TOKYO - Honda announced on February 26th that it will introduce a new model of its SUV, the CR-V, with prices starting at 5,122,700 yen.
While sales have been centered on mainstay mini vehicles and compact cars priced below 5 million yen, the company is rolling out a model in a higher price range. By introducing an upper-tier model into the increasingly vibrant SUV market, Honda aims to enhance its brand image.
Source: テレ東BIZ
A tropical depression near the Truk Islands, far southeast of Japan, was moving north-northwest at about 15 kilometers per hour as of 3 a.m. on September 15 and is expected to develop into a typhoon within 24 hours, potentially affecting a wide area from Okinawa through western Japan to the Pacific coast of eastern Japan as it strengthens and moves north.
GO, Waymo and Nihon Kotsu said they aim to launch Japan's first commercial fully driverless taxi service in Tokyo during 2027, using Level 4 autonomous vehicles that can operate without a driver on board under specified conditions.
Kajima Corp. has unveiled the construction site of KAJIMA TREE, a roughly 60-meter wooden tower being built for the International Horticultural Expo that will open in March 2027.
Climbers who get into trouble on Mount Fuji during the official closed season could be charged for rescue by disaster-prevention helicopters under new safety measures being considered by Yamanashi Prefecture.
Genta Koja, a former deputy mayor of Naha who accepts the relocation of the U.S. Marine Corps Air Station Futenma to Henoko in Nago, won the Okinawa gubernatorial election on September 13, defeating incumbent Governor Denny Tamaki and bringing an end to 12 years of prefectural administrations committed to blocking the project.
Rakuten Mobile said on September 14 that it has withdrawn a plan to forcibly cancel mobile service contracts for customers who fail to link their accounts to a Rakuten ID by the end of November.
Tokyo stocks were mixed on September 14, with the Nikkei 225 closing at 63,499, down 511.89 points, as selling in artificial intelligence and semiconductor-related shares weighed on the headline index, while the broader TOPIX rose 32.88 points to 4,061.18 on buying in value, defensive and domestic-demand shares.
Japan's major banks are intensifying competition for household money as rising interest rates revive the appeal of deposits, prompting lenders to launch new savings products, wealth-management services and point-based incentives.
Japan is facing growing pressure over its treatment and recruitment of foreign workers, with serious allegations of abuse emerging even as companies compete for a shrinking pool of overseas labor and some industries approach government-set limits on the number of workers they can accept.
Tokyo stocks fell sharply on September 11, with the Nikkei 225 closing at 63,442, down 2.8%, as oil prices above $108, renewed Middle East tensions, U.S. rate-hike fears and expectations for another Bank of Japan increase triggered a broad selloff led by artificial intelligence and semiconductor-related shares.
Japan's corporate goods prices rose 7.6% in August from a year earlier, remaining above 7% for a third consecutive month as escalating tensions in the Middle East pushed up prices for petroleum, coal and chemical products.
Business sentiment among Japan's large companies returned to positive territory in the July-September quarter for the first time in two quarters, supported by growing demand for semiconductor manufacturing equipment and AI data centers as well as improving conditions in hospitality, restaurants and finance.
Tokyo stocks fell sharply on September 11, with the Nikkei average at one point dropping more than 2,000 points as escalating attacks between the United States and Iran drove oil prices higher and intensified concerns about inflation and corporate earnings.
