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☆ Why this snowy Japanese island is a food lover’s paradise
▼ + stars: | 2024-03-07 | by ( Milly Chan | ) edition.cnn.com time to read: +10 min

Hokkaido, Japan CNN —Hokkaido, Japan’s northernmost main island, is unlike anywhere else in the country. Chef Tomoyuki Takao in the kitchen of his eponymous Hokkaido restaurant. “I realized that the indigenous Ainu people were the most knowledgeable about the forest,” Takao says. It was the first Japanese wine ever served in the iconic restaurant Noma in Copenhagen, and is a firm favorite on Takao’s wine list. The ocean’s winter bountyVideo Ad Feedback Discover why these clams taste best in winter 06:25 - Source: CNNSeafood is an integral part of Hokkaido’s food culture.

Persons: Tomoyuki Takao, CNN “, “, ” Takao, Takao, ”, Sonoko Fukae, “ I’ve, Yu Uchida, Uchida, ” Uchida, Japow isn’t, Soga, Yoichi, Soga’s, ” Takahiko, Akio Kashiwamura, ” Kashiwamura, Kashiwamura, doesn’t, Akemi Yokoyama, Kazuki Akazawa, Akazawa, it’s Organizations: CNN, Japan CNN, Michelin, European, Ebetsu, ”, CNN Seafood Locations: Hokkaido, Japan, Sapporo, French, Honshu, Shikisai, Copenhagen, Takao, Burgundy, France, Okhotsk, ”, Notsuke, Tomakomai

The world's top-selling automaker reported a record operating profit of 1.44 trillion yen ($9.5 billion) in the three months to end-September, a 155.6% increase from a year earlier. It lifted its full-year profit forecast to 4.5 trillion yen from 3 trillion yen, largely due to favourable effects from foreign exchange rates. Toyota expects the weaker yen to account for 1.18 trillion yen of the revision to the full-year profit. The new projection compared to analysts' average forecast of 4.0 trillion yen. Toyota assumed an average rate of 141 yen per dollar in its calculations for the 2023/24 financial year compared to 125 yen previously.

Persons: Issei Kato, Yoichi Miyazaki, Daniel Leussink, David Dolan, Muralikumar Organizations: Toyota, Japan, REUTERS, Nissan, Honda, EVs, Nikkei, Thomson Locations: Tokyo, Japan, TOKYO, United States, Asia, China, Southeast, Thailand, North Carolina

☆ Japan says it has 'legal right' to destroy any foreign balloon in its airspace
▼ + stars: | 2023-02-09 | by ( Julian Ryall | South China Morning Post | ) www.businessinsider.com time to read: +5 min

Japan's defence minister says it would have the legal right to destroy any balloon that enters its domestic airspace. Defence Minister Yasukazu Hamada said on Tuesday under existing laws, Japan would have the legal right to destroy any balloon that intrudes into its domestic airspace. "Intrusions into Japan's territorial airspace constitute a violation, even if it is a balloon," the Yomiuri newspaper quoted Isozaki as saying. In the future, it may be possible to use lasers or other technology to bring a balloon to earth, he suggested. Japan uses balloons for weather observations, but the prevailing winds mean that they typically travel east, over the Pacific, rather than over mainland Asia.

The draft annual tax-code revision seen by Reuters is expected to be approved by Kishida's cabinet on Friday. read moreUnder his flagship initiative aimed at redistributing income, Prime Minister Fumio Kishida has sought to shift Japan's 2,000 trillion yen ($14.52 trillion) in household assets away from savings and into investment. As part of this initiative, the government will make permanent a programme that offers tax breaks for households' stock investments. "It will be implemented at "an appropriate time" from 2024 onwards," LDP tax panel head Yoichi Miyazawa told reporters on Thursday. Tobacco tax will be also raised in stages by 3 yen per cigarette, the draft showed.

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