Takeuchi invented the mini excavator, earns 99% of sales abroad, and ranks 2nd in Europe and 5th in North America. The story of a Nagano firm that built a market from nothing, and the US-dependence risk it now carries.
Japan saw a record 36 ramen shop bankruptcies in the first half of 2026. While the world pays $18 a bowl, shops in ramen's homeland collapse against a cultural price ceiling of 1,000 yen (about $6). Here is the structural squeeze behind the paradox.
Nintendo's stock has fallen more than 50% since its August 2025 peak, even after a record fiscal year. We unpack why—the Switch 2 price hike, a softer FY27 outlook, and how Nintendo stacks up against US gaming names like Roblox, Take-Two, and EA—for an overseas investor audience.
On June 16 the Bank of Japan raised its policy rate to 1.0%, the highest in 31 years, with Governor Ueda hospitalized and absent. We unpack the 7-1 vote, the lone hiker among major central banks, the still-weak yen, and Japan's swelling debt-service bill.
Japan's 2025 property investment topped the 2007 record, with foreign investors at 39%. We break down Tokyo's 0.9% office vacancy, 7.5% rent growth, and why the Japan-West interest rate gap is pulling global capital in.
The Bank of Japan began selling its ETFs, yet its holdings ballooned past 110 trillion yen, over 8% of the Tokyo market. Why the Fed and ECB never bought stocks, how Switzerland differs, and whether central banks should own equities at all.
China overtook Japan in net external assets at the end of 2025, dropping it to third place — yet Japan's holdings hit a record high. Here is what the numbers really mean for the yen.
PM Takaichi met BOJ Governor Ueda on May 22 and asked the central bank to carry out 'appropriate policy.' We explain Japan's central bank independence next to the US Fed and the ECB, and how a weak yen near 159 and the carry trade tie this to global markets.
Japan welcomed 3.69 million foreign visitors in April 2026, down 5.5% from a year earlier, even as the yen sat near 159 to the dollar. We unpack the three forces behind the drop—China's travel advisory, an Easter calendar quirk, and Middle East flight cancellations—and ask whether this is actually the right moment for foreigners to book that long-postponed Japan trip.
Japan's three megabanks—MUFG, SMFG, and Mizuho—posted a combined net profit of 5.26 trillion yen ($33B) for the fiscal year ended March 2026, breaking the 5-trillion-yen barrier for the first time. We unpack how BOJ rate hikes drove the surge, how the numbers compare to JPMorgan and HSBC, and what Japan's monetary normalization means for global markets.
Kioxia forecast a 48-fold jump in Q1 net profit to 869 billion yen ($5.5 billion), making the Japanese NAND maker Japan's single-largest AI beneficiary on a quarterly basis after Toyota. We unpack the US ADS listing plan, the supercycle reshaping NAND prices, the HBM gap with Samsung and SK Hynix, and what it all means for Japan's broader semiconductor revival.
On the afternoon of May 14, Japan's 10-year government bond yield hit 2.625%, the highest since 1997. OIS markets now price a 74% probability of a rate hike at the June 16-17 BOJ meeting. BOJ board member Kazuyuki Masu, previously considered cautious, said in a Kagoshima speech that 'early rate hikes are desirable.' With US PPI surprise, USD/JPY near 158, and 'long rates at 3% in sight,' we map where Japan's FX, bond, and rate-hike expectations stand right now.
Taiwanese buyers now account for 62% of all foreign home purchases in Tokyo's 23 wards, according to data released by Japan's government for the first time. Behind this surge: a historic yen, a Taipei property bubble exceeding Tokyo, TSMC's Kumamoto pipeline, geopolitical hedging, and Taiwan's AI boom—all converging at once.
Nintendo just sold 19.86 million Switch 2 units in nine months — the fastest-selling console in its history. On the same day, it announced a 10,000 yen price hike for Japan starting May 25, plus $50 increases in the US and Canada from September 1. The Japan-only model jumps 20% — the steepest relative increase. Why is Japan being hit first and hardest? The answer involves AI-driven memory chip prices, currency calculus, and an unusual moment when an export-friendly country is paying more than its overseas markets.
Reuters reports Japan conducted multiple yen-buying interventions during the May Golden Week, exploiting thin holiday liquidity. Combined with the April 30 operation of about 5 trillion yen, the total reaches roughly 10 trillion yen. Vice Finance Minister Mimura stated IMF rules do not constrain intervention frequency, while a meeting with US Treasury Secretary Bessent looms. How would your central bank respond in this position?
The BOJ released its March 18-19 meeting minutes on May 7. The deliberation sections are anonymous, but votes and dissenting opinions are published with names attached. The 8-1 split? Hajime Takata alone dissented. We trace the 9 members behind the March meeting, the shift to a 6-3 split in April, and the rebalancing coming when Nakagawa's term ends in late June.
Private estimates put Japan's April 30 yen-buying intervention at around 5 trillion yen ($32B). Here's what it means for the US-Japan rate gap, carry trade unwind, US Treasury monitoring list risk, and emerging market spillover.
Haruhiko Kuroda, the former BOJ governor who launched Japan's massive monetary easing in 2013, says the current weak yen has 'gone too far' and 130 per dollar would be appropriate. The Japanese public's reaction: 'Look who's talking.' We unpack the irony, the rate-gap mechanics, and the global market implications.
One day after Japan's 5-6 trillion yen intervention, Vice Finance Minister Mimura hints at more action with a 'just the beginning' line. But trade deficits, energy import dependence, ECB on hold, yen weakness against all majors, and a 40-trillion-yen carry trade time bomb suggest intervention can only buy time, not reverse the trend.
On April 30, Japan launched its first yen-buying intervention in 21 months — pulling the dollar from 160-plus to 155 within hours. Finance Minister Katayama's 'decisive action' line and Vice Minister Mimura's 'final evacuation warning' preceded the trigger. The dollar saw its largest one-day drop since December 2022. Two days after the BOJ held rates, the Finance Ministry decided to act.