate breach involving more than 2.15 million personal information records.

Japan's first 360-degree projection mapping show will open at the Osaka City Museum of Fine Arts on October 10, transforming the historic building into an immersive world of light, music, and seasonal imagery, with organizers hoping the attraction will also help stimulate the city's nighttime economy.

Tokyo University of Science professor emeritus Kenzo Soai has been awarded this year's Nobel Prize in Chemistry together with French chemist Henri B. Kagan for discoveries that transformed scientists' understanding of how chemical reactions can favor one of two mirror-image forms of a molecule.

The US military suspended activities by all forces stationed in Okinawa for 48 hours from noon on October 7, an unusual measure following the arrest of a US Marine in connection with a robbery and murder case that has renewed scrutiny of crimes involving American service members.

MEDIA CHANNELS
         

MORE Business NEWS

Tokyo stocks fell sharply on June 26 as investors locked in profits from Japan’s record-setting AI-driven rally, with SoftBank Group and chip-related shares leading a broad retreat after reports that OpenAI may delay its initial public offering.

Japan recorded a current account surplus of 4.062 trillion yen in August, an increase of 12% from a year earlier, driven primarily by a sharp rise in income from overseas investments, even as higher crude oil prices pushed the country's trade balance into deficit.

Household spending in Japan fell 3.1% in August from a year earlier, marking the ninth consecutive month of decline as rising food prices continued to weigh on consumer budgets, according to the latest household expenditure survey released by the Ministry of Internal Affairs and Communications on October 9.

Tokyo stocks ended nearly unchanged on August 12, with the Nikkei 225 at 66,988.82, as gains in energy and financial shares offset weakness in electronics and pharmaceuticals while investors weighed higher crude oil prices, a weaker yen and growing expectations for another Bank of Japan rate increase.

Japan is entering a more difficult phase in its cybersecurity challenge, as a succession of major data breaches and ransomware attacks exposes weaknesses not only in corporate IT systems but also in supplier networks, governance structures and operational resilience.

Japan's four largest beer makers were subjected to simultaneous compulsory searches on October 7 over suspicions they coordinated wholesale prices for beer and other alcoholic beverages, in a rare cartel investigation that could lead to criminal charges.

Tokyo stocks fell on October 7, with the Nikkei 225 closing at 70,036, down 648 points, as investors took profits in semiconductor and artificial intelligence-related shares after the index’s rapid climb above 70,000 earlier in the week.

Japan's prolonged period of rising prices is continuing to squeeze households and businesses, driven by the weak yen, higher raw material costs and rising wages, forcing consumers to change how they shop and cook while companies search for ways to contain costs without losing customers.