Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Japan Cannot Confirm Security Leak After Report Says China Hacked Defense Networks
Aug 8 2023 // Japan cannot confirm if any security information has been leaked, the top government spokesperson said on Tuesday when asked about a Washington Post report on Chinese hacking into its defense cyber networks. Chinese...
Japan Competition Watchdog Probes Insurers Over Price Fixing
Aug 8 2023 // Japan’s competition watchdog has begun an investigation into whether the top four non-life insurers colluded to set premiums for their corporate clients, according to a person familiar with the matter, becoming the...
Japan to Release Fukushima Water as Soon as August: Reports
Aug 7 2023 // The Japanese government is preparing to start releasing treated wastewater from the Fukushima nuclear disaster site into the sea as early as late August, local newspapers including the Yomiuri Shimbun reported. Prime...
Japan Casualty Insurers’ Shares Sink on Concerns Over Suspected Price Fixing
Aug 2 2023 // A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion is likely to be wider than initially believed. Shares of Tokio Marine Holdings Inc.,...
Japanese Used-Car Exec to Step Down After Revelations of Fraudulent Insurance Claims
Jul 26 2023 // The president of Japanese used-car dealership Bigmotor Co. Ltd. said he will step down after revelations of fraudulent insurance claims by the company’s repair shops, a scandal that has also ensnared Sompo Japan...
Japan’s Top Court Rules Government Restrictions on Transgender Employee’s Use of Restrooms Illegal
Jul 13 2023 // Japan’s Supreme Court ruled Tuesday that restrictions imposed by a government ministry on a transgender female employee’s use of restrooms at her workplace are illegal, in a landmark decision that could promote...
Ransomware Attack Hits Japan’s Biggest Port, Disrupting Cargo Shipments
Jul 5 2023 // Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware — used by hackers to lock access to files or...
Toyota Blames Human Error for Leak of Vehicle Data of 2 Million Users in Japan
May 12 2023 // Toyota Motor Corp. said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base who signed up for its main cloud service platforms since 2012, had been publicly available for a decade...
Japan’s Sompo to Focus on Integration After Spree of Overseas Acquisitions
Apr 26 2023 // Sompo Holdings Inc. will place more focus on integrating domestic and overseas operations for further growth after a spell of acquisitions abroad boosted the global presence of Japan’s No. 3 non-life insurer group, a...
Gallagher Launches Brokerage in Japan, Led by 2 Former Marsh Execs
Apr 20 2023 // Gallagher has launched an insurance brokerage in Japan, which specializes in insurance solutions to both commercial clients and wholesale facultative insurance to other brokers. The Japanese unit is led by two former Marsh...
Japanese Banks (and Insurers) Face Spotlight for ‘Gender Washing’ Women Managers
Apr 19 2023 // Some Japanese banks may soon come under the spotlight for potential “gender washing” over the way they count the number of women in management positions. Japan’s Financial Services Agency found a big...
Supply Chain Hack in Japan Provides Warning for Businesses Across the Globe
Apr 18 2023 // Kojima Industries Corp. is a small company and little-known outside Japan, where it produces cup holders, USB sockets and door pockets for car interiors. But its modest role in the automotive supply chain is a critical...
Japanese Insurer’s Plan to Sell Foreign Debt Flashes Market Warning
Apr 18 2023 // A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors in global bond...
Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk
Mar 23 2023 // Major Japanese shipping company Nippon Yusen KK is seeking a government guarantee to insure vessels at risk from Russia’s war in Ukraine. Conditions for getting war insurance for ships entering Russian territorial...
Banker’s Heirs Sue Japanese Insurer Over Van Gogh’s ‘Sunflowers’
Jan 18 2023 // Vincent van Gogh’s Sunflowers painting should be returned to the family of its former owner by Sompo Holdings Inc., the Japanese insurer that bought the famous artwork despite its tainted Nazi-era past, according to...
Japan Indicates Delay of Fukushima Plant Water Release
Jan 17 2023 // Japan has revised the timing of a planned release to the sea of treated but still radioactive wastewater at the Fukushima nuclear power plant to “around spring or summer,” indicating a delay from the initial...
Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters
Dec 30 2022 // Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war in Russian waters for at least three months for liquefied natural gas (LNG) vessels, industry...
How Will Japan Secure Shipping Insurance for Imports of Russian LNG?
Dec 29 2022 // Japan, the world’s top liquefied natural gas (LNG) importer, is facing its latest challenge in securing vital gas supplies from Russia after Western reinsurers said they would halt marine war insurance for ships...
Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies
Dec 27 2022 // Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing war in Ukraine — will affect supplies from the key Sakhalin-2 project in...
Japan Urges Its Insurers to Retain Marine War Cover for LNG Shippers in Russian Waters
Dec 27 2022 // The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian waters, a senior official at the industry ministry...
