A new effort to revive a local shopping district is underway using a decentralized autonomous organization, or DAO, a leaderless structure in which individuals contribute what they can and decisions are made collectively.
Mitsui & Co. announced on March 6th that it has invested in a startup involved in nuclear fusion technology as the trading house seeks to take part in the commercialization and industrial development of fusion power generation.
Aichi Prefecture has resumed discussions on attracting an integrated resort (IR) facility that would include a casino, a plan drawing renewed attention from residents of Tokoname City, the proposed host area.
A Tokyo-based investment firm that had planned to take over the closed zoo North Safari Sapporo in Minami Ward, Sapporo, and develop a new zoological park has decided to scrap the plan as of March 3rd.
PayPay’s market capitalization is expected to exceed 2 trillion yen as the company prepares for a listing on the U.S. Nasdaq exchange.
All Nippon Airways held a press conference to announce a change in leadership, with Executive Vice President Hisaichi Hirasawa set to assume the role of president on April 1st, stating that sweeping reforms to the airline’s struggling domestic operations are urgently needed as profitability continues to deteriorate.
As price hikes spread from fast food to daily necessities and households grapple with rising living costs, the steady depreciation of the yen has emerged as a central driver of inflation, with multiple indicators showing that the currency’s purchasing power has fallen to roughly one-third of its mid-1990s peak, underscoring how three decades of economic stagnation, prolonged monetary easing and renewed fiscal expansion have left Japan far more vulnerable to imported inflation than other major economies.
An AI startup that emerged almost overnight, Akari had long been known only to insiders due to its limited media exposure, but after receiving investment from Mitsubishi Electric at the end of January and seeing its corporate valuation surge past 100 billion yen, the Tokyo-born venture has rapidly positioned itself as a leading unicorn candidate in Japan’s AI sector.