News On Japan

Nissan to Sell Yokohama Headquarters for 97 Billion Yen

TOKYO, Nov 06 (News On Japan) - Nissan Motor announced on November 6th that it will sell its Yokohama headquarters building for 97 billion yen as part of a broader restructuring plan, while continuing to occupy the property under a lease agreement.

The automaker said it expects to record a special profit of 73.9 billion yen in its financial results for the year ending March 2026 following the sale.

Source: テレ東BIZ

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A powerful earthquake struck the Aso region of Kumamoto at around 6:01 p.m. on November 25th, toppling a residential gate in Aso City and scattering roof tiles across the road, while rockfalls and damage were reported in nearby areas.

A Ferris wheel at the Expocity commercial complex in Suita, Osaka, known as the tallest in Japan at 123 meters, came to an abrupt stop on November 25th after a lightning strike disabled its operating system, leaving 20 passengers trapped in nine gondolas until the early hours of the following morning.

A large-scale water outage continued across parts of Okinawa on November 25th after a damaged pipeline caused significant leakage the previous day, with local authorities reporting ongoing disruptions as of 11:35 a.m.

Yellow dust is forecast to reach Fukuoka from the morning of November 25th through November 26th, prompting the city to urge residents—particularly those with respiratory or allergy-related conditions—to take precautions such as wearing masks when going outdoors.

A large fire that broke out late on November 23rd at a waste plastic recycling plant in the city of Bando in Ibaraki has continued to burn for roughly 18 hours, with no clear timeline for containment. The blaze was first reported at around 10:40 p.m. on November 23rd when nearby residents alerted firefighters after seeing flames and smoke rising from the site.

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Honda announced on November 25th that production has resumed at its automobile plant in Mexico after operations were halted from late October due to a semiconductor shortage.

The Nikkei Stock Average climbed into the 52,000-yen range in October before swinging sharply and falling back below 50,000 yen, raising questions over whether the benchmark has already entered a correction phase or whether the market can stabilize above the 50,000-yen level and aim higher.

The steady rise in food prices in Japan has become unmistakable, with some items increasing by as much as 10% in September 2025, yet the overall consumer price index shows growth of only around 3%, leaving many wondering why the gap is so large and whether official data truly reflects the burden households feel.

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Japan’s nationwide consumer price index excluding fresh food rose 3.0 percent in October compared with the same month a year earlier, according to data released by the Ministry of Internal Affairs and Communications, with the pace of inflation expanding for the second consecutive month as the index reached 112.1 and broad-based price revisions pushed up the cost of food items across the country, including a 53.4 percent jump in coffee beans and a 40.2 percent rise in rice that continued the upward momentum seen since the autumn.

Japan’s Ministry of Agriculture, Forestry and Fisheries has announced that the country’s main crop rice harvest for the 2025 season is expected to reach 7.468 million tons, marking an increase of 676,000 tons from the previous year and representing growth of roughly 10 percent.