What would you do if the rent in your neighborhood doubled in just a few years? That scenario is already unfolding in northern Okinawa, where the opening of Jungle Leisure Okinawa is driving unexpected changes in the local housing market.
Nissan Motor will shut down its historic Oppama plant in Yokosuka, Kanagawa Prefecture by the end of fiscal 2027, closing a facility that helped launch the Datsun Bluebird in 1961 and played a pivotal role in Japan’s personal car boom.
Mitsubishi Corporation has announced plans to acquire part of Norway’s Grieg Seafood, investing approximately 150 billion yen in the deal. The Japanese trading house already owns Cermaq, the world’s fourth-largest salmon farming company, and expects the acquisition to boost its annual production from around 200,000 tons to 250,000 tons—elevating it to the second-largest producer globally.
Canadian convenience store giant Alimentation Couche-Tard has announced it is withdrawing its acquisition proposal for Seven & i Holdings, citing a lack of constructive engagement.
The average price of newly built condominiums in Tokyo's 23 wards reached an all-time high in June, highlighting the continued rise in urban property values.
Nissan Motor announced on the evening of July 15th that it will end vehicle production at its key Oppama Plant in Yokosuka, Kanagawa Prefecture, by the end of fiscal 2027. Company President Ivan Espinosa held a press conference at 5 p.m. to explain the decision.
A key gauge of long-term interest rates temporarily rose to 1.595 percent, marking the highest level in nearly 17 years since the aftermath of the Lehman Brothers collapse.
A major farming corporation based in eastern Japan, Butai Farm, known for using robotics to grow lettuce and supplying pre-cut vegetables to 7-Eleven stores, has announced a new strategy to promote agriculture that can compete in Asian markets.