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Prudential Profit Rises Even As Firm Grapples With Japan Pause

  • Category:Other
JAPAN TIMES
 
Prudential Financial’s first-quarter profit beat Wall Street’s expectations, relieving pressure on Chief Executive Officer Andy Sullivan as he contends with a sales pause in one of its biggest markets.
The insurer posted operating earnings per share of $3.61 in the first quarter, ac...

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Palm Foot and Palm Oil Derivatives Have Great Potential in Indonesia-Japan Relations

  • Category:Other
VOI ID
 
Footwear products and palm oil derivatives have great potential to develop in the context of Indonesian-Japanese economic cooperation, said Deputy RI Ambassador to Japan Maria Renata Hutagalung.
This was said by the Indonesian Embassy, Maria Renata, following the Indonesia-Japan Business...

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Mizkan Suspends Sales For Four Natto Products Amid Supply Strain

  • Category:Other
JAPAN TIMES
 
Mizkan Holdings said it would suspend sales of four of its natto products from this month due to supply constraints.
The Aichi Prefecture-based foodmaker said Friday that prolonged geopolitical tensions in the Middle East have driven up prices and heightened supply risks for naphtha...

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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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