Egg prices are increasing once again, particularly impacting businesses like a Baumkuchen specialty shop in Adachi, Tokyo, which uses 3,000 eggs daily. President Eisuke Namai expressed concerns over the rising costs, noting that eggs are crucial for the cake's quality, and a recent price surge has made it difficult to pass on costs to consumers repeatedly.
The Bank of Japan governor says the BOJ will carefully examine the timing of future rate hikes rather than setting a schedule in advance. Ueda Kazuo cited uncertainties surrounding the US economy. (NHK)
The Tokyo Stock Exchange announced on Friday that it has approved the initial public offering (IPO) of Tokyo Metro on the TSE Prime Market. The planned listing date is October 23.
Daihatsu Motor announced on Friday that it has filed a recall with the Ministry of Land, Infrastructure, Transport, and Tourism for 1.71 million vehicles, including 15 models such as the Tanto, due to improper tightening of seat bolts.
The average price of a newly built condominium in Tokyo’s 23 wards has exceeded 100 million yen for the fourth consecutive month.
The village of Onna in Okinawa has recorded the highest land price increase in Japan, with prices for some areas rising by 29%. The average nationwide land price has increased by 1.4% for the third consecutive year, but the sharpest growth is seen in residential areas like Onna Village.
Land prices across Japan have been rising for four consecutive years, with North Kanto emerging as a key area of interest due to its favorable living conditions.
Sharp, a major home appliance manufacturer, has unveiled its first electric vehicle (EV) as part of its move into the electric vehicle market, with a five-seater 'extended livingroom' EV Sharp van.