📰 Nikkei Asia · 90
JapanTEPCO eyes capital tie-up with five groups including SoftBank
Tokyo Electric Power Co. Holdings (TEPCO) is negotiating a capital tie-up with five partners, including SoftBank, Japan Industrial Partners (JIP), and three foreign investment groups. The partners are beginning a more detailed due diligence process.
Japan targets $65bn in public-private physical AI investment by 2040
Japan has announced plans to invest $65 billion in public-private partnerships focused on artificial intelligence infrastructure by 2040. The initiative aims to strengthen Japan's position in the global AI landscape through collaboration between government and private sector entities.
Optical cable maker WCFO to add Cambodia capacity amid AI boom
WCFO, an optical cable manufacturer, plans to expand its operations into Cambodia to meet growing demand driven by the artificial intelligence industry.
Agreement on ceasefire between Israel and Hezbollah
Israel and the Iran-aligned group Hezbollah in Lebanon have reportedly agreed to a ceasefire starting at 4:00 PM local time. This was confirmed by a senior Israeli representative, two Hezbollah representatives, and a U.S. official. The agreement was mediated by the United States and Qatar with support from Iran. Prior to this, intense exchanges between Israel and Hezbollah had threatened the framework agreement aimed at ending the Iran war shortly after its signing. The Lebanese Health Ministry reported at least 21 deaths from new Israeli attacks in southern and eastern parts of the country. A
AI video startup PixVerse scores 'Captain Tsubasa' license during World Cup
PixVerse, an AI video startup supported by Alibaba, has acquired the rights to include characters from the Japanese soccer manga and anime series 'Captain Tsubasa' in its platform. This allows users to create videos featuring the franchise during the FIFA World Cup.
China says Australia has reached beef quota, triggering 55% tariff
The Chinese government has announced that it has reached its annual import quota for Australian beef, leading to the implementation of a 55% tariff on Australian beef imports effective Saturday. This move is expected to put pressure on Australian producers to seek alternative markets.
China's tobacco monopoly warns of profit hit from reduced US leaf imports
China's state-owned tobacco monopoly has warned of a significant drop in profits for the first half of the year due to reduced imports of U.S. tobacco leaves, which it attributes to ongoing trade tensions between China and the United States.
Largest Thai hospital group plans $800m wellness hub in Bangkok
Thailand's largest hospital operator, Bangkok Dusit Medical Services (BDMS), plans to develop a high-end wellness residence in Bangkok. The 45-story facility targets both the local aging population and wealthy foreign residents.
Reliance Jio to file documents for IPO, expected to be India's largest
Reliance Jio, India's largest telecom and internet company, plans to file draft papers for a public offering with the country's markets regulator. The company, owned by billionaire Mukesh Ambani, aims to issue up to 270 million shares as part of its initial public offering (IPO).
US dropping of 'Indo' from Pacific Command adds pressure on India ties
The article discusses recent developments affecting U.S.-India relations, including the U.S. decision to drop 'Indo' from the name of its Indo-Pacific Command and incidents like the killing of three Indian sailors during American strikes in the Gulf of Oman. These events have contributed to tensions despite recent diplomatic efforts by U.S. President Donald Trump and Indian Prime Minister Narendra Modi.
The AI boom is quietly choking people in East Asia
The article discusses the environmental and social impacts of the AI boom in East Asia, focusing on issues such as resource consumption and labor conditions.
Cambodian court tightens restrictions on prominent political activist
Cambodia's Supreme Court has extended restrictions on political activist Rong Chhun, preventing him from participating in political activities. Opposition groups argue this reinforces the lack of democratic freedoms in Cambodia.
Hong Kong pushes Beijing's bay area dream as it advances first 5-year plan
Hong Kong has begun a two-month public consultation period on its first Chinese-style five-year plan, which aims to align the city more closely with Beijing's goals, especially regarding the development of the Greater Bay Area. The plan is expected to be finalized in the third quarter.
Japan's Zipair ties up with Bic Camera to expand wagyu sales to tourists
Zipair Tokyo, a budget airline owned by Japan Airlines, has partnered with Bic Camera to offer tourists the ability to order and purchase premium wagyu beef at Bic Camera's physical stores in Tokyo's Akihabara electronics district. The expanded service is currently available for travelers heading to Singapore and the United States.
Months after scam crackdown, thousands remain stuck in Cambodia
Thousands of foreign workers who were tricked or trafficked into scam centers in Southeast Asia remain stranded in Cambodia, unable to afford flights back home. Many are detained in immigration facilities or living on the streets, struggling with limited access to food and resources.
