News On Japan
Business | 6

Japanese medical equipment maker Olympus has announced the resignation of its chief executive officer Stefan Kaufmann. (NHK)

Registrations for 'gap jobs,' which allow individuals to work as much as they want at their preferred times, have surged in Japan, now totaling over 25 million. This growth reflects not only a labor shortage but also a shift in workers' attitudes.

The race for Japanese New Year's 'lucky bags' has begun. Tobu Department Store and Matsuya unveiled their offerings for 2025 on October 24th. In response to ongoing inflation, Tobu will provide a variety of luxurious food items, such as a 'meat boat platter' featuring different cuts of Yamagata beef, and a 'sashimi boat platter' with bluefin tuna and sea bream.

Funai Electric, a company once referred to as 'The World's FUNAI', filed for bankruptcy proceedings at the Tokyo District Court on October 24th.

Tokyo Metro made a landmark debut on the Tokyo Stock Exchange on October 23rd, with half of its shares, previously held by the national and Tokyo governments, released to the public, creating the largest IPO since SoftBank in 2018.

Uniqlo is set to reopen its global flagship store in Shinjuku, Tokyo, two years after withdrawing from the same location. The new store, called 'Uniqlo Shinjuku Main Store,' will span three floors and offer exclusive items that were previously unavailable in Japan.

Off-price stores in Japan, which offer significant discounts on clothing and furniture, are growing in popularity as inflation continues.

An employee of the Tokyo Stock Exchange is under investigation for allegedly sharing non-public company information with family members, raising suspicions of insider trading. The Securities and Exchange Surveillance Commission has initiated a compulsory investigation into this matter.