News On Japan
Business | 4

FamilyMart reported record earnings for the fiscal year ending February 2026 on April 8th, with operating profit rising 18% from a year earlier to 100.2 billion yen, driven by strong sales of rice balls promoted through advertising featuring Shohei Ohtani and successful food portion increase campaigns.

Tokyo Metro announced on April 8th that it has entered into a capital and business alliance with Fit, an operator of 24-hour unmanned gyms, investing 1.5 billion yen as part of efforts to diversify revenue beyond its core railway operations.

Japan’s long-term interest rates climbed to their highest level in roughly 27 years on April 7th, as concerns over rising inflation triggered a broad sell-off in government bonds.

Tokyo’s Ogouchi Dam, a key water source for the capital, has fallen to its lowest level since the Heisei era, raising concerns over potential water shortages as rising temperatures intensify pressure on supply.

A survey of industry participants indicates that rice prices are expected to decline over the next three months, reflecting a continued bearish outlook across the sector.

As the Iran conflict shows signs of prolonged escalation, Japan’s heavy reliance on Middle Eastern oil is driving a sharp surge in naphtha prices—an essential raw material for plastics—forcing manufacturers to implement unprecedented price hikes of over 30% while raising concerns that widespread cost increases and potential shortages across food packaging, medical supplies, and daily goods could intensify from May onward if supply disruptions persist.

Toyota Motor has begun selling two vehicle models manufactured at its U.S. plants in Japan, marking a shift toward so-called "reverse imports" as part of efforts to improve trade relations between Japan and the United States.

Fresh tuna, glistening in vivid red, is served in unlimited portions, but resort hotels in Japan are beginning to feel the strain as escalating tensions involving Iran push up costs across the supply chain.