Japan parades IP 'treasures' at Cannes Film Festival
Japanese intellectual property was highlighted at the Cannes Film Market in May, showcasing Japan's increasing global cultural influence. The festival recognized Japan as its Country of Honour, featuring events focused on the expansion of its intellectual property rights industry. Japanese filmmakers also played a significant role at the festival, with three films competing for the Palme d'Or.
Nippon Life's early SpaceX bet may deliver billions in profit
Nippon Life Insurance, Japan's largest life insurer, holds a significant stake in SpaceX, founded by Elon Musk in 2002, through a venture capital fund. The investment, made over 10 years ago, is now generating a potential paper profit of up to $3 billion.
South Korea World Cup fever masks looming broadcast turmoil
The article discusses the growing excitement around South Korea's participation in the World Cup, while highlighting potential challenges facing broadcasters due to increased demand and production costs.
Kazakhstan enters rare earths, minerals race as China alternative
Kazakhstan is positioning itself as an alternative to China in the global rare-earth minerals market. The Central Asian nation possesses significant mineral deposits and mining expertise, though challenges remain in processing these resources. Currently, China dominates the sector, controlling 70% of global rare-earth production and 90% of processing and refining.
India's private nuclear energy players warned over rushing into sector
Veterans of India's nuclear industry, including former regulators and heads of state power companies, have advised private firms like Adani Group and Tata Group to proceed cautiously when entering the nuclear energy sector following the government's decision to open it to private participation. The warnings emphasize the importance of establishing safety mechanisms, building public trust, and developing necessary expertise.
Myanmar's Min Aung Hlaing under the gun after China applies pressure
The article discusses Myanmar's President Min Aung Hlaing facing pressure from China to achieve peace with ethnic armed organizations (EAOs). It references a meeting between Chinese President Xi Jinping and Min Aung Hlaing, where Xi reportedly urged the Myanmar leader to take the 'right path.' The article notes that Min Aung Hlaing has been working toward peace agreements with EAOs since taking office in April.
Corporate Japan warns of new normal for supply chains after US-Iran deal
Japan's corporate sector and analysts warn that supply chain disruptions caused by the U.S.-Iran conflict are unlikely to return to pre-conflict levels soon, with expectations of continued higher prices and simplified product packaging.
Geely seeks to double Zeekr sales abroad, eyeing Malaysia output
Geely Automobile Group, based in China, plans to start producing electric vehicles at Malaysian partner Proton's factory as early as the first half of 2027. The move aims to capitalize on increased demand driven by an oil crisis, as domestic sales of its premium EV brand Zeekr have slowed.
Germany's Rheinmetall to start talks on Japan production 'soon': CEO
German defense company Rheinmetall is considering establishing its first defense-related production facility in Japan, potentially through a joint venture with a Japanese company that could facilitate exports.
Chinese Nvidia supplier pours $700m into Vietnam plant
Zhongji Innolight, a Chinese supplier of optical components for Nvidia and Google, will invest $700 million in a new plant in Vietnam's Bac Ninh province. This move comes amid increased demand for AI infrastructure, which is putting pressure on data center supply chains.
ASEAN uses Russia summit to boost energy ties
ASEAN leaders met with Russian President Vladimir Putin during a summit in Kazan, where they discussed deepening energy cooperation. The meeting marked the first in-person ASEAN-Russia summit in eight years and came amid ongoing global energy challenges.
Japan's conservatives are putting the monarchy at risk
The article discusses Japan's ongoing debate over royal succession, highlighting public support for reform and the resistance from traditionalists who want to maintain male-only inheritance. It references Princess Aiko, the daughter of Emperor Naruhito and Empress Masako.
Hitachi Energy to buy Canadian transformer materials supplier Canduct
Hitachi Energy plans to acquire Canduct, a Canadian supplier of transformer materials and parts, in order to secure North American production capacity and meet growing demand from North American data centers.
Japan's Itoham to buy New Zealand meat processor Greenlea in $460m deal
Itoham Yonekyu Holdings, a Japanese food company, announced plans to acquire New Zealand meat processor Greenlea Group in a $460 million deal. The acquisition aims to enhance Itoham's beef exports to the United States and Europe and expand its global operations.
Japan ruling party weighs end to 'mechanical' primary balance targets
Japan's ruling Liberal Democratic Party (LDP) has proposed ending the use of annual 'mechanical' primary balance targets in favor of a more flexible approach based on debt-to-GDP ratios. The draft policy aims to move away from 'excessive austerity' and increase investment in the country's future.
