China's Rare-Earth Magnet Exports to Japan Halve in July

Aug 22, 2026 | News On Japan

TOKYO - China's exports of rare-earth magnets to Japan fell by more than half in July from a year earlier, while shipments of tungsten carbide remained at zero for a sixth consecutive month, according to trade data released by Chinese customs authorities.

Exports of rare-earth magnets from China to Japan totaled 111 tons in July, down 52.2% from the same month a year earlier.

The decline was the steepest since June 2025, marking the largest year-on-year drop in one year and one month.

Rare-earth magnets are used in motors for electric vehicles, home appliances and other products.

China's exports of rare-earth magnets to the world as a whole fell 3.6% from a year earlier.

Exports of tungsten carbide, a rare-metal material essential for processing automobile parts and other products, remained at zero for the sixth straight month.

Source: テレ東BIZ

Record Rain Triggers Level 5 Emergency in Toyama

Record-breaking torrential rain struck Toyama and Ishikawa prefectures on August 27, prompting the highest-level emergency warnings as rivers overflowed, roads flooded, vehicles became submerged and power and transportation services were disrupted across the Hokuriku region.

Nine-Minute Drone Video Shows Scale of Aeon Mall Damage

A 9-minute, 13-second drone video filmed inside Aeon Mall Kumamoto two days after the deadly explosion has provided a detailed view of the destruction, showing collapsed ceilings, heavy dust and widespread damage that may have affected between one-third and nearly half of the shopping center.

Conditions Ease as Typhoon No. 18 Passes Okinawa

Strong Typhoon No. 18 was moving northwest through the East China Sea on the night of August 26, gradually pulling away from Okinawa and the Amami Islands as lingering rain, strong winds and high waves were expected to ease. As of 9 p.m. on August 26, the typhoon was over waters north-northwest of Kume Island and moving northwest.

Mystery Deepens with 39 Kg Bread Trail Across Tottori

A series of mysterious illegal dumping incidents involving about 39 kilograms of sliced bread has been reported around Mount Daisen and other parts of Tottori Prefecture in August, with officials investigating whether the food may have been deliberately placed to attract wild animals.

Osaka Couple Donate 400 Million Yen for Giant Myaku-Myaku Statue at Expo Site

An 85-year-old couple have donated a combined 400 million yen to Osaka City with a request that the money be used to create a giant Myaku-Myaku statue about 20 meters tall at the former site of the Osaka-Kansai Expo, envisioning a landmark that could become a lasting symbol of the event and of renewed prosperity for Kansai and Japan.

MEDIA CHANNELS

MORE Business NEWS

Seven-Eleven Installs Self-Service Shipping Machines

Seven-Eleven Japan and Yamato Transport announced on August 26 that they will introduce self-service shipping machines allowing customers to send parcels without lining up at a staffed checkout counter.

Nikkei Reclaims 66,000 as Nvidia Caution Keeps Trading Thin

Tokyo stocks rose on August 26, with the Nikkei 225 closing at 66,262.16, up 405.73 points, or 0.62%, as investors bought back selected semiconductor and financial shares, although trading was thin ahead of Nvidia’s earnings and uncertainty remained over artificial intelligence valuations, the yen and Bank of Japan policy.

Nikkei Falls as Nvidia Caution Hits Chip Shares

Tokyo stocks fell on August 25, with the Nikkei 225 closing at 64,980.53, down 0.8%, as investors sold semiconductor and electronics shares ahead of Nvidia’s earnings while a weak yen, elevated bond yields and renewed U.S. pressure on Iran kept risk appetite subdued.

Japan's Traditional Public Baths Feel Financial Heat

Japan's traditional neighborhood public baths are struggling with rising fuel, labor and operating costs, but unlike most businesses they cannot freely raise prices because admission fees remain regulated under a postwar price-control law introduced in 1946.

Nikkei Falls as Rising Yields Hit AI and Chip Shares

Tokyo stocks fell on August 24, with the Nikkei 225 closing at 65,528.09, down 488.27 points, or 0.74%, as global bond-yield pressure and caution ahead of Nvidia’s earnings triggered selling in artificial intelligence and semiconductor-related shares, even as the broader TOPIX edged higher.