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Softbank Billionaire Son Trims Share Pledges After AI Rally

  • Category:Other
JAPAN TIMES
 
Masayoshi Son reduced the SoftBank Group shares he’s pledged to lenders by $2.1 billion in recent months, lowering his collateral after bets on artificial intelligence propelled the latest comeback in his volatile technology fortune.
Son trimmed his committed shares by 19.4 million ...

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Japan Auto Unions Eye Pay Hike of 12,000 Yen or More

  • Category:Other
NIPPON
 
The Confederation of Japan Automobile Workers' Unions compiled a draft proposal on Friday to seek a monthly pay scale hike of at least 12,000 yen in next year's "shunto" spring wage negotiations.
JAW, which consists of labor unions of auto-related companies, will maintain demands as stro...

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Japan Eyes Record Defense Budget Of About 9 Trillion Yen For FY 2026

  • Category:Other
KYODO NEWS
 
Japan is considering allocating about 9 trillion yen ($58 billion) for next fiscal year's defense budget, including plans to deploy long-range missiles and drones, sources close to the matter said Friday.
The figure would surpass the record 8.7 trillion yen in the initial budget for ...

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‘Annual Income Barrier’ Could Be Lifted to ¥1.78 Million; Change Was First Agreed on in December 2024

  • Category:Other
JAPAN NEWS
 
The government and the ruling Liberal Democratic Party intend to raise the “annual income barrier” — the income threshold for the imposition of income tax — from the current level of ¥1.6 million to ¥1.78 million.
The LDP, the Democratic Party for the People and Komeito originally ag...

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Starbucks Japan Now Offers Close-To-Closing Discounted Items Through Its Mobile Order App

  • Category:Gourmet
JAPAN TODAY
 
In Japan, there’s a common practice of supermarkets and takeout places discounting leftover items as they get close to closing time.
It’s a win-win-win policy, as consumers get to save a little cash, the store gets to make some extra sales, and the reduction in food waste is a plus ...

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Japan to Raise Income Tax Threshold to 1.68 M. Yen

  • Category:Other
NIPPON
 
The Japanese government and ruling parties are considering raising the minimum taxable income threshold from the current 1.6 million yen to 1.68 million yen in 2026, it was learned Thursday.
 
The minimum taxable income level represents the combined amount of basic deductions, applied to...

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Seafood Exports To Japan Surge Towards New Annual Record

  • Category:Gourmet
VIR.COM
 
Vietnam’s seafood exports to Japan have gained strong momentum, reaching nearly $1.6 billion since the start of the year and positioning the sector to set a new annual record.
Fresh customs data released on December 8 shows that shipments to Japan are rebounding. Export value rose 11 pe...

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Japan FY 2025 Extra Budget Set to Be Enacted

  • Category:Other
NIPPON
 
The Japanese government's fiscal 2025 supplementary budget bill is now set to be enacted during the ongoing extraordinary Diet session, which ends on Dec. 17, as two opposition parties are expected to support it.
"We'll vote in favor of the bill," Democratic Party for the People chief Yu...

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Junichi Hanzawa Expected to Be Promoted to MUFG President, Group CEO Hironori Kamezawa to Become Group’s Chairperson

  • Category:Other
JAPAN NEWS
 
Mitsubishi UFJ Financial Group (MUFG) has started final coordination to promote MUFG Bank President Junichi Hanzawa to group president and the bank’s Senior Managing Executive Officer Masakazu Osawa to bank president.
MUFG President and Group CEO Hironori Kamezawa is expected to beco...

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Japanese Company Selling Bear-Proof Automatic Doors

  • Category:Other
JAPAN TODAY
 
The spate of bear encounters in Japan has certainly been surprising for many reasons, but one thing that caught my attention especially is that they seem pretty good at using automatic doors.
▼ Just struts in like it’s no big deal
https://youtu.be/F_ILrkdJ4J8
▼ This one struggled a ...

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