Oriental Land Co., operator of Tokyo Disney Resort, announced that it achieved record revenue and net profits for the fiscal year 2023. The company reported a revenue of 618.4 billion yen ($3.9 billion) and a net profit of 120.2 billion yen ($755 million), both the highest in its history.
On April 26, the Nikkei Average closed up 306 points at 37,934 yen, despite a rapidly weakening yen. Experts are noting a shift in the typical correlation between a weak yen and strong stock performance, suggesting that the previous dynamic may be weakening.
Twelve years after entering the global marketplace for konjac, known in Japan as konnyaku, Akiji Sawaura has seen his company's revenue increase by 2.5 times and employee numbers double. However, his journey was not without its challenges.
Novelist Hitoshi Mayama explores a groundbreaking next-generation aquaculture technology at Tokyo University of Marine Science and Technology with Professor Goro Yoshizaki. This innovative method allows desired fish species to be bred by transplanting their reproductive stem cells into surrogate fish.
In a significant movement in the foreign exchange markets, the Japanese yen has once again depreciated, crossing the 158 mark against the U.S. dollar. This level marks the weakest the yen has been in approximately 34 years, signaling ongoing economic pressures and potentially major shifts in Japan's financial landscape.
Japan's Cabinet has approved a bill designed to regulate tech giants to ensure fair competition in the smartphone business. (NHK)