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☆ Koji Sato, incoming Toyota CEO, must navigate shift to clean energy
▼ + stars: | 2023-01-26 | by ( Sakura Murakami | ) www.reuters.com time to read: +3 min

Currently the CEO of Toyota's luxury brand Lexus, Sato will succeed Akio Toyoda as the CEO of Toyota on April 1. Under Toyoda, the automaker has followed a go-slow approach to electric vehicles, arguing that the hybrid technology it pioneered with the Prius will remain important along with investments in hydrogen. Sato started his career at Toyota in 1992, before rising through the ranks to become chief engineer of Lexus International in 2016, according to his profile on the Toyota website. That passion was obvious in a brief video clip released in 2021, where Sato sits next to Toyoda as they test-drive a Toyota Lexus. As Toyoda accelerates and whoops excitedly, Sato can be seen with a wide grin and occasionally laughing, unable to contain his delight.

☆ Thirteen crew rescued after ship sinks off Japan, search on for 9 missing
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

The vessel, the 6,651-tonne Hong Kong-registered "Jintian", issued a distress call late on Tuesday, the Japan Coast Guard said. A Coast Guard spokesperson said winds were strong at the time the distress signal was received at around 11:15 p.m. on Tuesday. The Coast Guard "is also seeking cooperation from the Self-Defense Forces, South Korean Coast Guard, and vessels sailing near the waters," Matsuno said at a regular news conference. He said the five crew members who were rescued were all Chinese but had no further information on their condition. A Japan Coast Guard spokesperson told Reuters the Japan Air Self-Defense Force and the Korea Coast Guard rescued another eight members of the crew.

☆ Heavy snow, deep cold halts transport across Japan, at least one dead
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

[1/2] A train is stranded at Nishioji station in Kyoto, Japan in this photo provided by Kyodo on January 25, 2023. Mandatory credit Kyodo/via REUTERSTOKYO, Jan 25 (Reuters) - Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations and disrupting train travel, leaving at least one person dead. An unusually cold weather front and extreme low pressure systems set snow falling and strong winds blowing across Japan from Tuesday. Snow was particularly heavy on the side of the nation facing the Sea of Japan, with the city of Maniwa in western Japan hit with a record 93 cm (36 inches) in the 24 hours to 8:00 a.m. (2300 GMT) on Wednesday. Strong winds connected to the storm may have caused the sinking of a Hong Kong-registered cargo ship between western Japan and South Korea's Jeju island early on Wednesday.

☆ Heavy snow causes havoc in Japan as cold snap sweeps through Asia
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +3 min

TOKYO, Jan 25 (Reuters) - Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations, disrupting train travel and leaving at least one person dead. An unusually cold weather front and extreme low pressure systems set snow falling and strong winds blowing across Japan from Tuesday after causing havoc in other Asia countries earlier this week. Some 3,000 people were stranded at two train stations in the western city of Kyoto after snow and high winds forced service to be suspended on Tuesday. Strong winds connected to the storm may have caused the sinking of a Hong Kong-registered cargo ship between western Japan and South Korea's Jeju island early on Wednesday. Reporting by Kaori Kaneko, Sugiyama Satoshi and Elaine Lies in Tokyo and Hyonhee Shin in Seoul, writing by Elaine Lies and Miyoung Kim Editing by Chang-Ran Kim, Kim Coghill and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

☆ In a Tokyo supermarket, signs of struggle for Japanese business
▼ + stars: | 2023-01-20 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

TOKYO, Jan 20 (Reuters) - Japanese supermarket owner Hiromichi Akiba has built his bustling business through close ties with his neighbourhood - the reason, he says, he can't make the price hikes on his wares that would allow him to give his workers a pay rise. "If we were able to pass our costs on by raising prices, we couldn't look our customers in the eyes." To a casual observer, Akiba's business, which he began 31 years ago with a single supermarket and has since expanded into several, is doing well. On a recent weekday afternoon it bustled with customers ranging from young mothers pushing prams to older women using canes. [1/4] Hiromichi Akiba (54), owner of six supermarkets in Tokyo, works at his supermarket named Akidai in Tokyo, Japan January 20, 2023.

