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March 18, 2025
 

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Kanoko Matsuyama
Seven & I Holdings says it has agreed to jointly explore store sell-offs with Alimentation Couche-Tard to address antitrust concerns ahead of a potential merger.
BUSINESS / Companies
Mar 10, 2025
Shareholder pushes Seven & I to engage with Couche-Tard
The operator of 7-Eleven stores says that it is doing so, and has rebuffed Artisan Partners Asset Management¡¯s assertions of conflicts of interest within the board.
Seven & I Holdings CEO Ryuichi Isaka is stepping down from his position, the Nikkei newspaper has reported.
BUSINESS / Companies
Mar 3, 2025
7-Eleven owner to appoint first foreign CEO, report says
The owner's plan to take the company private to avoid being taken over by Couche-Tard collapsed last week, piling pressure on it to reconsider the $47 billion takeover proposal.
The U.S. Food and Drug Administration's approval of novel breast cancer treatment by Daiichi Sankyo and AstraZeneca led Daiichi Sankyo's shares to post the largest intraday gain since August on Monday.
BUSINESS / Companies
Jan 20, 2025
Daiichi Sankyo rises most in five months on cancer drug approval
Datroway, developed with AstraZeneca, has been approved for patients with advanced breast tumors.
Seven & I Holdings reported Thursday that its operating profit was ?128.4 billion during the three months to the end of November, compared with ?169 billion a year earlier.
BUSINESS / Companies
Jan 9, 2025
Seven & I profit drops despite recovery in convenience stores
Operating profit was ?128.4 billion during the three months to the end of November, compared with ?169 billion a year earlier.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025
Uniqlo owner reports strong growth in Japan and Western markets
Operating profit rose 7% to ?157.6 billion for the three months ended November from a year earlier, with sales increasing to ?895.2 billion.
Seven & I Holdings CEO Ryuichi Isaka
BUSINESS / Companies
Feb 7, 2024
Japan¡¯s convenience stores can span the globe, 7-Eleven CEO says
Ryuichi Isaka believes Seven-Eleven Japan¡¯s know-how in making cheap, high-quality food will drive growth overseas.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
The government plans to raise the retirement age of drivers of privately owned cabs to 80, from 75 currently, as rural areas in particular suffer from an acute shortage of transportation for the elderly.
BUSINESS / Economy
Dec 4, 2023
Expanding labor shortage pushes Japan to find new ways to fill jobs
Companies have been forced to come up with new ways to find labor and keep their operations running smoothly, sometimes with novel ideas.
Alex Zhavoronkov, founder and chairman of Insilico Medicine, poses at his research facility in Suzhou, China, on Oct. 31.
WORLD / Science & Health
Nov 14, 2023
Race for first drug discovered by AI nears key milestone
Insilico Medicine's AI-developed drug for idiopathic pulmonary fibrosis is in midstage trials in the U.S. and China.
A Shiseido booth at the third China International Consumer Products Expo, in Haikou, Hainan province, in April
BUSINESS
Nov 10, 2023
Shiseido slashes profit forecast on Fukushima water release
Cosmetic products were at the center of a viral campaign that spread unproven safety allegations on Chinese social media platforms.
BUSINESS / Companies
Oct 6, 2023
Uniqlo owner scouts for more Indian partners after 60% sales jump
The 911±¬ÁÏÍø apparel giant is currently working with over 20 sewing factories and mills in India.
Shiseido products on display at a Nykaa Luxe store in Mumbai, India, in November
BUSINESS / Companies
Sep 15, 2023
Shiseido bets on India growth with first launch in a decade
Japan¡¯s largest cosmetic firm has partnered with Indian retailer Shoppers Stop¡¯s Global SS Beauty Brands and will open 14 stores in New Delhi and Mumbai.
Welcia Holdings, Japan¡¯s largest drugstore chain, is one of the first 911±¬ÁÏÍø companies to respond to China easing its ban on group tours to a raft of countries last week.
BUSINESS
Aug 18, 2023
Japan drugstore chain boosts duty-free counters on China bets
