News On Japan

A $500 million bet on reinvigorating Japan’s aging ski industry

Taking a cue from Vail’s success, Hanazono resort in Niseko is spending big on modern lifts—and wants to raise ticket prices by 50% to pay for it.

HOKKAIDO, Feb 01 (Bloomberg) - Niseko sits on the western edge of the island of Hokkaido, where Siberian winds sweeping across the Sea of Japan drop heavy snow almost daily during the winter months.

The area typically gets at least 10 meters (33 feet) a season—and sometimes more than 15 meters—versus about three in France’s Courchevel and six in the Colorado resort of Vail.

Japan’s ski areas this season reopened to foreign visitors for the first time since the pandemic, and the slopes are packed with people from Australia, Singapore, the US and France alongside many locals. As a weaker yen has made the country roughly 20% cheaper than it was the last time foreigners were allowed in, a day at Niseko now costs the equivalent of $65, versus an average of $165 in the US.

Japanese tourism authorities have high hopes of again attracting hordes of skiing foreigners, but the lack of investment risks undercutting those ambitions. Laurent Vanat, an industry consultant who tracks skiing worldwide, says Japan’s aging infrastructure has damaged its reputation as a global destination. Powder hounds may come from afar for the snow, but they’re often disappointed when they find that the lifts date to the ’80s or ’90s. “The ski industry in Japan did not reinvent itself,” Vanat says. ...continue reading

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Hokkaido is taking steps to address overtourism issues as large numbers of foreign visitors arrive during the Lunar New Year holiday.

The hydrogen fuel cell ship "Mahoroba," designed to connect central Osaka with the Expo venue in Yumeshima in approximately 60 minutes, was unveiled to the media ahead of its commercial launch during the Expo period.

A road collapse in Yashio, Saitama Prefecture, has now entered its third day, approaching the 50-hour mark since the incident first occurred. A secondary collapse in the early hours has caused two separate holes to merge into one large sinkhole, complicating ongoing rescue efforts.

From sudden severe pain during a gourmet-filled trip to chronic illness attacks that medication cannot treat, what kinds of symptoms bring foreign tourists to clinics?

Starting January 27, Osaka City has implemented a citywide ban on smoking in public areas, including heated tobacco products, as part of preparations for the Osaka-Kansai Expo set to open in April.

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Fuji TV held a press conference on January 27 at 4 p.m. to address allegations reported in the media that an employee was involved in a dispute between TV personality Nakai and a woman. Fuji TV explained that investigating Nakai at this stage might negatively impact the woman’s mental health and risk further harm if Nakai attempted to contact her.

Leaders of Fuji Television announced their resignations on Monday amid growing pressure on the Japanese broadcaster over a major scandal involving a TV personality. (NHK)

金融市場の世界では、取引の人気が高まっており、取引へのアクセスを提供するプラットフォームはトレーダーの成功に重要な役割を果たしている。

The world's two largest electric vehicle makers want to make bigger inroads into Japan's struggling EV market. America's Tesla and China's BYD both have plans to roll out new SUVs in April. (NHK)

The Bank of Japan (BOJ) has decided to raise its policy interest rate from an annualized 0.25 percent to 0.5 percent. This marks the first rate hike in six months and appears aimed at correcting the historically weak yen.

Japan is facing significant challenges in its food supply chain as new laws and rising prices create widespread concern among farmers and consumers. The recently introduced Food Supply Crisis Management Law, set to take effect on April 1, will prohibit farmers from leasing unused farmland, with severe penalties for violations.

Japan is facing an unprecedented rice shortage, with recent data highlighting alarming supply-demand imbalances in the domestic market. The Agricultural Newspaper reported on January 10 that the DI (Demand-Supply Index), a measure of rice market balance, reached a record high of 80. This figure indicates a critical shortfall in rice availability, surpassing even last year's levels when supermarket shelves were emptied.

A partnership agreement was signed on January 20th to promote cargo transportation using electric aircraft based at Kitakyushu Airport. A test flight to Miyazaki Airport is planned for this summer.