THE VERGE
 
There’s already one in California and Australia
Tesla’s latest virtual power plant is in Japan. The company announced Friday that it has been quietly installing its Powerwall batteries at homes on the island Miyako-jima since 2021 and now has over 300 installed.
It’s the largest comme...

More

REUTERS
 
Suzuki Motor Corp (7269.T) will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become an electric vehicle (EV) hub for the Japanese carmaker.
The new company, a wholly owned unit of Suzuki Japan, will ...

More

AFDB
 
Japanese businesses should invest more in Africa, where investment opportunities and returns on investment are among the highest in the world, African Development Bank President Dr. Akinwumi Adesina urged participants at the 8th Tokyo International Conference on African Development (TICAD8...

More

THE VERGE
 
 
It blames global economic challenges for the change
Sony is increasing its PS5 prices in the UK, Europe, Japan, China, Australia, Mexico, and Canada.
Prices are jumping by 10 percent in Europe, 21 percent in Japan, and by around 6 percent in the UK as inflation rates impact Sony and...

More

JAPAN TIMES
 
South Korean messaging giant Kakao’s manga business is pushing back plans to go public on the Tokyo Stock Exchange until next year, aiming for a valuation of $6 billion or more.
Manga app operator Kakao Piccoma had previously planned an initial public offering for this December, but...

More

REUTERS
 
Japanese trading firm Mitsui & Co (8031.T) is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natural gas (LNG) project, the Nikkei newspaper said, without citing sources.
Registered on Aug. 5, the new entity replaces project operator Sakhali...

More

JAPAN NEWS
 
The Japanese operator of @cosme, one of the nation’s largest cosmetics and beauty portals, announced capital and business tie-ups with Amazon.com on Monday.
The U.S. tech giant will invest up to ¥14 billion in istyle Inc. through stock acquisition rights. When all the stock acquisiti...

More

JAPAN TODAY
 
Solid profits at major Japanese companies in recent earnings reports are unlikely to translate into near-term wage hikes in broad sectors due to the risk of a global recession, dashing Prime Minister Fumio Kishida's hopes for higher pay to blunt the impact of rising prices.
The Japa...

More

REVEAL THE NEWS
 
 
Allegations of corruption in Olympic sponsorships involving former Densu director Haruyuki Takahashi have put the firm’s unrelenting hold on Japan’s sports marketing sector in the spotlight.
Through its role as exclusive agent, Dentsu achieved a record nearly 370 billion yen (...

More

JAPAN TODAY
 
The Japanese government plans to keep unchanged the average price at which it sells imported wheat to milling companies from October onward despite soaring inflation, an official with knowledge of the matter said Saturday.
The plan is aimed at easing the burden on households sufferi...

More