Topic · 06 of 08

Business & Economy

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Beyond Minamitorishima: Japan's Mountain Rare Earths - The Discovery of Takanawaite and Challenges to Resource Development

A new mineral called Takanawaite discovered in Mt. Takanawa, Ehime Prefecture contains rare earth elements. However, commercial development faces three major barriers: mining volume, stable supply, and radioactive waste processing. This article explores Japan's path to becoming a "resource power" alongside the Minamitorishima seabed development project.

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Business & Economy

Japan's Labor Shortage Bankruptcies Hit Record 427 Cases: Employee Turnover Now More Threatening Than Hiring Difficulties

Japan's labor shortage bankruptcies reached a record 427 cases in 2025. A critical shift has emerged: employee turnover is now causing more business failures than recruitment difficulties. With 77% of affected companies having fewer than 10 employees, small businesses unable to match wage increases are being pushed out. This article explores the structural challenges in Japan's labor market and how the "quit-driven" bankruptcy phenomenon is reshaping the business landscape.

Business & Economy

Going Against the Trend: Why Japanese Stores Are Returning to "Cash Only" Amid Rising Prices | The Hidden Cost of Cashless Payments

Japan keeps pushing its cashless payment ratio higher, yet a handful of stores are switching back to cash only. One supermarket dropped card payments to save 20 million yen a year in fees and cut its prices instead. Here is what merchant fees actually cost, and why this reversal is happening in Japan of all places.

Society

Japan Finance Ministry Signals Currency Intervention as Yen Hits 159: "All Measures on the Table"

In January 2026 the yen slid past 159 to the dollar for the first time in about 18 months, and Vice Finance Minister Jun Mimura said Japan would rule out no measures, a clear hint at intervention. Here is what drove the slide after reports of a snap election, and how Japan has intervened before. Update: a record 11.7 trillion yen of intervention followed in April and May.