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Japan’s Electricity Rates Likely to Rise from Summer, Country’s Largest Power Generator Says

  • Category:Other
JAPAN NEWS
 
Japan’s largest power generator JERA Co. announced Monday that it would postpone the release of its earnings forecast for fiscal 2026 due to the situation in the Middle East.
The company said it has secured the fuel necessary for thermal power generation through July but indicated th...

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Toyota-Backed Startup Begins 'Flying Car' Test Flights In New York

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JAPAN TIMES
 
Joby Aviation, a U.S. startup backed by Toyota Motor, said Monday that it has begun demonstration flights of its "flying cars" in New York.
The electric vertical takeoff and landing, or eVTOL, aircraft flew between John F. Kennedy International Airport and Manhattan.
Toyota has inve...

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Japan-Bound Tankers From U.S. Increase Amid Hormuz Closure

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NIPPON
 
The number of crude oil tankers sailing to Japan from the United States has shot up amid the effective blockade of the Strait of Hormuz, a key oil transport waterway.
As of Thursday, 13 tankers bound for Japan were confirmed to have departed from coastal U.S. areas of the Gulf of Mexico,...

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3 Japanese Megabanks Mull Loaning ¥3.6 Tril. as Part of Huge Investment Package in U.S.

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JAPAN NEWS
 
Three Japanese megabanks are considering loaning a total of about ¥3.6 trillion for the inaugural projects of the $550 billion (about ¥88 trillion) in investments in the United States, it has been learned.
The investment package was agreed upon during Japan-U.S. tariff negotiations.
...

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Japan Govt Cites Weakening Consumer Mind in Monthly Report

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JAPAN NEWS
 
The Japanese government on Thursday underlined the need to keep a close watch on weakening consumer sentiment amid concerns about the economic outlook due to tensions in the Middle East.
"Private consumption shows movements of picking up," the Cabinet Office said, leaving its assessm...

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Japan’s ANA to Introduce Fuel Surcharges to Domestic Flights from Fy27, Driven by Rising Fuel Costs, Declining Profits

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JAPAN NEWS
 
All Nippon Airways Co. (ANA) is considering the introduction of aviation fuel surcharges that would be added to airfares in accordance with fuel costs to domestic flights from fiscal 2027.
Due to worsening situation in the Middle East, fuel prices are surging. ANA has determined that...

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More Japanese Firms Paying Student Loans of Employees

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JAPAN TIMES
 
An increasing number of companies are paying off the student loans of their employees. Thanks to a loan payment system introduced in fiscal 2021, both the workers and their employers are able to reduce their tax burden.
The companies’ move also aims to help secure talented individua...

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Japan’s Coffee Bean Production Looks to Northern Areas to Expand Amid Challenges From Climate Change

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JAPAN NEWS
 
The production of domestic coffee beans is spreading nationwide, and there are moves to expand cultivation into colder areas in north of Japan, including Hokkaido and the Tohoku region.
Amid predictions that climate change will lead to the amount of land suitable for production being...

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Japan To Extend Subsidy Of Up To 60 Bil. Yen To Sony Unit For Sensor Output

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KYODO NEWS
 
The Japanese government said Friday it will provide up to 60 billion yen ($376 million) in subsidies to a Sony Group Corp. unit to help mass-produce cutting-edge image sensors, aiming to secure stable supplies amid growing global demand.
Sony Semiconductor Manufacturing Corp. is expe...

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Japan Targets 25% Share Of Global Autonomous Vehicle Market

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JAPAN TIMES
 
 
The government on Thursday released a draft road map on public-private investment that features a goal of acquiring an about 25% share of the global market in self-driving vehicle sales in the 2030s.
The draft was shown at a subcommittee meeting of the Council for Japan's Growth S...

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