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August 09, 2025
 

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Chugai Pharmaceutical shares sank as much as 20% in Tokyo on Friday after a study revealed that an obesity drug it licensed to Eli Lilly & Co. resulted in lower weight loss and higher rates of nausea and vomiting than anticipated.
BUSINESS / Companies
Chugai stock drops the most since 1977 on disappointing obesity drug data
A study showed the drug, which it has licensed to Eli Lilly & Co., resulted in lower weight loss and higher rates of nausea and vomiting than anticipated.
BUSINESS / Companies
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
BUSINESS / Companies
TSMC trade secrets leak puts Tokyo Electron in hot seat
The Japanese supplier of chipmaking tools is struggling to address the potential fallout after a former employee was implicated in the case.
An electric air taxi from Joby Aviation flies near the Downtown Manhattan Heliport in Manhattan, New York City, in November 2023.
BUSINESS / Companies
Aug 8, 2025
Electric 'air taxis' could debut in Japan from 2027
All Nippon Airways says it is partnering with California-based Joby Aviation to deploy more than 100 of the five-seater aircraft.
Workers inspect brand tags on apparel ready for packaging at a textile factory in the southern state of Andhra Pradesh, India, in February 2022. Larger textile manufacturers in the country are grabbing smaller, low-value orders to keep their factories running and avoid shutdowns amid U.S. tariffs.
BUSINESS / Companies
Aug 8, 2025
Indian exporters weigh options to handle U.S. levy that¡¯s 'worse than COVID¡¯
By Satviki Sanjay
U.S. President Donald Trump's decision to double tariffs will make India-made apparels to generic drugs prohibitively expensive and can heavily disrupt exports.
Toyota Motor vehicles displayed for sale at one of the company's dealerships in Tokyo. The carmaker reported operating income of ?1.17 trillion in the first quarter, down 11% from a year earlier.
BUSINESS / Companies
Aug 7, 2025
Toyota braces for ?1.4 trillion dent in operating income under U.S. tariffs
The carmaker reported operating income of ?1.17 trillion in the first quarter, down 11% from a year earlier, with a tariff impact of ?450 billion.
Sony¡¯s music unit has grown to be a reliable pillar of the group, bringing in a steady flow of revenue as opposed to the company¡¯s more prominent consumer electronics, PlayStation and image sensors.
BUSINESS / Companies
Aug 7, 2025
Sony lifts outlook on entertainment demand despite tariff threat
By Takashi Mochizuki
The company now expects its operating profit for the year ending March to reach a total of ?1.33 trillion, compared with a previous forecast of ?1.28 trillion.
Tokyo Electron is one of the largest suppliers of semiconductor fabrication tools and gear to TSMC.
BUSINESS / Companies
Aug 7, 2025
Tokyo Electron fires worker suspected of stealing TSMC tech
By Takashi Mochizuki
Taiwan prosecutors arrested six at TSMC on suspicion of intellectual property theft this week, including an individual who was identified as a former Tokyo Electron staffer.
The average wage hike rate among major Japanese firms this year hit 5% for the second straight year.
BUSINESS / Companies
Aug 7, 2025
Major Japan firms set record with pay hikes above 5% for second year
This year's average raise of 5.39% was the second biggest since comparable data became available in 1976.
A wave of corporate governance and capital policy reforms in Japan has led to an increase in buyouts by investment funds, management and founders.
BUSINESS / Companies
Aug 7, 2025
Japanese liquor maker Yomeishu is said to consider going private
By Hideki Suzuki, Takako Taniguchi and Taro Fuse
A wave of corporate governance and capital policy reforms in Japan has led to an increase in buyouts by investment funds, management and founders.

91²Ö¿â inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a ¡°reciprocal¡± tariff rate ceiling for Japan in the trade deal.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Biggest drop in Japanese nationals seen alongside record high in foreign residents
A street in Tokyo's Shinjuku district on Wednesday
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Australia's warship selection signals Japanese defense industry's arrival
The Maritime Self-Defense Force's Mogami-class frigate. Australia's selection of an upgraded version of the Mogami-class warship for its next frigate class could prove to be a watershed moment for Japan¡¯s defense industry.
91²Ö¿â inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba¡¯s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.

Podcast

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

Longform

Koichi Tagawa¡¯s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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