Did Trump team stop Nippon Steel from shuttering aging U.S. Steel plant?
The article discusses Nippon Steel's experience since acquiring U.S. Steel, noting that while the federal government's 'golden share' can influence the company, building relationships with officials and engaging with the public are crucial. It suggests that Nippon Steel may have allowed the U.S. government to take credit for preventing the closure of an aging U.S. Steel plant to maintain ongoing dialogue.
Japan builder Obayashi buys peer Multiplex Global for $540m
Japanese construction firm Obayashi has agreed to acquire Multiplex Global, an Australian-based builder with operations in the U.K. and Canada, for approximately $540 million. The acquisition is part of Obayashi's global expansion strategy aimed at compensating for declining domestic demand.
Japan eyes 'continuous' AI legal reforms to counter Mythos-level threats
Japan plans to actively and continuously review AI-related laws to improve its response capabilities against threats posed by advanced AI models like Anthropic's Claude Mythos, according to a newly released government draft policy.
Australia aims to cool sports betting fever with ad ban plan
Australia is considering banning advertisements for non-race sports betting to address concerns over rising gambling expenditure. Non-race sports betting has grown rapidly and now exceeds lottery spending in net terms. The policy proposal comes amid calls for stricter regulations to manage what is described as the world's largest gambling losses.
Alibaba's cloud arm opens 5th Japan data center, adding new AI services
Alibaba Cloud has opened its fifth data center in Japan, expanding its presence in the country. The new facility offers advanced AI services tailored for Japanese businesses.
Beanless coffee race heats up in Japan as Coca-Cola wades in
Japanese beverage companies are exploring alternatives to traditional coffee due to concerns over the future availability of coffee beans caused by climate change.
Japan's Cosmo sticks with Middle East oil, betting on Hormuz reopening
Japanese energy company Cosmo Energy Holdings has decided to continue investing in oil production in the Middle East, despite existing supply risks. The company anticipates a future reopening of the Strait of Hormuz and plans to invest $1.9 billion in resource development to meet long-term demand.
At least 6 oil tankers sail through Hormuz following US-Iran deal
Following the signing of a U.S.-Iran memorandum of understanding aimed at halting hostilities, ship traffic through the Strait of Hormuz has begun to resume. At least six oil tankers have been confirmed to have passed through the strategic waterway. Crude oil prices have fallen to below $74 per barrel, marking the first time since early March that they have reached this level.
Renesas buys US chip design startup Pictorus, bolstering software business
Japanese chipmaker Renesas Electronics has acquired U.S. chip design software developer Pictorus. The acquisition aims to enhance Renesas' software operations as part of its strategic business development.
India's regional aviation ambitions stall on Iran war disruption
Indian cities have experienced significant reductions in flight departures as airlines reduce operations due to rising fuel costs and supply chain disruptions caused by the ongoing U.S.-Iran conflict. This has exposed weaknesses in the government's plan to boost regional connectivity through aviation.
Malaysian gold retailers squeezed on capital to acquire precious metal
Malaysia's gold retailers are facing challenges due to rising gold prices, which require them to invest more upfront capital to maintain inventory levels. Despite increased profits, the higher costs are straining their working capital. A major gold retailer and industry observers note this trend.
Battery storage costs fall below gas-fired power plants for first time
Battery storage station construction and operational costs have dropped below those of gas-fired power plants for the first time. This shift is attributed to a 40% decline in battery prices in 2025, driven by overproduction in China and reduced demand for electric vehicle batteries. The article notes that Chinese companies like BYD dominate the global automotive battery market but are increasingly focusing on battery storage production.
OpenAI to launch ChatGPT advertising service targeting users in Japan
OpenAI plans to introduce an advertising service for its AI chatbot, ChatGPT, specifically targeting users in Japan. The article mentions this development but does not provide further details on the nature of the service, potential partners, or expected launch date.
Marvell to use TSMC's next-gen 1.4-nm chip tech to stay in AI data race
Marvell President Chris Koopmans stated that the company is collaborating with TSMC to utilize the latter's advanced A14 chip production technology for future products. The focus is on high-speed connectivity as a critical factor in the development of supercomputing capabilities, particularly for AI data centers.
Malaysia's Genting plans $20bn smart city in Johor-Singapore special zone
Malaysian property and leisure conglomerate Genting has announced a $20 billion smart city project in Johor, including an AI research facility. The initiative aims to attract global professionals and is part of increasing technology investments in the region.