☆ First raise for Japan day labourer in 20 years, but McDonald's out of reach
▼ + stars: | 2023-01-20 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

TOKYO, Jan 20 (Reuters) - Masami Fujino got his first raise in 20 years recently, but it's still not enough to let the Tokyo day labourer treat himself to plain McDonald's hamburgers as much as he used to. "Last year, I finally got a bit of a raise at one place," said the 54-year-old, who works for a moving company and in construction. "It brought me up to minimum wage there at last," 1,072 yen ($8.31) an hour in Tokyo. But many of the small and midsize firms that employ the vast majority of Japanese workers cannot keep up. When they raise pay for their salaried workers, they need to cut back in other places.

Yet the small companies that provide most of Japan's jobs generally can't increase pay, business owners, economists and officials say. Battered by the pandemic, small firms now struggle to pass on higher costs out of fear of losing customers. They feel they have no choice but to put up with impossible demands from big companies." The trend is most apparent in industries with many small suppliers. The fair trade watchdog last month named 13 big companies it said refused to accept higher prices from suppliers.

☆ Thousands sign petition to save 'sacred' Japan stadium where Ruth once played
▼ + stars: | 2023-01-17 | by ( Elaine Lies | ) www.reuters.com time to read: +2 min

TOKYO, Jan 17 (Reuters) - Thousands of baseball fans have signed a petition to save an iconic Tokyo stadium nearly a century old where Babe Ruth once played and which inspired best-selling author Haruki Murakami to first pick up a pen. "The citizens of Tokyo are going to regret it," said Robert Whiting, who has written books on Japanese baseball and who over the weekend started an online petition to save the stadium, which "reeks of history." "They're going to lose a really beautiful, quiet, relaxing spot and a great place to watch a baseball game," he told Reuters. Babe Ruth and Lou Gehrig played there in 1934 as part of a Japanese tour, making the stadium only one of a handful remaining where Ruth played. By noon on Tuesday, Whiting's petition, addressed to Tokyo governor Yuriko Koike and several others, had almost 10,000 signatures.

The holiday, known before the pandemic as the world's largest annual migration of people, comes amid an escalating diplomatic spat over COVID curbs that saw Beijing introduce transit curbs for South Korean and Japanese nationals on Wednesday. The virus is spreading unchecked in China after Beijing abruptly began dismantling its previously tight curbs in early December following historic protests. Among them, South Korea and Japan have also limited flights and require tests on arrival, with passengers showing up as positive being sent to quarantine. COUNTING DEATHSSome of the governments that announced curbs on travellers from China cited concerns over Beijing's data transparency. Annual spending by Chinese tourists abroad reached $250 billion before the pandemic, with South Korea and Japan among the top shopping destinations.

Kishida, who will host a summit of the Group of Seven (G7) industrial powers in May, will meet leaders of the United States, Britain, France, Italy and Canada this week. "As leader of the G7 chair this year, I'll be making this visit to reaffirm our thinking on a number of issues," Kishida told a Sunday news programme. "With the United States, we'll discuss deepening our bilateral alliance and how to maintain a free and open Indo-Pacific." On semiconductors, Japan and the United States are deepening cooperation on advanced chip development amid growing trade tension with China. "Holding a successful G7 summit would bring him maximum political points - and this trip is preparation for that," said Airo Hino, a political science professor at Waseda University.

