News On Japan
Business | 3

Residents in Settsu City, Osaka Prefecture, have decided to file for pollution mediation against chemical manufacturer Daikin Industries, whose plant is located in the area, after groundwater was found to contain per- and polyfluoroalkyl substances (PFAS), some of which are suspected of being carcinogenic.

Ferrari Japan unveiled the new plug-in hybrid vehicle (PHV) ‘849 Testarossa’ in Tokyo on September 24th, carrying forward the name of the legendary Testarossa.

As the Tokyo Stock Exchange undergoes reforms with the introduction of new listing maintenance standards, attention is turning to how investors can identify promising growth stocks.

Is high quality a curse? Reports in South Korea that Hitachi is considering selling its white goods business have drawn attention, raising questions about the future of Japanese appliances.

Spa Resort Hawaiians, a sprawling tropical-themed facility in Iwaki, Fukushima Prefecture, has long been cherished as “Japan’s Hawaii.” The indoor resort, which features Japan’s tallest water slide with a 40-meter drop, attracts about one million visitors each year as a family-friendly theme park.

The practice of supporting one’s favorite idols or characters, known as 'oshikatsu,' has grown into a massive market in Japan, with private research estimating spending to have reached 3.5 trillion yen this year. As demand expands, a wide range of specialized goods is driving the trend, with transparent tote bags -- known as 'ita-bags' -- emerging as a standout product.

Long-term interest rates in Japan, which influence fixed mortgage rates, rose to their highest level in 17 years as the yield on 10-year government bonds briefly reached 1.665 percent in trading on September 22nd, the highest since 2008.

Frozen tuna stored at minus 60 degrees Celsius are now being used as a new tool in electricity demand control. By temporarily shutting down refrigeration units and using the fish itself as a cooling agent to maintain storage temperatures, companies are beginning to reduce power consumption.