Business
August Sees First 0.6% Decline in Japan’s Real Wages in 3 Months
October 9, 2024 | 0 CommentsJapan's inflation-adjusted real wage index fell 0.6% in August compared to the previous year, according to a preliminary report from the labor ministry. This decline…...Read more
Record High Account Surplus Achieved
October 9, 2024 | 0 CommentsJapan's current account surplus in August reached a record high of ¥3,803.6 billion, marking a 65.8% increase from the previous year, according to data released…...Read more
Competition between Japanese and South Korean Cosmetics Firms: Social Media Boosts South Korean Brands
October 8, 2024 | 0 CommentsCompetition is heating up between South Korean and Japanese cosmetic manufacturers as they vie for dominance in the market for affordable yet high-quality "petit price"…...Read more
Hitachi and Nvidia Collaborate to Introduce AI-Based Train Maintenance Service, Addressing Worker Shortage
October 7, 2024 | 0 CommentsJapanese company Hitachi has announced a collaboration with US chip giant Nvidia to improve railway maintenance using an AI-based system. The move is part of…...Read more
Tokyo Metro Aims to Raise $2.4 Billion in Japan’s Largest IPO Since 2018
October 7, 2024 | 0 CommentsTokyo Metro, one of Japan's subway operators, has announced a price range for its initial public offering (IPO) in a regulatory filing on Monday. The…...Read more
Partnerships Established: Japan’s ANA and JAL Collaborate with Leading Indian Airlines for Code-Sharing
October 7, 2024 | 0 CommentsTwo major Japanese airline companies, All Nippon Airways Co. and Japan Airlines Co., have recently announced partnerships with major Indian airlines in anticipation of an…...Read more
Challenges in Japan’s Logistics Industry: Driver Shortage and Rising Bankruptcies
October 7, 2024 | 0 CommentsSix months have passed since the introduction of new overtime restrictions for truck drivers in April. Despite concerns about the shortage of truck drivers in…...Read more
New Honda-affiliated Startup Introduces Compact and Lightweight Device for Assisting Visually Impaired Individuals with Navigation
October 6, 2024 | 0 CommentsHonda Motor Co.-affiliated startup Ashirase, Inc. has introduced a new device designed to assist visually impaired individuals in reaching their destination. The device, called "Ashirase…...Read more
High School Graduates Fill Labor Shortages as Companies Seek Diverse Skills
October 6, 2024 | 0 CommentsAs competition for young workers in Japan's labor market intensifies, companies are increasingly offering managerial positions to high school graduates. The ratio of job openings…...Read more
ANA Holdings Enhances Ground Handling Efficiency at Haneda Airport with VR Training, Reducing Time
October 6, 2024 | 0 CommentsANA Holdings Inc. has introduced virtual reality (VR) equipment at Haneda Airport to enhance training in aircraft ground handling, specifically tasks related to aircraft parking…...Read more