Business sentiment among Japan's large companies returned to positive territory in the July-September quarter for the first time in two quarters, supported by growing demand for semiconductor manufacturing equipment and AI data centers as well as improving conditions in hospitality, restaurants and finance.
Tokyo stocks fell sharply on September 11, with the Nikkei average at one point dropping more than 2,000 points as escalating attacks between the United States and Iran drove oil prices higher and intensified concerns about inflation and corporate earnings.
Tada Shrine in Kawanishi, Hyogo Prefecture, has filed for protection under Japan's Civil Rehabilitation Act, becoming the first shrine in the Kansai region and only the third nationwide to enter bankruptcy proceedings, according to Teikoku Databank.
Protein powder prices are rising sharply in Japan as booming overseas demand for whey, partly linked to the growing use of weight-loss drugs, combines with the weak yen to make the key ingredient increasingly expensive for Japanese buyers.
The takeover battle for Kakaku.com, operator of restaurant review site Tabelog and price-comparison service Kakaku.com, intensified on September 11 after Swedish investment firm EQT raised its tender offer price to 3,680 yen per share, surpassing a rival proposal from a group led by LINE Yahoo.
Amazon has opened its third logistics facility in Amagasaki, Hyogo Prefecture, creating the company's largest distribution hub in the Kansai region with capacity to handle up to 1 million packages a day.
Tokyo stocks edged lower on September 10, with the Nikkei 225 closing at 65,143, down 0.19%, as gains in selected semiconductor and electronic-component shares faded under pressure from oil above $100, rising global bond yields and expectations that the Bank of Japan may raise rates next week.
More than half of the religious corporations investigated for operating temple lodgings and religious training programs at World Heritage-listed Mount Koya in Wakayama Prefecture were found to have failed to declare income totaling more than 100 million yen, according to findings by the Osaka Regional Taxation Bureau.