Japanese Stocks Finish the Year at a Record Level

OSAKA, Dec 30 (News On Japan) - The final trading session of the year concluded at the Osaka Exchange in Kitahama, Osaka, where the traditional year-end ceremony known as the “Dainokai” was held to mark the close of trading.

Market participants gathered for the annual event, which concluded with the customary three cheers to signal the end of the year’s transactions. The Nikkei average, which began the year in the 39,000 yen range, surged to a historic milestone in October by breaking above 52,000 yen for the first time. Trading in derivatives, a core product at the Osaka Exchange, also remained strong throughout the year, with total volume exceeding 400 million contracts.

The Nikkei closed at 50,339 yen on the final trading day, setting a new year-end record for the second consecutive year.

Trading in the new year is scheduled to begin on January 5.

Source: YOMIURI

Typhoon Jangmi Leaves Trail of Destruction Across Japan

Typhoon Jangmi (Typhoon No. 6) swept across Japan on June 3rd, bringing record-breaking rainfall, widespread flooding, landslides, transport disruptions, and powerful winds, while prompting Tokyo's first-ever issuance of a Level 4 danger alert under the country's new weather warning system. The storm also exposed challenges surrounding evacuation behavior, as many residents chose not to leave their homes despite official warnings affecting more than 1.6 million people across the Tokyo metropolitan area.

Transport Networks Across Eastern Japan Return to Normal

Transport services across eastern Japan were largely returning to normal on June 4th after Typhoon Jangmi (Typhoon No. 6) moved into the Pacific Ocean, with most railway lines resuming operations, airports functioning normally and airlines working to clear residual delays following a day of widespread disruption that saw nearly 900 flights canceled and major rail services suspended.

Body Found in River Identified as Suspect in Mother-Daughter Murder Case

A body discovered in a river in Tatsuno, Hyogo Prefecture, has been identified as 42-year-old Kenji Oyama, the suspect wanted nationwide in connection with the murder of a mother and daughter last month, police announced on June 4th.

Local Residents Struggle to Respond as New Disaster Warning

As Typhoon Jangmi (Typhoon No. 6) struck Wakayama Prefecture on June 3rd, the storm became the first major test of Japan's newly introduced disaster weather warning system, revealing both the benefits of earlier evacuation calls and the challenges local authorities faced in helping residents understand and respond to the new alerts.

Typhoon No. 6 Swamps Popular Ise Tourist Town

Flooding was reported around the popular tourist district of Oharai-machi in Ise City following the passage of Typhoon No. 6, with some businesses forced to clean up after floodwaters overflowed from a nearby river during the early hours of June 3rd.

MEDIA CHANNELS

MORE Business NEWS

Nissan Begins Taking Orders for U.S.-Built Murano SUV in Japan

Nissan Motor has begun accepting orders in Japan for the Murano sport utility vehicle, which is produced in the United States, marking one of the first uses of a new vehicle certification framework established following a tariff agreement between Japan and the United States.

Uber Targets New Users With Ride-Hailing Discounts

Uber Japan unveiled its latest strategy for its mobility business, including its taxi-hailing app operations, as the company seeks to expand its presence in a market where ride-hailing app usage remains lower than in many other countries.

U.S. Proposes 12.5% Additional Tariff on Japan

The Office of the United States Trade Representative (USTR) announced on June 2nd that it is considering imposing an additional 12.5% tariff on Japan, arguing that the country's measures to prevent the import of products made with forced labor are insufficient.

Foreign Workers Become Vital to Okinawa's Economy

As labor shortages deepen across Japan, more companies in Okinawa are turning to foreign workers not only to fill vacancies but also to build long-term careers, creating support systems that help employees settle into local communities and remain in the workforce.

Investors Shift Focus to Quantum Computing Stocks

Quantum computing is attracting growing attention from investors as governments around the world increase support for the technology, raising expectations that it could become the next major investment theme after artificial intelligence.

Toyota to Halt Production at 13 Domestic Plants as Typhoon No. 6 Approaches

Toyota Motor will suspend production at 13 domestic factories on June 3rd as Typhoon No. 6 approaches Japan, with the company prioritizing the safety of employees and contractors as severe weather is expected to affect a wide area from western to eastern Japan.

Japan's Flat 35 Mortgage Rate Tops 3% for First Time

The Japan Housing Finance Agency announced on June 1st the interest rates that will apply in June for Flat 35, Japan’s long-term fixed-rate housing loan program.

Inside ENEOS’s Global Expansion Strategy

ENEOS Holdings, Japan's largest oil refiner, is accelerating its push overseas as it seeks to raise the share of revenue generated outside Japan from roughly 20% today to 50% in the future, according to President Tomohide Miyata, who outlined the company's growth strategy in an extended interview that was not fully aired on TV Tokyo's World Business Satellite (WBS).

< 2 3 4 5 >