News On Japan
Business | 3

Payments for digital services provided by overseas IT giants have emerged as a new factor contributing to the yen's decline, reports economic journalist Ideguchi.

The preliminary route plans have been consolidated for a third road linking Kitakyushu City in Fukuoka Prefecture and Shimonoseki City in Yamaguchi Prefecture, including a 2.2 kilometer bridge spanning Kanmon Straits between Honshu and Kyushu.

Sega Sammy Holdings has announced the sale of its shares in the company that operates the Seagaia resort in Miyazaki City to an American investment company.

According to the Ministry of Internal Affairs and Communications' household survey, real consumer spending in households of two or more people fell by 3.2% in the 2023 fiscal year compared to the previous year. This marks the first decrease in three years, directly impacted by rising prices.

In response to the pressing issue of labor shortages in the logistics industry, Japan Post and Seino Transportation have announced the initiation of joint transportation for long-distance routes.

The Japan Truck Show 2024 is currently underway at Pacifico Yokohama, showcasing the latest technologies in a climate of logistical concerns, including a shortage of drivers.

The Dream Jumbo Lottery, with a top prize and adjacent prizes totaling 500 million yen, began sales on May 8th.

Toyota Motor Corporation will expand its re-employment policy for seniors up to the age of 70, starting in August.