News On Japan
Business
Once considered the “model of price stability” at the Japanese table, eggs are now facing another crisis. The price of eggs, a staple ingredient used daily across the country, has surged once again, prompting concern among both businesses and consumers.
Image of Japan Faces Another Egg Shock as Prices Soar

Automakers are stoking a fierce price war in Japan's EV market, with Chinese manufacturer BYD leading the charge by introducing fully electric vehicles priced around 2 million yen at Aeon stores. U.S. rival Tesla is also pushing price cuts for its core models, while Japanese giants Toyota and Nissan are responding by lowering prices on improved models with extended driving range.

A prolonged system failure caused by a cyberattack at Asahi Group Holdings is now rippling into Japan’s year-end gift season, forcing major brewers to scale back their offerings.


Amazon’s cloud computing platform Amazon Web Services (AWS) suffered a major system failure on October 20th, disrupting services across the globe, including online games and web conferencing tools.

The wholesale price of rice traded between businesses is expected to reach an unprecedented level of over 36,000 yen per 60 kilograms despite a bumper harvest this year, according to interviews conducted by JNN, highlighting the intense competition among buyers and the distorted dynamics of Japan’s rice market.

Japan’s streaming industry is under growing pressure as foreign giants tighten their grip on the domestic market, with Netflix’s latest move to secure exclusive broadcast rights in Japan for every game of the World Baseball Classic next March highlighting the widening gap.

Investigators from the Immigration Services Agency conducted on-site inspections in Osaka on October 14th amid a surge in so-called 'paper companies' created by foreign nationals seeking residency.