The company plans to offer duty-free services at 1,000 stores, up from about 260 currently, and it expects tourists to travel beyond Japan¡¯s major cities.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023
Rakuten¡¯s Mikitani spends a fifth of his time on biotech startup
Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Japan Times
BUSINESS / Companies
Jul 11, 2023
Eisai appoints CEO¡¯s son to lead global Alzheimer drug program
Eisai's former global Alzheimer drug program officer, who led the push for U.S. approval of breakthrough medicine Leqembi, will retire at the end of the month.
Japan Times
BUSINESS / Companies
Jun 7, 2023
AstraZeneca¡¯s Japan partner to go solo on future cancer drugs
Daiichi Sankyo is expanding its sales and development staff overseas, aiming to boost production capacity so that it can handle its cancer drugs business entirely on its own.
Japan Times
BUSINESS / Companies
Apr 27, 2023
Beer brewer Kirin strikes $1.2 billion deal for Australia¡¯s Blackmores vitamins
Kirin Holdings has agreed to buy Australian vitamin-maker Blackmores for 1.88 billion Australian dollars ($1.24 billion, ?165.9 billion) in cash, as part of a push by the 911±¬ÁÏÍø brewer into health products to reduce its reliance on beer.
Japan Times
BUSINESS / Companies
Apr 20, 2023
Ajinomoto may build new factory for crucial film used in electronic chips
The company may invest more than its planned ?25 billion if necessary, and will make a decision on any new factory within a few years, its CEO has said.
Japan Times
BUSINESS
Apr 10, 2023
Japan Inc. sells record short bonds amid BOJ tightening bets
Issuance of yen corporate notes due in five years or less reached an unprecedented ?7.4 trillion ($56 billion) in the fiscal year that ended March 31.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven¡¯s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Private clubs quietly open in Tokyo for free-spending Chinese businesspeople
Sources say a hui suo ¡ª a private club, which in Japan caters mainly to Chinese businesspeople ¡ª will soon open on the upper floors of the Moutai Building in the Ginza district of Tokyo.
Electronic dictionary market shrinking in Japan
An electronic dictionary section at a mass retailer in Tokyo's Shinjuku Ward in 2005
Tokyo gears up for April launch of law against harassment by customers
Tokyo will soon require all companies in the city to make efforts to stop harassment by customers, such as by creating a manual on how to handle suspected cases.
IOC's Bach says Paris Games gender row was product of Russian fake news
IOC President Thomas Bach speaks during an interview in Pylos,?Greece, on Saturday.
As it turns 70, LDP struggles to find its fountain of youth
Prime Minister Shigeru Ishiba (second from left) cheers along with other members of the Liberal Democratic Party during the party's annual convention in Tokyo on March 9.
How Yoshinobu Yamamoto rebounded after his disastrous MLB debut
The Dodgers' Yoshinobu Yamamoto during training at Tokyo Dome on Monday
Japan¡¯s youth climate activists still searching for a breakthrough
While climate demonstrations around the world often draw thousands of participants, in Japan such demonstrations rarely break the 100-person barrier.
As it turns 70, LDP struggles to find its fountain of youth
Prime Minister Shigeru Ishiba (second from left) cheers along with other members of the Liberal Democratic Party during the party's annual convention in Tokyo on March 9.
As pollen season peaks, 911±¬ÁÏÍø allergy struggle emerges from hibernation
Urbanization is amplifying pollen-related allergies as grasslands and soft soil give way to concrete and asphalt.
Drones, budgets and infighting: Taiwan's daunting defense challenges
Officials from Taiwan's Institute for National Defense and Security Research (INDSR), the Ministry of National Defense¡¯s research arm, say the lessons from the Ukraine conflict are clear for the democratic island: drones and other autonomous systems are crucial for its defense.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

Passengers that were on a morning train attacked by members of the Aum Shinrikyo group wait for medical assistance outside Kasumigaseki Station on March 20,1995.
The day a religious cult brought terror to Tokyo
By Alex K.T. Martin

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