Taiwan's refusal to accept China's rule isn't a 'provocation,' Lai says
Taiwan's President Lai Ching-te expressed hope that the United States would soon approve new arms sales to Taiwan. He emphasized that Taiwan's defense policies and stance against Chinese rule are not meant to provoke tensions.
Philippines central bank hikes rate to contain inflation
The Philippine central bank increased its main interest rate by 25 basis points to address ongoing inflation, which has been primarily driven by high fuel prices linked to the Iran war. The central bank continues to implement tighter monetary policies to control inflation.
Woodside sees LNG, oil sales rising 50% as investments from US to Australia pay off
Woodside Petroleum, an Australian energy company, reports a significant increase in liquefied natural gas (LNG) and oil sales, attributing this growth to investments from the United States into Australia. The article highlights the financial benefits of these cross-border investments and their impact on Woodside's performance.
Uber bets on its global repute in Nepal's crowded ride-hailing sector
Uber Technologies has entered Nepal's ride-hailing market, competing with over 30 domestic and foreign companies. The company hopes to leverage its global brand recognition, tourist familiarity, and local partnership strategy to succeed in a market that lacks clear regulatory guidelines.
Asian shares shrug off Wall St blues following signing of U.S.-Iran deal on ending the war
Asian stock markets rose sharply on Thursday, with Japan's Nikkei Stock Average reaching new highs, following the announcement of a preliminary U.S.-Iran agreement aimed at ending hostilities. The deal includes provisions for Iran to reduce its stockpile of highly enriched uranium and allows Iran to sell oil without U.S.-imposed sanctions. The market reaction was attributed to optimism about economic recovery and lower oil prices.
Indonesia's central bank hikes rates again, totaling 1% in span of a month
Indonesia's central bank increased its benchmark interest rate by 0.25% to 5.75%, marking the third rate hike in 30 days aimed at stabilizing the rupiah and preventing capital outflows.
Tokyo Electron chief sees edge despite China's chip self-sufficiency drive
Tokyo Electron President and CEO Toshiki Kawai discusses China's efforts to develop a self-sufficient semiconductor industry and expresses confidence in Tokyo Electron's ability to maintain its technological leadership.
AI boosts Samsung but batters IT jobs
The article discusses the 2026 FIFA World Cup and its impact on public sentiment, noting the contrast between sports events and ongoing geopolitical tensions. It mentions the Iranian team's situation and the potential U.S.-Iran deal, while touching on discussions about Japan's stance toward China.
Indonesian VC executives jailed for graft over failed startup investment
Four former executives of Indonesian state-owned venture capital firms were convicted of corruption and sentenced to prison terms ranging from two to five years for investing $25 million in a failed agricultural startup called Tanihub.
Oman trade pact gives India alternative energy gateway
India has activated a trade deal with Oman that provides an alternative energy gateway, reducing reliance on the Strait of Hormuz amid ongoing disruptions caused by the U.S.-Israeli conflict with Iran. The deal aims to enhance India's oil security.
Tokyo eyes more affordable housing in Shibuya with zoning rule change
Tokyo plans to increase the development of affordable housing in central areas like Shibuya through changes to zoning rules. Developers who construct low-rent apartments—priced at approximately 20% below market rates—will receive incentives. This comes amid rising condominium rents in central Tokyo, which increased by about 8% year-on-year in May.
Japan's Takaichi to visit India with execs from Suzuki, Itochu and more
Japanese Prime Minister Sanae Takaichi is set to visit India's Assam state in early July, traveling with a delegation of over 50 business leaders from Japanese companies and organizations.
AI nation: Is it boom, bubble or both for South Korea?
This opinion piece by William Pesek examines South Korea's growing reliance on artificial intelligence (AI) as a central driver of its economic and technological strategy. The article discusses the rapid rise of the KOSPI stock index, linking it to investments in AI and questioning whether this growth represents a genuine boom or a speculative bubble. It highlights the increasing integration of AI into various sectors, including stocks, exports, and national policy.
SoftBank, Rakuten bonds draw Japan retail investors chasing returns
Japan's retail investors are increasingly purchasing corporate bonds from companies like SoftBank Group and Rakuten due to their higher yields, moving away from traditional investments such as stocks and investment trusts.
