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Japan's Average Pay Up Over 5% For 2nd Year In A Row

  • Category:Other
JAPAN TODAY
 
Japanese companies agreed to raise wages by an average 5.25 percent in this year's spring wage talks, the second straight year to exceed 5 percent, the country's largest labor union said Thursday, although salary growth failed to keep pace with ongoing inflation.
The Japanese Trade ...

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Japan’s Carmakers Absorbing Tariffs May Bolster Trump's Position

  • Category:Driving
JAPAN TIMES
 
Japanese carmakers have largely absorbed the cost of U.S. President Donald Trump’s tariffs on auto imports, a move that may undermine the Asian nation’s negotiating power ahead of a July 9 deadline that will see duties rocket even higher.
So far, just three of Japan’s six major auto...

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New Banknotes Account for Only 30% of All Bills in Circulation; Increased Use of Cashless Payments Seen as Cause of Slow Adoption Rate

  • Category:Other
JAPAN NEWS
 
Japan’s newest issued banknotes marked their first anniversary on Thursday, yet the new bills still only account for about 30% of all bills in circulation.
Although more vending machines and other devices have become compatible with the new bills, the replacement of older banknotes h...

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Food Price Hikes In Japan Projected For Over 20,000 Items In 2025

  • Category:Shopping
JAPAN TODAY
 
The number of food and beverage items that will face price hikes in 2025 is projected to surpass 20,000 for the first time in two years, mainly due to high material and logistics costs, a credit research firm said Monday.
In July alone, 195 major food makers are planning price hikes...

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Inbound Tourism Fuels Land Price Surge Across Japan; High Hopes for Development Projects Ahead

  • Category:Other
JAPAN NEWS
 
Strong demand from inbound tourism has significantly driven up land prices in tourist destinations nationwide, a trend extending to areas around the 2025 Osaka-Kansai Expo.
According to an announcement by the National Tax Agency on Tuesday, land prices rose year-on-year in 35 prefect...

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Harley-Davidson Japan to Be Fined for Unfair Trade Practices; Company Enriched Itself by Setting Overly High Sales Quotas for Dealers

  • Category:Other
JAPAN NEWS
 
The Japan Fair Trade Commission has decided to issue a cease and desist order against Harley-Davidson Japan K.K. (HDJ), a Tokyo-based motorcycle sales company, for unfair trade practices in violation of the antimonopoly law, sources report.
According to the sources, HDJ unilaterally ...

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China Partially Lifts Ban On Japanese Seafood Imports

  • Category:Other
BBC
 
China has lifted a ban on seafood imports from most regions of Japan, which was imposed two years ago due to concerns over the release of treated waste water from the Fukushima nuclear plant.
Beijing said it will "conditionally resume" the imports from Japan with the exception of 10 of the ...

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Japan Hits M&A Record Of $232 Billion, Driving Asia Deals Rebound

  • Category:Other
JAPAN TODAY
 
Japan is driving Asia's M&A rebound in 2025 with a record $232 billion worth of deals in the first half, and bankers expect the trend to sustain fueled by multi-billion dollar take-private arrangements, outbound investments and private equity activity.
Management reforms to tackle c...

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Nissan Plans Large Production Cuts at Key Domestic Plant; Output to be Trimmed to 20% of Capacity in July, August

  • Category:Other
JAPAN NEWS
 
Nissan Motor Co. plans to make large-scale production cuts at its key Oppama plant in Yokosuka, Kanagawa Prefecture, in July and August, according to sources.
The move was prompted by sluggish sales of the Nissan Note, a compact car produced at the factory, the sources said. Nissan r...

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EU Proposes Eel Trade Restriction Despite Japan’s Opposition

  • Category:Other
JAPAN NEWS
 
The European Union on Friday proposed making all eel species, including the Japanese eel, subject to regulation under an international treaty to protect endangered species, while Japan opposes the move.
The EU, along with the Dominican Republic, Panama and Honduras, submitted the pro...

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