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A Spirit Airlines Airbus A321 aircraft is seen parked  at Luis Munoz Marin International Airport in Carolina, Puerto Rico, on Monday.
BUSINESS / Companies
May 3, 2026
Spirit ends operations after White House bailout collapses
All Spirit flights have been canceled and passengers have been advised not to go to the airport after the airline failed to secure a deal with the Trump administration for funding.
Yokohama-based Nissan Motor on Thursday told dealers and parts suppliers in the U.S. of its decision to cancel plans to make a pair of fully electric sport utility vehicles at its Canton plant in Mississippi.
BUSINESS / Companies
May 1, 2026
Nissan cancels plan to build electric SUVs at Mississippi plant
The Yokohama-based automaker attributed the decision to waning demand among American consumers for all-electric vehicles.
Japan has cut dependence on the Middle East for its liquefied natural gas in recent years, but utilities remain exposed to the cost of importing fuel.
BUSINESS / Companies
May 1, 2026
Japanese utilities withhold earnings guidance amid fuel volatility
The war in the Middle East has driven a 70% increase in LNG prices in Asia, while the Strait of Hormuz remains effectively closed.
Yoshimitsu Kobayashi, chairperson of Tokyo Electric Power Company Holdings, speaks at a news conference on executive appointments in Tokyo on Thursday.
BUSINESS / Companies
May 1, 2026
Japan Investment Corp. chief Yokoo named Tepco chairperson
Keisuke Yokoo, 74, will be the fifth person in a row to serve as Tepco chairperson from outside the power supplier and the first from the financial industry.
Components for Murata's Echorb Wonder Stone device. The company is the world¡¯s leading supplier of multilayer ceramic capacitors, essential components for every device that uses electricity because they regulate power flow.
BUSINESS / Companies
Apr 30, 2026
Murata beats profit estimates as AI data-center demand strains production
The company says it is struggling to catch up with runaway demand for its multilayer ceramic capacitors, sought by U.S. hyperscalers for artificial intelligence data centers.
PAG President and co-founder Jon-Paul Toppino says competition for property investment in Japan has intensified as more global firms enter the market.
BUSINESS / Companies
Apr 30, 2026
PAG beefs up Japan investment with $13 billion in targeted deals
The Asian alternative asset manager plans to invest in real estate and private equity in the next three to four years.
A Citibank branch in Tokyo. Citigroup is looking to expand its client-driven businesses in Japan, according to its local head.
BUSINESS / Companies
Apr 30, 2026
Citi¡¯s Japan banking head seeks expansion despite talent crunch
The Wall Street bank is chasing double-digit revenue growth in client-driven businesses and wants to rank among the top three foreign banks across key operations in Japan.

Longform

Projects like the BuddhaBot aim to re-create dialogue once lost to time, raising questions about whether AI can extend the teachings of Buddha or merely simulate them.
Can AI replace a priest? Japan¡¯s temples and shrines are testing the limits.

SUSTAINABLE JAPAN