Fuji Television announced a sweeping overhaul of its management structure on March 27th, including the retirement of longtime executive Hisashi Hieda, who served on the board for 41 years.
The Trump administration announced on March 26th that it will impose an additional 25% tariff on imported automobiles and key auto parts. According to the proclamation signed by President Trump, the tariffs are set to take effect on April 3rd and will apply to all imported vehicles, including those from Japan.
Rapidus, a company aiming to domestically produce next-generation semiconductors, plans to begin operating its prototype line for advanced chips in April. The company is accelerating development of 2-nanometer-class semiconductors, expected to be used in artificial intelligence (AI) applications.
A luxury tower apartment under construction in Grand Green Osaka, located in front of Osaka Station, has drawn attention for its record-setting price tag of 2.5 billion yen. The media was recently granted first access to a completed unit inside the building.
Japan’s economy, long characterized by stagnation and deflation, is now showing signs of a potential revival.
Once a pioneering force in Japan’s convenience store sector, 7-Eleven is now facing a clear slowdown. Although the company introduced many groundbreaking services over the years—such as hot oden by the register and in-store ATMs—it has failed to produce a major hit in over a decade.
Meitetsu announced on March 24th its long-term redevelopment plan for the area in front of Nagoya Station, which includes the construction of two new skyscrapers matching the height of the iconic Spiral Towers in nearby Sasashima.
Starbucks is replacing its paper straws with biomass plastic straws, beginning a nationwide rollout on March 24th.