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  • Toyo Tires Achieves Record Highs in Sales and Profit in Fiscal 2023 Feb. 22, 2024
    Toyo Tires posted record highs in sales and profit for the fiscal year ending December 31, 2023. The company achieved many of the financial indicators set forth in the current mid-term business plan through 2025 ahead of schedule. Takashi Shimizu, President & CEO, said, “We will work on each of the measures to maintain the […]
  • Michelin Produces France’s First Biomass-derived Butadiene Feb. 21, 2024
    Michelin, IFP Energies nouvelles, and Axens have opened France’s first industrial-scale prototype facility to produce butadiene derived from biomass at Michelin’s plant in Bassens, near Bordeaux. The facility was built as part of the BioButterfly project, in which the three companies are participating with the support of the French ecological transition agency Adem with the […]
  • Evonik to Increase Wet Silica Production Capacity in North America Feb. 20, 2024
    Evonik will increase wet silica production capacity by 50% at its U.S. plant in Charleston, South Carolina, to meet growing demand from the tire, oral care and other industries in North America. The company plans to invest several billion yen to build a new production line, with construction scheduled to begin in mid-2024 and operations […]
  • Goodyear Japan Launches Rugged Terrain Tire Feb. 20, 2024
    Goodyear Japan will on March 1 at an open price launch in 14 sizes the Wrangler Duratrac RT, a rugged terrain tire that combines on-road agility and off-road drivability at a high level. Goodyear’s Wrangler series is one of the world’s best-known series brands and has been recognized for decades as a tough and reliable […]
  • Zeon Obtains ISCC PLUS Certification at Four Facilities in Japan Feb. 19, 2024
    Zeon has acquired ISCC PLUS certification, an international certification system for sustainable products, at four of its Japanese production facilities, namely the Takaoka, Kawasaki, Tokuyama and Mizushima plants. The certified products include butadiene, synthetic latex, HNBR (hydrogenated nitrile rubber), BR (butadiene rubber), IR (isoprene rubber), NBR (acrylonitrile butadiene rubber), E-SBR (emulsion polymerization styrene butadiene rubber) […]
  • Asahi Kasei Reports 9M Results Feb. 16, 2024
    Asahi Kasei posted sales of 2,064.15 billion yen ($13.74 billion), up 1.2% year-on-year in the nine months (April-December) of the fiscal year ending March 2024. The company also posted operating income of 99.50 billion yen, down 15.1%, ordinary income of 90.50 billion yen, down 18.9%, and net income of 58.57 billion yen, down 11.0%. In […]
  • Sumitomo Rubber Develops Tire Aerodynamics Simulation Technology Feb. 15, 2024
    Sumitomo Rubber has developed Tire Aerodynamics Simulation, a simulation technology for the tire development process. In addition to reducing rolling resistance of tires, it is extremely important to reduce aerodynamic drag around tires in order to improve fuel efficiency (electric power consumption) of EVs. By visualizing the airflow near the tires of a moving vehicle […]
  • Ube Sales Down But Net Income Up: 9M Results Feb. 14, 2024
    Ube posted results for the nine months (April-December) of the fiscal year ending March 31, 2024. Sales were 332.95 billion yen ($2.23 billion), down 9.6% year-on-year; operating income 12.31 billion yen, down 5.2%; ordinary income 23.18 billion yen, compared with a loss of 4.53 billion yen in the same period a year earlier; and net […]
  • Mitsui Chemicals Posts 9M Results Feb. 14, 2024
    Mitsui Chemicals results for the first nine months (April-December) of the fiscal year ending March 2024 showed revenue of 1,274.53 billion yen ($8.54 billion), down 10.8% year-on-year; core operating profit of 72.38 billion yen, down 34.4%; and net income of 37.26 billion yen, down 42.6%. Among segments, Mobility posted sales revenue of 398.36 billion yen, […]
  • Tosoh Reports 9M Net Sales Down 6% Feb. 13, 2024
    Tosoh reported net sales of 747.89 billion yen ($5.01 billion), down 5.9% year-on-year, for the first nine months (April-December) of the fiscal year ending March 2024. Operating income stood at 59.55 billion yen, up 1.1%, ordinary income at 68.67 billion yen, down 5.0%, and net income at 41.37 billion yen, down 10.7%. By segment, the […]
