News On Japan

Seven-Eleven, Dentsu Launch New Advertising Venture

TOKYO - Seven-Eleven Japan announced that it will establish a new company with CyberAgent and Dentsu to develop advertising services, using digital signage installed in its stores to deliver targeted advertisements based on real-time conditions.

The new venture will distribute advertisements on digital displays in Seven-Eleven stores, tailoring content according to factors such as the time of day, weather conditions, product inventory levels, and other store-specific circumstances.

Seven-Eleven plans to expand the number of stores equipped with digital signage as part of a broader effort to grow its advertising business. The company aims to increase revenue from advertising and related operations to 20 billion yen by fiscal 2030.

Source: テレ東BIZ

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Disaster-level heat gripped much of Japan on July 22, with temperatures of 40 C forecast in parts of the Kanto and Tokai regions and heatstroke alerts issued for 41 prefectures from Okinawa to Tohoku.

The hacker group known as RansomHouse has claimed responsibility for a cyberattack on frozen food giant Nichirei that delayed shipments and disrupted restaurants and supermarkets across Japan.

Large numbers of climbers headed to Mount Fuji on July 22 despite disaster-level heat that pushed temperatures to 40 degrees Celsius or higher in parts of Japan, while a series of rescues highlighted the risks of exhaustion, inadequate footwear and hypothermia during the peak summer climbing season.

Breathtaking 4K footage filmed from a helicopter offers a sweeping aerial view of Mount Fuji and its majestic surrounding landscape.

A covert network of shuttle tankers is carrying crude through the increasingly dangerous Strait of Hormuz as renewed fighting between the United States and Iran disrupts shipping and raises concerns over how Japan will secure the oil it needs.

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Japanese companies and the government are stepping up efforts to develop domestically produced humanoid robots as Chinese manufacturers dominate the rapidly expanding physical AI market, with Nvidia CEO Jensen Huang predicting that the next industrial revolution will take place in Japan.

Tokyo stocks ended mixed on July 22, with the Nikkei 225 closing at 66,115.60, down 116.59 points, or 0.17%, as early buying in semiconductor and artificial intelligence-related shares faded in the afternoon while a weaker yen and higher oil prices kept inflation concerns in focus.

The yen weakened beyond 163 to the dollar as fears of a further deterioration in the Middle East fueled safe-haven demand for the U.S. currency, pushing Japan's currency to its lowest level in about 39 and a half years.

Tokyo stocks rebounded sharply on July 21 as investors bought back semiconductor and artificial intelligence-related shares after last week’s steep selloff, while attention shifted to upcoming U.S. technology earnings and the government’s new economic policy roadmap.

Japanese cash equities were closed for Marine Day on July 20, leaving investors to assess whether Tokyo can stabilize after last week’s technology-led rout as oil prices rose above $90 a barrel, the yen remained near four-decade lows and global markets braced for another test of the artificial intelligence trade.

Apple has raised prices for iPhones sold in Japan, with the top-end iPhone 17 Pro Max now costing more than 210,000 yen, as the prolonged weakness of the yen increases the local cost of products priced and managed in US dollars.

A tanker carrying about 1 million barrels of Mexican crude oil arrived off Yokkaichi, Mie Prefecture, on the morning of July 17, marking Japan's first such delivery since the Strait of Hormuz was effectively closed.

Tokyo stocks plunged on July 17 as a global selloff in semiconductor and artificial intelligence-related shares pushed the Nikkei 225 into correction territory, while Middle East tensions, higher oil prices and persistent yen weakness added to pressure on investors.