Food Delivery Service Wolt to Exit Japan

Feb 26, 2026 | News On Japan

TOKYO - Food delivery service Wolt announced that it will withdraw from Japan on March 4th as competition in the domestic delivery market intensifies.

Wolt, which originated in Finland, launched its food and grocery delivery service in Japan in March 2020 and later sought to expand its operations, including delivering prescription medications to patients from hospitals in 2022.

However, competition in Japan’s delivery market has grown increasingly fierce, particularly from rivals such as Uber Eats and Demae-can, making it difficult for the company to sustain its operations.

Source: TBS

Typhoon No. 30 Accelerates Northward as Heavy Rain Threatens Japan

Typhoon No. 30 was moving north through the East China Sea at 30 kilometers per hour at 6 p.m. on October 24, according to the Japan Meteorological Agency, as the large storm continued to weaken while approaching Kyushu, raising concerns about heavy rainfall across western and eastern Japan through October 26.

Japan Braces for Widespread Travel Delays

Typhoon No. 30 is raising the risk of widespread transport disruption across Japan on Sunday, October 25, particularly from the afternoon into the evening, as heavy rain and strong winds threaten airline schedules, railway services and major expressways. The most serious disruption is forecast from Sunday night through Monday morning, when the typhoon is expected to approach Kyushu and intensify an autumn rain front extending across western and eastern Japan.

Japan's Terra Drone Supplies Weapons to Ukraine as Russia Warns of Retaliation

Japanese drone manufacturer Terra Drone has delivered interceptor drones to Ukraine's Ministry of Defense for the first time, prompting Russia to threaten retaliatory measures on October 21, as Japan considers expanding domestic drone production and strengthening its coastal defenses through thousands of unmanned aircraft.

PHP Security Flaw Forces Shutdowns Across Japan, Including Takaichi's Website

A critical security flaw discovered in PHP, a programming language used by an estimated 70% of the world's web systems, has triggered widespread disruptions across Japan since October 21, forcing banks, restaurant chains, government agencies and other businesses to suspend online services as a precaution against potential cyberattacks.

Cyberattacks Hit Japanese Police and Businesses

A growing wave of cyberattacks across Japan has raised concerns over the possible use of Chinese-developed artificial intelligence in hacking operations, with personal information belonging to tens of thousands of police employees potentially exposed and major companies forced to suspend online services, while cybersecurity experts warn that slow decision-making within Japanese organizations is allowing damage to spread.

MEDIA CHANNELS

MORE Business NEWS

Nikkei Plunges 1,713 Points as AI Sell-Off Deepens

Japan's financial markets suffered another sharp setback on October 22 as heavy selling in semiconductor and artificial intelligence-related stocks sent the Nikkei 225 down 1,713.40 points, or 2.65%, to 62,907.84, its lowest closing level since July 30.

Japan's Trade Deficit Doubles as Oil Prices Surge

Japan's trade deficit nearly doubled in the first half of fiscal 2026 to 2.8184 trillion yen, driven largely by surging crude oil prices following turmoil in the Middle East, while the value of oil imports from the United States increased nearly ninefold as Japan sought alternative sources of supply.

Cyberattacks Hit Japanese Police and Businesses

Japan Stocks Rebound 546 Points as Export Growth Supports Market

Tokyo stocks rebounded on October 21, with the Nikkei 225 closing 545.82 points higher at 64,621.24, a gain of 0.85%, as stronger U.S. equities, renewed buying in technology shares and encouraging Japanese export figures helped the market recover from two consecutive sessions of losses.

Mizuho Bank to Stop Using Driver's License Photos

Japanese banks and securities firms are moving to stop using facial photographs from driver's licenses to verify customers opening accounts online, following a series of personal information leaks that have raised concerns about fraudulent account applications.

Japan Stocks Slide 841 Yen as AI Concerns and Oil Prices Hit Tokyo Market

Japan's Nikkei 225 Stock Average closed at 64,075.42 on October 20th, falling 841.28 points, or 1.30%, as renewed selling in semiconductor and artificial intelligence-related shares, rising oil prices and concerns over inflation pushed Tokyo stocks lower for a second consecutive session.

Nearly 30% of Large Japanese Companies Report Data Leaks

Nearly one in three large companies in Japan have experienced a data leak or a suspected breach, according to a survey released by Teikoku Databank on October 19th, highlighting growing concerns over corporate information security as unauthorized access incidents continue to affect businesses across the country.

Nikkei Closes at 64,916 as Technology Stocks Drag Market Lower

Japan's Nikkei Stock Average closed 407.59 points lower at 64,916.70 on October 19, a decline of 0.62%, recovering from an intraday plunge of more than 1,400 points as concerns over artificial intelligence investment weighed on semiconductor and technology shares, while buying in banks, utilities and other domestic sectors helped the broader TOPIX index finish slightly higher.

< 2 3 4 5 >