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Central Tokyo Average Condo Price Rises 38.9% In April

  • Category:Other
JAPAN TODAY
 
The average price of a new condominium in central Tokyo in April rose 38.9 percent from a year earlier to 124.98 million yen, reflecting a rebound from the previous year's drop and rising construction costs, a research institute said.
The price in the greater metropolitan area cover...

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Uniqlo’s Largest South Korea Branch Reopens After Five Years

  • Category:Shopping
ARAB NEWS
 
Japanese retailer Uniqlo reopened its global flagship and largest store in South Korea on Friday, five years after shutting down in 2021. 
Located at the heart of Myeong-dong in Seoul, the store spans three floors and covers an area of approximately 3,254 square meters, making it the ...

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Daiwa Secures Project Finance For 38-MW Battery In Japan

  • Category:Other
RENEWABLES NOW
 
Daiwa Energy & Infrastructure (DEI), a unit of Japanese financial services firm Daiwa Securities Group Inc (TYO:8601), has secured a project finance loan for a 38-MW/160.32-MWh grid-connected energy storage facility.
The disbursement was inked with Japanese lender Aozora Bank on ...

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Toyota to Build Japan-Bound Minivans in Taiwan

  • Category:Other
NIPPON
 
Major Japanese automaker Toyota Motor Corp. plans to begin producing two popular minivan models in Taiwan in October and sell them in Japan as part of efforts to ease delivery delays caused by labor shortages.
Toyota will build the Noah and Voxy minivans that are popular in Japan at a pl...

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Japan's Real Wages Fell For 4th Fiscal Year In A Row

  • Category:Other
NHK
 
Real wages in Japan decreased for the fourth straight year in fiscal 2025 which ended in March, as prices rose faster than pay.
The labor ministry released the data on Friday. It surveyed more than 30,000 businesses with at least five employees.
Nominal cash wages, including base pay, overt...

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Japan megabank Mizuho Bank to invest in Rakuten Bank in October

  • Category:Other
JAPAN TODAY
 
Mizuho Financial Group Inc, one of Japan's three megabanks, and Rakuten Group Inc, one of the country's largest e-commerce firms, said Wednesday that Mizuho Bank will invest in Rakuten Bank on Oct 1.
Mizuho Bank currently holds a 14.99 percent stake in Rakuten Card on an issued stoc...

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Japan to Begin World’s First Trial Sales of Artificially Hatched Eels To Assess Consumer Demand

  • Category:Gourmet
JAPAN NEWS
 
The world’s first sale of eels that have been produced by artificially hatching them from eggs will begin on a trial basis from May 29.
 
The project, led by Oita-based leading eel farmer Yamada Suisan Co., is aiming to gauge consumer demand before the process is commercialized. Howe...

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Koizumi Welcomes Bank Decision Lifting Curbs On Defense Investment

  • Category:Other
JAPAN TODAY
 
Defense Minister Shinjiro Koizumi on Tuesday welcomed a recent decision by the state-backed Development Bank of Japan to lift restrictions on investments in defense-related businesses.
At a press conference, Koizumi said the DBJ's move to allow investments in weapons and related pro...

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Japan PM Wants Consumption Tax Cut Freeze "As Soon As Possible"

  • Category:Event
KYODO NEWS
 
Japanese Prime Minister Sanae Takaichi said Wednesday she wants to implement a freeze on the country's consumption tax on food products "as soon as possible," despite concerns over the nation's fiscal health amid the ongoing Middle East crisis.
During a one-on-one parliamentary debat...

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As Japan Stokes Inflation, Banks Grapple With Loan Growth Outpacing Deposits

  • Category:Other
JAPAN TIMES
 
 
Japan’s banks are grappling with a problem that was unthinkable a few years ago: Loans are growing faster than deposits.
 
The country is seeing an explosion of borrowing as businesses boost capital investment and buyout deals get bigger.
 
At the same time, deposits aren’t keepin...

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