Yen falls after Fed decision, erasing intervention gains since April
The yen fell against the dollar following the U.S. Federal Reserve's decision to hold interest rates steady, undoing gains made through market interventions by the Japanese government and the Bank of Japan. The Bank of Japan recently raised its policy rate to 1%, but this move was largely anticipated, providing limited support for the yen.
From watches to sake, Japanese retailers try new tourist lures
Japanese retailers are adapting their strategies to attract tourists amid reduced Chinese spending following Beijing's travel warnings. The article highlights efforts by stores like Laox in Tokyo's Ginza district to lure international visitors with luxury items such as watches.
Japan's big banks weigh financing arms makers in break with past
Japanese major banks are reconsidering their policies on financing defense companies, moving away from a strict avoidance stance due to increased geopolitical tensions and the government's recent decision to allow the export of lethal weapons.
Wacoal taps bra-making tech for car armrests in BASF tie-up
Wacoal, a Japanese women's undergarment manufacturer, is expanding into the automotive interior business by collaborating with the Japanese unit of chemical producer BASF. The company plans to apply its Melooop technology, originally developed for forming bra cups, to create auto interior parts.
Sharp defense satellite receivers offer both low and geostationary links
Japanese electronics company Sharp is developing communications receivers for defense applications that can connect to satellites in various orbital positions, including low Earth orbit and geostationary orbit. The technology aims to provide more stable communication links and is expected to be commercially available by 2028.
SoftBank rolls out OpenAI 'patches' against cyberattacks
Japanese technology giant SoftBank Group Corp is launching a cybersecurity service using OpenAI technology to address vulnerabilities in critical infrastructure. The service targets Japan's top 3,000 companies involved in sectors like airports, power systems, and transportation. SoftBank CEO Masayoshi Son described Japan's cyberattack risk as a 'crisis,' comparing it to a potential assault with machine guns rather than rifles. The service includes diagnosing weaknesses and providing patches. OpenAI's Sam Altman was unable to attend due to the birth of his child, while Mark Chen attended in his
Japan's top defense contractor branches out into small interceptor drones
Japan's leading defense contractor, Mitsubishi Heavy Industries, is investing in the development of small interceptor drones. This move comes amid growing recognition of the importance of low-cost drones in recent conflicts such as those in Ukraine and the Middle East.
Analysis: 73-year-old Xi Jinping resists generational shift
The article discusses how 73-year-old Chinese President Xi Jinping is resisting a generational shift in leadership, suggesting he may remain in power beyond his current term.
A European nation wants to buy Japan's defense equipment, Koizumi says
The article mentions former Japanese Prime Minister Junichiro Koizumi stating that a European nation is interested in purchasing Japan's defense equipment.
Chinese electronics maker Longcheer bets on US growth
Chinese electronics manufacturer Longcheer Technology is focusing on AI-powered devices in the U.S. to drive growth, highlighting the significance of the American consumer market even with potential tariff uncertainties.
Yum China's $1.2bn Pizza Hut purchase draws cool response from investors
Yum China has agreed to acquire the mainland China operations of Pizza Hut from Yum Brands for $1.2 billion. The deal comes as part of a broader restructuring of the brand, with U.S. private equity firm LongRange Capital purchasing the remaining portion of the business for $1.5 billion.
Taiwan's top diplomat seeks tighter Philippine ties against China coercion
Taiwan's foreign minister, Lin Chia-lung, stated that Taiwan is increasing efforts to strengthen partnerships with the Philippines and other neighboring countries to counter China's growing maritime pressure. He emphasized that democracies should not ignore Beijing's actions at sea.
Coal prices soar on Indonesia export controls, China mine disaster
Thermal coal prices are increasing due to Indonesia's new export control measures and a recent mining accident in China that has halted operations. These developments are contributing to supply constraints, which are exacerbating existing demand pressures stemming from a liquefied natural gas (LNG) shortage linked to the ongoing Iran war.
Hanoi softens gasoline motorcycle curbs with phased rollout
Authorities in Hanoi, Vietnam, have introduced a revised plan to restrict gasoline-powered motorcycles, opting for a phased and less disruptive approach compared to previous proposals. The policy aims to address rising air pollution while managing the practical challenges of enforcing such restrictions in a city where motorbikes are a dominant mode of transportation.
Asian streaming services go big on microdramas and AI content
Major Asian streaming services such as ReelShort, Viu, and iQIYI are increasing their focus on microdramas and AI-generated content to attract and keep viewers in a competitive market. This was stated by top executives during an event in Bali, Indonesia.