fujitsu supermarket ai Fujitsu Tests AI Customer Service Solution in Japanese Supermarket Aug. 7, 2023. - Fujitsu has begun testing an innovative AI module in a Japanese supermarket that generates AI avatars and tailors promotional content based on consumer behavior. The field trial, run in collaboration with the Retail AI Institute, is taking place from August 3 to October 15 at Aruk Mitajiri stores operated by supermarket chain Marukyu in Hofu City, Yamaguchi Prefecture, Japan. This […]
jetro Global Trade Suffers Amid Fragmentation, Warns JETRO 2023 Report Aug. 4, 2023. - According to the World Trade and Investment Report 2023 by the Japan External Trade Organization (JETRO), global trade is faltering due to a myriad of international conflicts and geopolitical risks. The report indicates that enduring tension in Ukraine, an uptick in trade restrictive measures, and the uncertain relationship between the U.S. and China are undermining the principles of free trade. […]
Japan and Germany Co-Develop Standard for Automated Valet Parking Aug. 3, 2023. - In a significant step towards efficient urban mobility, an international standard for “automatic valet parking” co-developed by Japan and Germany has been officially issued. This system leverages autonomous vehicle technology to navigate vehicles into parking spaces in large facilities, improving utilization of parking space and user convenience, reducing accidents, and cutting CO2 emissions. Large complexes, shopping malls, theme parks, and […]
yokohama mhi ccu Yokohama Spearheads Japan’s First Waste-to-Energy CO2 Capture Demonstration Experiment Aug. 2, 2023. - The City of Yokohama, Tokyo Gas, Mitsubishi Heavy Industries (MHI) and MHI Environmental & Chemical Engineering (MHIEC) have launched a pioneering demonstration experiment aimed at capturing and utilizing CO2 emissions from a local waste-to-energy plant. The project, based in Tsurumi-ku, Yokohama, is the first of its kind in Japan and involves the separation and capture of CO2 from plant flue […]
Mitsui Chemicals Spearheads Development of Advanced Carbon-Neutral Naphtha Cracking Tech Aug. 1, 2023. - In an ambitious move towards carbon neutrality, Mitsui Chemicals has partnered with Microwave Chemical and Chiyoda Corporation to develop a pioneering naphtha cracking technology, the M-Cracker. The New Energy and Industrial Technology Development Organization (NEDO) adopted this initiative under its program for advancing research, development and social implementation of energy-saving technologies to realize a decarbonized society. Japan’s petrochemical industry annually […]
Japan’s Cabinet Greenlights Strategy for Decarbonized, Growth-Centric Economy Aug. 1, 2023. - In a bid to promote energy stability amid ongoing global challenges and to accelerate the transition to a low-carbon economy, the Japanese Cabinet approved the “Strategy for Promoting the Transition to a Decarbonized Growth-Oriented Economic Structure” (GX Promotion Strategy) on July 28. This approval follows the enactment of several key policies earlier this year, including the “GX Promotion Law” and […]
Ministry of Economy, Trade and Industry (METI) Japan’s METI Launches Committee to Accelerate Generative AI Development Jul. 31, 2023. - The Ministry of Economy, Trade and Industry (METI) has formed an expert committee to propel the development of generative AI technology. The initiative aims to establish a support scheme for companies developing competitive base models in the fast-evolving field of generative AI. This advanced technology is predicted to have a transformative impact on industrial activities and daily life, tackling social […]
new 10000 yen note New Series of Japanese Bank Notes to Launch in July 2024 Jul. 28, 2023. - The Japanese Ministry of Finance has announced that the new series of Bank of Japan notes, designed to strengthen anti-counterfeiting measures, will start circulating in the first half of July 2024. The initiative follows the decision made by the Ministry in April 2019 to produce a new series of notes to enhance the country’s ability to prevent counterfeiting and fraud. […]
tokyo toyota arena Toyota Breaks Ground on Tokyo’s Next-Gen Sports Complex, Set for Fall 2025 Opening Jul. 26, 2023. - Toyota Motor, Toyota Fudosan, and Toyota Alvark Tokyo announced the groundbreaking for the construction of the highly-anticipated Tokyo A-Arena in the Odaiba Aomi area. Toyota Fudosan hosted the ceremony to commemorate the start of this ambitious project. Expected to be completed in June 2025, the arena aims to begin operations in the fall of the same year. Situated on the […]
