Business | Page 3

TEPCO to raise household electricity charges
- Nov 02
Japan's largest power utility is considering hiking regulated electricity rates for households.

Faced with a possible energy shortage this winter, Japan advises people to wear warm clothes indoors
WION - Nov 02
Japan on Tuesday announced that it will ask businesses and households to conserve energy "as much as possible" during the winter.

Japan seeks to stay in Russia's Sakhalin-1 energy project after Exxon exit
Nikkei - Nov 01
The Japanese government has decided to remain involved in the formerly Exxon-led Sakhalin-1 oil and gas project in Russia, Nikkei has learned, as it seeks a stable supply of energy despite international sanctions on Moscow over its invasion of Ukraine.

The 30 Best Digital Marketing Agencies in Japan
newsonjapan.com - Oct 31
Japan is a hotspot for international brands seeking to expand new markets. This country has the third largest economy in the world, making it a haven for global businesses.

BOJ moves to ward off downturn by maintaining easy money policy
Nikkei - Oct 28
The Bank of Japan decided to maintain its ultraloose monetary policy on Friday as Gov. Haruhiko Kuroda highlighted downside risks to the economy and indicated his willingness to accept a weaker yen.

Tokyo consumer prices rise at fastest pace since 1989
NHK - Oct 28
Consumer prices within Tokyo's 23 wards rose in October at the fastest pace since 1989. The consumer price index for the capital was up 3.4 percent from a year earlier.

Japan's Finance Minister Ready for "Decisive" Action on Yen Speculation
newsonjapan.com - Oct 28
The Japanese government’s Finance Minister, Shunichi Suzuki, says the country is prepared to take “decisive” action in the foreign exchange (forex) markets to ease the volatility surrounding the yen. Suzuki warned that it would only be forced to do so if investors continued to sell off the yen at remarkable speed.

'Mr. Yen' says the currency could plunge to 170 per dollar
cnbc.com - Oct 26
The Japanese currency could weaken even further to 170 levels against the U.S. dollar next year, according to Japan’s former vice minister of finance for international affairs, Eisuke Sakakibara.

Japanese companies explore how to go 'zero-China' amid tensions
Nikkei - Oct 24
Japanese companies are striving to build supply chains that do not depend on China, amid that country's growing conflict with the U.S. This is expected to dramatically increase the costs of all manner of products. Are companies prepared for "zero-China?"

Japan stages new forex intervention to stop falling yen
Nikkei - Oct 22
Japan's government and central bank intervened in the currency market early Saturday to support a falling yen, sources told Nikkei, triggering a dramatic rebound against the dollar.

Japan's inflation hits 8-year high in test of BOJ's dovish policy
Reuters - Oct 21
Japan's core consumer inflation rate accelerated to a fresh eight-year high of 3.0% in September, exceeding the central bank's 2% target for the sixth straight month as the yen's slump to 32-year lows continue to push up import costs.

Japan's food inflation soars to 31-year high, cutting consumption
Nikkei - Oct 21
Food prices in Japan rose at the fastest pace since July 1991 during the past week, Nikkei data shows, as producers scramble to pass on the impact of a softening yen and high commodity costs.

More fake inspections found at Mitsubishi Electric
NHK - Oct 20
An independent panel investigating fraudulent inspections at Japan's Mitsubishi Electric has uncovered dozens more cases.

Airline offers rent and unlimited flights for remote workers
Bloomberg - Oct 20
A Japanese domestic airline is seeking to fill empty seats by offering subscriptions to Tokyo-based workers that will let them move to a city nearly 900 kilometers (550 miles) away, and commute back-and-forth to the capital by air as many times as they want.

Rapid, one-sided yen fall negative for Japan economy: Bank of Japan chief
Kyodo - Oct 19
The yen's rapid and one-sided depreciation is "negative" for the Japanese economy, Bank of Japan Governor Haruhiko Kuroda said Wednesday after the currency hit a fresh 32-year low versus the U.S. dollar.

Toyota-backed flying car firm Joby seeks Japan air certification
Reuters - Oct 18
Joby Aviation Inc, a U.S. air taxi startup backed by Japanese automaker Toyota Motor Corp, said on Tuesday it has applied to Japan's transport ministry for aircraft certification as it prepares to launch urban transportation services.