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Business & Economy

Why Sony Handed BRAVIA to TCL: The Quiet Pivot to Sports Entertainment

In March 2026 Sony signed binding agreements to move its TV business into BRAVIA Inc., a joint venture with China's TCL holding 51% and Sony 49%, starting operations in April 2027. Why Sony is letting go of its Trinitron-era icon, how Hawk-Eye and sports entertainment became the new home for its electronics ambitions, and what global investors should watch.

Business & Economy

Tokyo Disney Operator Hits Record $4.4B Revenue—Yet Its Stock Trades at Half Its Peak. Here's Why

Oriental Land Company, operator of Tokyo Disney Resort, posted record revenue of 704.5 billion yen ($4.4 billion) for fiscal 2026, yet operating profit fell, and the stock has been cut nearly in half since 2023, hitting a fresh year-low days before the earnings release. Here is what is making investors nervous about the 'house of mouse' in Japan, from shrinking margins and demographic headwinds to a 330 billion yen cruise gamble.

Society

BOJ Holds Rates But 3 Dissenters Send Hawkish Signal: Ueda's Press Conference, Political Pressure Allegations, and Market Reaction

The Bank of Japan held its policy rate at 0.75% on April 28, 2026 by a 6-3 vote, with three dissenters proposing a hike to 1.0%, a first under Governor Ueda. We unpack Ueda's press conference, allegations of pressure from the Takaichi administration, the sharp upward revision in inflation forecasts, the immediate market reaction, and the divergence between domestic and international assessments.

Business & Economy

Keyence Founder Takizaki Retires from Board: Inside Japan's Most Profitable Company With 52% Operating Margin

Takemitsu Takizaki, the 80-year-old founder of Keyence, will retire from the board after the June 2026 AGM. Why is the founder of Japan's most profitable company stepping aside now? A look at Keyence's astonishing 52% operating margin, the contrast with Nidec's recent governance crisis, and the model of a quiet, successful succession at one of Japan's most enigmatic corporate giants.

Business & Economy

Nikkei 225 Tops 60,000 for the First Time: How It Differs from the 1989 Bubble in 5 Numbers

On April 23, 2026, the Nikkei 225 crossed 60,000 intraday for the first time in history. We compare this milestone with the 1989 bubble peak at 38,915 yen, examining USD-based performance, the foreign ownership shift from 5% to 32.4%, the PER drop from 60x to 16x, and the heavy concentration in just a handful of AI and semiconductor stocks like SoftBank Group, which surged 9.6%.

Business & Economy

Nidec Accounting Scandal: $1 Billion Hit Confirmed as Founder's Era Ends

Nidec's third-party committee finalized its probe: accumulated net profit impact hit 161 billion yen (about $1 billion). Founder Shigenobu Nagamori's excessive pressure was identified as the root cause, marking a turning point for Japan's charismatic founder model. Compared with Toshiba and Olympus.

Business & Economy

Nikkei 225 Record High at 59,518: Iran Peace, AI Rally, BOJ Retreat, and Bank Stock Revival Converge

On April 16, 2026, the Nikkei 225 closed at an all-time high of 59,518, up 1,384 points. We break down the structural drivers: US-Iran peace hopes, S&P 500 crossing 7,000, BOJ April rate-hike odds collapsing from 55% to 30% after Finance Minister Katayama's rebuke, USD/JPY at 158, and a 16.5% surge from end-March. Plus the simultaneous rally in tech and regional bank stocks, DAX comparison, and the April foreign-flow anomaly.

Technology

Alpaca Becomes First Japanese-Founded US Unicorn: Brokerage API Startup Aims to Be the 'AWS of Finance' at $1.15B Valuation

Alpaca, founded by two Japanese entrepreneurs in Silicon Valley, hit a $1.15 billion valuation in its Series D round, becoming the first Japanese-founded US unicorn. Serving SBI Securities, Kraken, and 300+ institutions across 40 countries, it aims to be the 'AWS of finance', alongside Plaid and Stripe. Why did they build this in America, not Japan?

Business & Economy

Elliott's $1 Billion Bet on Daikin Signals a Strategic Shift: Japan's Activist Playbook No Longer Requires Hidden Assets

Elliott Investment Management has poured over $1 billion into Daikin Industries, the world's largest HVAC maker, demanding margin improvements, ¥150 billion in annual buybacks, and a portfolio overhaul. Unlike Elliott's usual Japan targets rich in real estate and cross-shareholdings, Daikin marks a strategic pivot toward operational activism, fueled by HVAC sector expertise gained from Johnson Controls.