Summary FY2023/24 budget likely hit record amount for 11th yearGovt to curb new JGB issuanceTax revenue seen hitting record above 69 trln yenTOKYO, Dec 20 (Reuters) - Japan will issue around 35.5 trillion yen ($258.52 billion) in new government bonds for the fiscal 2023/24 annual budget, government sources told Reuters on Tuesday, adding to the industrial world's heaviest public debt. The new borrowing is less than the 36.9 trillion yen last year, marking the second straight year of declines as authorities seek to curb borrowing costs, the sources said. Still, Japan's overall budget proposal for the 2023-24 fiscal year would likely top 114 trillion yen ($831.27 billion) extending a record amount for the 11th straight year. Several rounds of heavy stimulus have bloated fiscal spending by 1.4 times the amount of an initial budget spending plan in the past three years. That has likely made it even more difficult to achieve a primary budget balance excluding new bond sales and debt servicing costs by the fiscal year through March 2026.

TOKYO, Dec 20 (Reuters) - Japan is arranging the issue of new government bonds of around 35.5 trillion yen ($258.52 billion) for the fiscal 2023/24 annual budget, sources told Reuters on Tuesday, adding to the industrial world's heaviest public debt. Japan's budget spending plan for the fiscal year starting from April could be as high as 114 trillion yen, largely financed with bond issuance and record tax revenues, the Nikkei newspaper reported earlier on Tuesday. Japan is saddled with a debt burden of more than twice the size of its $5 trillion economy, the world's third largest. Several rounds of coronavirus stimulus spending measures have bloated fiscal spending by 1.4 times the amount of an initial budget spending plan. That has jeopardised the goal of achieving a primary budget balance excluding new bond sales and debt servicing by the fiscal year through March 2026.

☆ Sapporo City, Japan Olympic Committee to pause promotion of Sapporo Winter Games bid - Kyodo
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: 1 min

TOKYO, Dec 20 (Reuters) - The city of Sapporo and the Japan Olympic Committee will be pausing active promotion of Sapporo's bid for the 2030 Winter Olympics for "a while", Kyodo news agency reported on Tuesday. A widening scandal regarding corruption during the Tokyo 2020 Olympics has prompted several arrests in connection with suspected bid-rigging, and Sapporo's mayor was quoted last week as saying it might be difficult to carry out promotional activities under current conditions. Earlier this month, the International Olympic Committee (IOC) decided to postpone its decision on the host city for 2030, citing concerns about climate change. Reporting by Elaine Lies, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

☆ Renesas halts work at Beijing plant due to COVID spread
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Dec 19 (Reuters) - Japanese chip maker Renesas Electronics Corp (6723.T) suspended work at its Beijing plant on Friday because of COVID-19 infections, and will keep the facility shut for several days, a spokesperson said on Monday. "There won't be much impact for a stoppage that lasts only several days," the spokesperson said. A recent surge in COVID cases in China has hit major urban centres throughout the nation. Renesas is closely watched by investors because it makes around a third of all the microcontroller chips used by the world's carmakers. Reporting by Mayu Sakoda and Tim Kelly; Writing by Elaine Lies; Editing by Edmund Klamann & Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ Toshiba says aims to reach deal with potential partners soon as possible
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Dec 16 (Reuters) - Japan's Toshiba Corp (6502.T), which is talks about a buyout, said in a letter to shareholders on Friday that it was aiming to reach as conclusion with potential partners as soon as possible. Toshiba is "planning to receive binding and bona-fide proposal(s) and shall be making strong efforts to arrive at a conclusion as early as possible after necessary negotiations," the letter said. Sources have told Reuters that the company's preferred bidder, Japan Industrial Partners (JIP), was moving closer to securing financing from banks for a buyout. A deal is expected to value the industrial conglomerate at around 2.2 trillion yen ($16 billion). Shares in Toshiba, whose businesses span nuclear power, defence technology and which owns 40% of memory chip maker Kioxia Holdings, were up 1.7% in mid-morning trade.

