Japans

Japan celebrates during a FIFA World Cup Qatar 2022 Group E match against Germany at Khalifa International Stadium on Nov. 23, 2022 in Doha, Qatar.Brad Smith | ISI Photos | Getty Images Sport | Getty ImagesJapan stunned Germany with a late comeback in their World Cup opener, with goals from Ritsu Doan and Takuma Asano seeing them win 2-1 at the Khalifa International Stadium.Japan had never previously beaten their European opponents, but they capitalized on German errors and missed chances to secure a famous victory in the…

A woman browses a merchandise shop in Tokyo Dome ahead of the Japan Central League baseball match between Yomiuri Giants and Hiroshima Carp on October 14, 2020 in Tokyo, Japan.Carl Court | Getty Images Sport | Getty ImagesSports commerce platform Fanatics is expanding a recently signed long-term partnership with Nike to include manufacturing and distribution of merchandise for the Yomiuri Giants, Japan's most successful and popular baseball team.In addition to exclusive merchandising rights, Fanatics will operate…

TOKYO—Japan’s economy contracted for the first time in a year in the third quarter, reflecting increases in services imports and a sluggish recovery in private spending due to lingering fears over Covid-19 and rising prices.  The world’s third-largest economy after the U.S. and China shrank 0.3% in the three months to September from the previous quarter and contracted 1.2% on an annualized basis, which reflects what would happen if the third-quarter pace continued for a full year.…

Photo: Joesp Lago (Getty Images)Some of Japan’s leading tech companies are joining forces as part of a $500 million push by their host government to cement Japan’s status as leader in the advanced semiconductor space.Sony, SoftBank, and Toyota are among the firms working with chipmakers on a new initiative called “Rapidus” which aims to design and develop the new chips by the end of the decade, according to The Wall Street Journal. The diversity of the firms involved reflects the wide variety of chips needed to power the…

In the 1980s, American policymakers saw Japanese chip makers as their biggest threat. With a smile on her face, American Congresswoman Helen Delich Bentley took turns with fellow lawmakers to swing sledgehammers and smash a Toshiba stereo on the grounds of the Capitol. “Treachery by any other name is still treachery,”…

The Japanese government is discussing the possibility of remotely controlling privately owned ACs and water heaters in order to avoid power outages as the country switches to renewables. A solution for power outages in Japan? Nihon Keizai Shimbun reports that the Japanese government’s Energy Conservation Subcommittee of the Ministry of Economy, Trade, and Industry is considering measures to encourage the adoption of air conditioners and water heaters that can be adjusted remotely – so that the government itself…

Japan has been one of the world’s biggest buyers of U.S. Treasurys for years, helping to hold down borrowing costs for American businesses and consumers. Now that is changing.Signs are mounting that Japan’s government is selling short-term U.S. bonds, part of an effort to prop up its currency. At the same time, some Japanese institutional investors are racing to reduce their foreign bondholdings, including Treasurys. The shift is another example of inflation and rising rates altering investors’ long-held assumptions. The…

Schooling in Metaverse has lots of potential and Japan is the first country to take advantage of it Metaverse is making a name in every industry and education is no exception. To motivate students, particularly those who live far away from school, the Japanese city of Toda, Saitama, implemented a metaverse schooling service, as reported by Cointelegraph. The city of Toda chose schooling in the metaverse that allows kids to tour the campus and study in virtual classrooms. However, pupils must obtain permission from…

Square Enix says it needs to focus on hit “global” titles due to Japan’s ageing population and invest in blockchain, according to its 2022 annual report. Released earlier this week, Square Enix’s annual report said that the company needs to “revamp” their studio portfolio because “achieving major growth in the game industry is difficult now for companies that compete primarily in the Japanese market, given its graying demographics.” Earlier this year, it was reported that Japan has one of the highest proportions of older…

LMC Automotive’s (a GlobalData company) Asia-Pacific Analytics Team assesses the outlook for BEVs in Japan In H1 2022, BEV sales in Japan more than doubled to 17,780 units. Although this volume only accounts for 1 % of all passenger car sales, we can safely say that the Japanese market has finally started accepting BEVs. Until recently, and despite the global momentum of BEVs, they have not been well received by Japanese…