mitsui chemicals pellicle Mitsui Chemicals Targets Global Leadership in Pellicle Manufacturing Jul. 25, 2023. - Mitsui Chemicals has announced the inauguration of its new affiliate, Mitsui Chemicals EMS Corp., which started operations on July 1, 2023. The newly established company is built on the pellicle business acquired from Asahi Kasei. As a leading provider of FPD pellicles, used in the LCD panel exposure process, this business has established a strong market presence. The company also […]
ntt kyuden mitsubishi 1 Japan Heralds New Era of Solar Power with Launch of Grid-Scale Battery System Jul. 24, 2023. - NTT Anode Energy Corporation, Kyushu Electric Power Company (Kyuden), and Mitsubishi Corporation officially started operations of a 1.4 MW / 4.2MWh grid-scale battery storage system in Tagawa-gun, Fukuoka Prefecture, marking a significant milestone in Japan’s journey toward renewable energy. The implementation of this system is expected to boost the country’s use of solar power by minimizing the necessity for solar […]
Toyo Ink Unveils Nano-Silver Sintering Paste for Enhanced Power Die Bonding Jul. 21, 2023. - Toyo Ink SC Holdings, the parent company of specialty chemicals firm Toyo Ink Group, has developed a silver nanoparticle paste for die-attach applications. This lead-free material is engineered to meet the needs of next-generation power electronics, capable of sintering at low temperatures under both pressureless and pressure-assisted methods. The silver nanoparticle paste, born from the company’s Corporate R&D Division, caters […]
Denso to Negotiate Transfer of Combustion Engine Parts Operations to Niterra Jul. 19, 2023. - Automotive parts supplier Denso has signed a memorandum of understanding (MOU) to negotiate the transfer of certain internal combustion engine parts operations to Niterra. The move comes as the automotive industry accelerates its shift toward electrification in the push for carbon neutrality. The sector continues to develop internal combustion engines, accounting for regional and country-specific energy situations and fuel usage. […]
mitsubishi shipbuilding lng tank Mitsubishi Shipbuilding Bags Order for LNG Systems from Imabari Shipbuilding Jul. 17, 2023. - Mitsubishi Shipbuilding, a Yokohama-based subsidiary of Mitsubishi Heavy Industries, has secured an order for 12 units of its liquefied natural gas (LNG) fuel gas supply system (FGSS) from Imabari Shipbuilding. The order includes high-pressure systems for nine LNG-fueled car carriers and three bulk carriers. The units are set to contribute significantly to the decarbonization of the marine environment with a […]
Fujitsu and IHI Collaborate on Blockchain Project for Environmental Value Exchange Market Jul. 12, 2023. - Fujitsu and IHI Corporation have made significant progress in their joint project, which aims to contribute to carbon neutrality and establish an environmental value distribution platform supporting environmental value transactions. The project, initiated in fiscal year 2022, focuses on simplifying the environmental value creation process and preparing for the issuance of J-Credit, a carbon credit system. Under the initiative named […]

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Japan’s Political System

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Japan’s Chemical Industry

People often do not realize that almost everything they touch in daily life originates in the chemical industry. The Japanese chemical industry is the third largest in the world. And it is the second largest manufacturing industry in Japan. Learn more

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Japan’s Automotive Industry

Japan is one of the most important auto-making countries in the world. Brands like Toyota, Honda or Suzuki are household names worldwide. Learn more

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Japan’s Machinery Industry

Japan has one of the most important industrial machinery industries in the world. It is home to a broad range of famous brands, globally renowned for their history and high quality. Learn more

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Japan’s Rubber Industry

Tires, cars, or buildings: Modern life is unthinkable without rubber. And Japan boasts one of the most developed rubber industries worldwide. Learn more

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Japan’s Newspaper Structure

Most people in the West are familiar with 3-tiered newspaper structures. Japan’s 5-tier system is more differentiated. Learn more

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