☆ Ryuichi Sakamoto, fighting cancer, livestreams what may be final concert
▼ + stars: | 2022-12-12 | by ( Elaine Lies | ) www.reuters.com time to read: +2 min

TOKYO, Dec 12 (Reuters) - Japan's Ryuichi Sakamoto, known for his electronic music, including the score for "The Last Emperor," on Monday finished streaming a concert that may be the last for the Academy-award winning composer, who is fighting stage 4 cancer. "My strength has really fallen, so a normal concert of about an hour to ninety minutes would be very difficult," he said. In 2014 he was diagnosed with throat cancer, which was cured after years of treatment. But in January 2021 he said he had been diagnosed with rectal cancer the previous year. In June 2022, he wrote in an essay that the cancer had spread despite multiple operations and was now Stage 4.

☆ Japan awaits same-sex marriage ruling crucial to future LGBTQ rights
▼ + stars: | 2022-11-30 | by ( Elaine Lies | ) www.reuters.com time to read: +2 min

Plaintiffs hold hands each other after a district court ruled on the legality of same-sex marriages outside Sapporo district court in Sapporo, Hokkaido, northern Japan March 17, 2021, in this photo taken by Kyodo. Of two cases on the issue decided in Japan, one ruled banning same-sex marriage was "unconstitutional" and the other held the opposite. That adds weight to the expected decision by the Tokyo district court - already influential because of the capital's outsized influence on the rest of Japan - as it will establish a trend, lawyers and activists say. Eight people are involved in the case to be decided on Wednesday, saying the ban on same-sex marriage contravenes Japan's constitution and demanding damages of 1 million yen ($7,200) each. Though partnership certificates from municipalities now cover about 60% of the population in Japan, including Tokyo, they do not give same-sex couples the same rights enjoyed by heterosexual couples.

☆ Myanmar detention was 'hell', says freed Japanese filmmaker
▼ + stars: | 2022-11-28 | by ( John Geddie | ) www.reuters.com time to read: +2 min

TOKYO, Nov 28 (Reuters) - A Japanese filmmaker jailed for nearly four months in Myanmar described some of his detention there as "hell" and called on Tokyo to take a tougher stance against human rights abuses in the military-controlled country. A spokesperson for Myanmar's junta did not immediately respond to a request for comment. The economic adviser, Sean Turnell, also described filthy cells and having to eat out of a bucket while in a Myanmar jail in an interview with The Australian newspaper on Monday. Vicky Bowman, Britain's ambassador from 2002-2006 who heads a group promoting ethical business in Myanmar, had been jailed for immigration violations. "I would hope the Japanese government would take a much stronger stance towards the Myanmar military," said Kubota, adding that any funds flowing from Japan to Myanmar should be closely scrutinised.

☆ Prosecutors raid Dentsu over suspected bid-rigging for Olympics test events -media
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Nov 25 (Reuters) - Tokyo prosecutors raided the headquarters of ad agency Dentsu Inc and an events company on Friday on suspicion of rigging bids for Tokyo Olympics test events, public broadcaster NHK and other domestic media reported on Friday. Shares in its parent company Dentsu Group Inc (4324.T) slumped 4% on the news. The move marks a widening of scandal over the Tokyo 2020 Olympics that also saw Dentsu Inc offices raided earlier this year. The Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission declined to comment on the reports of suspected bid-rigging. Prosecutors have also searched the home of a Tokyo 2020 Organising Committee executive who was suspected of having handled the project orders for the test events, Kyodo news agency reported.

☆ Third Japanese cabinet minister in a month resigns in blow to PM
▼ + stars: | 2022-11-20 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

TOKYO, Nov 20 (Reuters) - Japan's internal affairs minister resigned on Sunday in connection with a funding scandal, becoming the third cabinet member to leave in less than a month in a severe blow to Prime Minister Fumio Kishida's already shaky support. Internal affairs minister Minoru Terada tendered his resignation to Kishida after media reports the premier was preparing to sack him. Kishida said he had accepted Terada's resignation in order to prioritise parliamentary debate, including discussions on a second extra budget for the fiscal year ending in March. Asked about the fact that three ministers have resigned since Oct. 24, Kishida said he would like to apologise. Hanashi and Terada's resignations are likely to be especially painful because they were members of Kishida's faction in the LDP.