Ukraine-Russia drone war turns UGVs into medevac lifeline
In eastern Ukraine, injured soldiers are increasingly relying on unmanned ground vehicles (UGVs) for evacuation due to the growing threat posed by FPV drones. A Ukrainian artilleryman from the 32nd Brigade was severely injured when an FPV drone struck his vehicle, leaving him with life-threatening injuries.
Nissan rolls out new compact SUV as it eyes sales revival in Japan
Nissan has introduced a new compact SUV model aimed at revitalizing its sales performance in the Japanese market.
'BOJ shadow governor' Bessent pushed for rate hike
The Bank of Japan increased its policy interest rate to 1%, the highest level in 31 years, despite initial resistance from Prime Minister Sanae Takaichi. This decision was influenced in part by U.S. Treasury Secretary Scott Bessent, who reportedly pressured Japanese officials to raise rates to prevent economic and financial instability.
China automakers leap forward in internal combustion engine tech
The article discusses advancements made by Chinese automakers in internal combustion engine technology, highlighting their progress in this area despite global trends toward electric vehicles.
Komatsu may follow rivals in raising prices in North America: CFO
Komatsu's Chief Financial Officer has indicated that the company may increase prices in North America, following similar moves by competitors. The decision comes amid ongoing inflationary pressures and supply chain challenges.
Samsung sees rising chip production requests from BYD, Google, AMD: sources
Samsung Electronics is seeing increased demand for its advanced chipmaking services from companies including BYD, Google, AMD, and Tesla, according to sources. This comes as the surge in demand for AI infrastructure is straining the production capacity of TSMC, the current market leader in semiconductor manufacturing.
Mynt, parent of Philippine e-wallet giant GCash, files for an IPO
Mynt, the parent company of Philippine e-wallet platform GCash, has filed for an initial public offering (IPO) on the Philippine Stock Exchange. The IPO is expected to generate significant interest in Philippine companies and the local stock market.
Lululemon issues China apology after Great Wall yoga event draws criticism
Lululemon has apologized after facing criticism in China for using a drum in a marketing campaign that resembled a Japanese taiko drum, amid heightened nationalistic sentiments. The incident highlights growing scrutiny on Western brands regarding cultural sensitivity in China.
Taliban forces 10-year-old Afghan girls into marriage
The article discusses the ongoing crisis in Afghanistan, focusing on the restrictions placed on Afghan girls, including the closure of schools and universities, limitations on employment, and the requirement to have a male guardian for travel. It highlights the case of a 17-year-old girl who was forced to leave her home and marry, eventually seeking refuge in a women's shelter in Kabul.
Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI
Nvidia CEO Jensen Huang emphasized the need for societal adaptation to the rise of artificial intelligence during an Associated Press interview. He argued that AI can drive economic growth and scientific progress while acknowledging concerns about job displacement and ethical challenges. Huang advocated for widespread adoption of AI tools and highlighted their practical applications in everyday tasks.
Japan music label Avex's Bruno Mars deal is part of $100m overseas push
Avex, a Japanese music label, has signed a deal with Bruno Mars as part of its $100 million strategy to expand internationally.
Japan ride-hailing app Go races toward robotaxis after successful IPO
Japanese taxi-hailing app operator Go has announced plans to accelerate its development of a robotaxi business following a successful initial public offering (IPO). The company's shares closed 10% above the offering price, providing capital to fund its autonomous driving initiatives.
Foreign activists take aim at bigger targets in corporate Japan
The number of activist campaigns in Japan has increased slightly, with 72 recorded between January and May 2026, up from 70 in the same period last year. The article notes that these campaigns are adopting an 'American style,' becoming bolder and more creative.
Why Kioxia is going easy on capex despite AI memory boom
The article discusses Kioxia's decision to maintain conservative capital expenditure (capex) strategies despite the growing demand for memory chips driven by the artificial intelligence (AI) industry. It explores potential reasons behind this cautious approach, including market uncertainties, supply chain challenges, and strategic considerations.
Japan's tourism hotspots turn to dual pricing as crowds swell
Japan's local governments are implementing dual pricing systems at historic sites and attractions to address issues caused by overtourism and the resulting damage to these locations. Himeji Castle in Hyogo prefecture is one example, where non-residents are being charged significantly more to cover maintenance costs.
ASICS boosts elite tennis gear with European R&D hub
ASICS, a Japanese sportswear manufacturer, has established a new research and development facility in Europe to enhance its tennis gear for elite athletes. The initiative involves collaboration with a sports science institution in France.