Category: Japan
Olympics Japanese towns abandon plans to host Olympics athletes amid coronavirus surge-Nikkei
Dozens of Japanese towns have abandoned plans to accept overseas athletes competing in the Olympics from July due to concerns about inadequate resources amid a fourth wave of [...] » More
Nomura raises profit target in recovery from Archegos blowup
Nomura Holdings Inc. raised its pre-tax income target for the financial year ending March 2023 by 14%, with the bulk of growth expected to come from its wholesale division as [...] » More
Household spending falls 4.9pct in fiscal 2020, second largest drop on record
Japan’s household spending in fiscal 2020 fell a real 4.9 percent from a year earlier, posting the second-sharpest drop on record as the coronavirus pandemic forced [...] » More
Shionogi aiming to provide Japan’s first domestically produced COVID-19 vaccine this year
Japanese drugmaker Shionogi & Co. is planning to provide a coronavirus vaccine within the year if conditions are met, its president said Monday. It would be the first [...] » More
Japan’s Nomura still betting on global expansion to lift profit, despite Archegos hit
Nomura Holdings Inc (8604.T) raised its pre-tax income target for the next fiscal year by 14%, showing the long-cherished ambitions of Japan’s top brokerage and [...] » More
Government indicators show Japan’s economy ‘improving’ in March
The government said Wednesday that Japan’s economy is “improving,” raising its assessment based on a key index that showed exports and production rebounded [...] » More
Japan’s seriously ill COVID-19 patients continue to increase
The number of COVID-19 patients with severe symptoms in Japan rose to a record 1,176, the health ministry said Tuesday, amid growing concerns over an increasing number of [...] » More
Tokyo 2020 sponsor Toyota ‘conflicted’ over pandemic Olympics
A top executive of Tokyo 2020 Olympic Games sponsor Toyota Motor Corp. said officials of the company felt “conflicted” over the desire to see the Olympics succeed [...] » More
Osaka Prefecture reports record 55 deaths linked to virus
Osaka Prefecture on Tuesday reported a single-day record 55 deaths linked to COVID-19 and 974 new cases of the virus as Tokyo saw 925 infections amid growing fears over the [...] » More
Japan’s coronavirus vaccine booking system crashes
Technical problems derailed Japan’s coronavirus vaccination booking system on Wednesday, compounding frustration over the government’s handling of new outbreaks [...] » More
Sri Lankan’s death in spotlight as Japan debates immigration bill
The death of a Sri Lankan woman detained at a central Japan immigration facility has been in the spotlight as the Diet debates a controversial bill to revise the immigration [...] » More
Olympics Japan prepares to vaccinate its Olympians, Paralympians
Japan is gearing up to offer COVID-19 vaccinations to around 2,500 Olympic and Paralympic athletes and support staff, using shots donated for the Games amid public anger over [...] » More
Japan eyes vaccines for teens as infections spread among young people
Japan has started making arrangements to allow adolescents between the ages of 12 and 15 to be vaccinated against COVID-19 amid a rising number of coronavirus infections [...] » More
SoftBank joins corporate heavyweights with $37 billion Vision Fund profit
SoftBank Group Corp (9984.T) on Wednesday reported a record 4.03 trillion yen ($37 billion) Vision Fund unit profit from a fourth-quarter gain on Coupang, putting it among [...] » More
UPDATE 1-Japan’s SMFG to halt all new financing of coal-fired power plants
Sumitomo Mitsui Financial Group Inc said on Wednesday it is halting new financing for all coal-fired power plants, becoming the first major Japanese lender to make such a [...] » More