☆ Japan PM Kishida plans to sack internal affairs minister Terada, Yomiuri reports
▼ + stars: | 2022-11-20 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 20 (Reuters) - Japanese Prime Minister Fumio Kishida is planning to sack internal affairs minister Minoru Terada, Yomiuri newspaper reported on Sunday, the third cabinet minister to leave in under a month in a fresh blow for Kishida's battered support ratings. Kishida told a news conference in Bangkok on Saturday he would make a decision on Terada as needed, adding "cabinet ministers must fulfill their obligations to explain." The suspected killer has said his mother was bankrupted by the church and has blamed Abe for promoting it. The LDP has acknowledged many lawmakers have ties to the church but that there is no organisational link to the party. Further damage came from the resignation of justice minister Yasuhiro Hanashi last week for comments seen as making light of his work responsibilities, specifically signing off on executions.

[1/4] A passerby looks at a television screen showing a news report about North Korea firing a ballistic missile in Tokyo, Japan November 18, 2022. South Korea's military projected that the missile reached an altitude of 6,100 km and flew 1,000 km at a maximum speed of Mach 22. Friday's launch is the eighth ICBM test this year by North Korea, based on a tally from the U.S. State Department. Concern has also mounted over the possibility of North Korea conducting a nuclear test for the first time since 2017. North Korea on March 24 launched its biggest ICBM ever, which flew 67.5 minutes and reached an altitude of 6,248.5 km (3,905 miles), according to state media.

SEOUL/TOKYO, Nov 18 (Reuters) - North Korea fired a suspected intercontinental ballistic missile on Friday that landed just 200 kilometres (130 miles) off Japan and had sufficient range to reach the mainland of the United States, Japanese officials told reporters. Friday's launch would be the eighth ICBM test this year by North Korea, based on a tally from the U.S. State Department. A South Korean official said the Nov. 3 test may have failed at high altitude. South Korean and U.S. officials have reported that a number of North Korean ICBM tests appeared to have failed this year. The North has also fired hundreds of artillery shells into the sea recently as South Korea and the United States staged exercises, some of which involved Japan.

☆ Foreign visitors in Japan surge after tourism reopening
▼ + stars: | 2022-11-16 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

TOKYO, Nov 16 (Reuters) - The number of foreign visitors to Japan rose to nearly 500,000 in October, the first month it fully reopened to overseas visitors after more than two years of COVID restrictions, more than doubling the volume from September. The number of foreign visitors, for both tourism and business, rose to 498,600 in October, more than double September's 206,500 and surging a massive 2,155% from the year before, the Japan National Tourism Organization said, though it was still down 80% on 2019. This year, 1.52 million foreign visitors have arrived, a far cry from the record 31.8 million in 2019 and the government's 2020 goal - pegged to the Summer Olympics, that were ultimately postponed - of 40 million. "We are seeing the weak yen in a positive way," he said. Japan said on Tuesday it was reopening its ports to cruise ships from March 2023, with some 166 ships slated to visit next year, industry group Japan International Cruise Committee (JICC).

☆ Japan's PM Kishida plans to sack justice minister - media
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Nov 11 (Reuters) - Japanese Prime Minister Fumio Kishida has firmed up his intention to sack his justice minister, media reported on Friday, raising the possibility of a second minister leaving the cabinet because of a scandal in less than a month. Hanashi has come under widespread criticism over comments reported in the media in which he made light of his duties, specifically signing off on executions, which he referred to as "tedious". Hanashi's office declined to comment when asked about the media reports that the prime minister was preparing to sack him. Kishida has struggled to overcome revelations of deep and longstanding ties between the ruling party and the church in following the July assassination of former Prime Minister Shinzo Abe. Economic revitalisation minister Daishiro Yamagiwa resigned on Oct. 24 due to his ties to the religious group.

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