News On Japan
Business
Starting in December, SBI Shinsei Bank has raised the interest rate for ordinary savings accounts to 0.3%—about three times the standard rate—for all depositors aged 28 and under.
Image of SBI Shinsei Bank Raises Interest Rate to 0.3% for Depositors Aged 28 and Under

Japanese stocks have entered the so-called "year-end rally" phase, a period known for upward trends in stock prices. Last week, the Nikkei Stock Average showed resilient performance despite the yen appreciating gradually against the dollar, temporarily dipping below 38,000 yen but ending with stable movements.

Japan’s airline industry is experiencing a significant boost from record inbound tourism, but rising costs and geopolitical challenges are tempering the financial gains.


Kirin Brewery has announced that it will increase prices on over 200 products, including beer and chuhai, starting in April next year. All three major beer companies will implement price hikes at the same time.

The Japan Fair Trade Commission (JFTC) has launched an on-site investigation into Amazon Japan, alleging that the company forced sellers to lower prices. The investigation will also examine potential involvement by Amazon's U.S. headquarters.

PwC, a leading audit firm, and Takara Printing have announced a collaboration to provide English disclosure support services, including the translation of securities reports. This initiative comes as the Tokyo Stock Exchange plans to mandate companies listed on the Prime Market to disclose financial information in English starting April 2025, aiming to attract overseas investors.

In today’s competitive business environment, time is the one resource you can’t afford to waste.