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Crop Production in Japan Shifts North, To Higher-Altitude Areas Due to Summer Heat

  • Category:Other
JAPAN NEWS
 
There has been a growing trend of agricultural companies shifting production to cooler regions such as northern Japan and high-altitude areas in response to increased damage to crops caused by the summer heat.
This is due to abnormal weather patterns becoming the norm in recent years...

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Nissan To Scrap U.S. EV Production Plan Amid Slowing Demand

  • Category:Other
JAPAN TODAY
 
Nissan Motor Co said Friday it will scrap its plan to produce electric vehicles in the United States as demand is slowing, partly due to the end of a tax break on EV purchases in the country.
The Japanese automaker "remains fully committed to the U.S. as a lead market and a foundati...

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Japan Spends More Than $30 Bn To Prop Up Yen

  • Category:Other
BUSINESS RECORDER
 
 The yen, trading just shy of 160 yen to the dollar
Japan spent at least 5.0 trillion yen ($32 billion) in the foreign exchange market, according to multiple reports, in its first intervention to prop up the currency since 2024.
The yen, trading just shy of 160 yen to the doll...

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Effects of Yen-Buying Intervention by Govt, BOJ Seen Limited

  • Category:Other
JAPAN NEWS
 
The government and the Bank of Japan conducted a yen-buying, dollar-selling market intervention for the first time in 21 months with the aim of preventing excessive yen selling by speculators.
They took the action ahead of an extended holiday period, when trading activity typically s...

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Middle East Crisis Fuels Anxiety Among Japan Farmers Over Plastic Sheets, Food Containers

  • Category:Other
JAPAN NEWS
 
As the situation in the Middle East deteriorates, anxiety is spreading among farmers in Japan over rising prices and supply of materials and packaging used in agricultural production.
Many of these materials and packaging products are petrochemical products made with naphtha, the pri...

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JAL Reports Highest Sales Of ¥2.01 Trillion In FY2025

  • Category:Other
JAPAN TODAY
 
Japan Airlines Co. said Thursday its revenue rose 9.1 percent from a year earlier to a record 2.01 trillion yen ($12.5 billion) in the fiscal year ended March, the highest since its relisting in 2012, aided by robust demand for domestic and international travel.
Its net profit for f...

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Japan-Linked Oil Tanker Sails Toward Japan; ‘No Fee Paid to Pass Through Strait of Hormuz,’ Says Japan Govt Sources

  • Category:Other
JAPAN NEWS
 
A Japan-linked vessel that had been stranded in the Persian Gulf due to the de facto blockade of the Strait of Hormuz has passed through the waterway and is now sailing toward Japan, the Foreign Ministry said Wednesday.
Sources close to the Japanese government said that no transit fe...

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Global City Leaders at G-NETS Summit Adopt Statement Highlighting Climate, Natural Disaster Measures

  • Category:Other
JAPAN NEWS
 
Leaders from major cities around the world, gathered in Tokyo for the G-NETS Leaders Summit, have adopted a joint statement stressing the importance of inter-city cooperation for strengthening natural disaster and climate change measures.
The summit was held in conjunction with SusHi...

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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

  • Category:Other
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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