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Business & Economy

Mitsubishi Pajero Revival: Heritage SUV Anchors New Vision as EV Demand Cools

On May 29, 2026, Mitsubishi unveiled a mid-to-long-term vision reviving the Pajero after seven years and turning it into a series. With a ~1 trillion yen ($6.3B) investment, a hybrid pivot, and Nissan-built US vehicles to dodge tariffs, the comeback rides a global wave of heritage-SUV revivals.

Technology

Gasoline Is Just Too Damn Strong. After 167 Years, Let's All Just Bet on Fusion.

In spring 2026, Honda wrote off roughly $10 billion in EV development. That same season, US ITER closed out the supply of ITER's 1,000-tonne central solenoid, the UK's Pulsar Fusion ignited the first plasma inside a fusion rocket engine, and Kyoto Fusioneering pushed on with its integrated fusion fuel cycle test facility in Canada. Stack the candidates in watt-hours per kilo and the picture is brutal: nothing beats gasoline in a form you can put in a car, except one category up, where fusion sits at 7.8 million times the density. Win the bet and you unlock effectively free electricity, working climate reversal, Mars in two months, lunar helium-3, and the solar system as a shipping route. Honda's mistake alone covers nearly 40 percent of ITER's budget. Maybe it's time to stop arguing about EVs and just go build the sun.

Business & Economy

Subaru's Operating Profit Falls 90%: Tariffs, a US Cold Wave and an EV Impairment Hit Japan's Most America-Reliant Automaker

Subaru cut its FY2026 operating profit forecast by 900 billion yen to just 40 billion yen, a 90% year-on-year plunge announced May 11. Beyond US tariffs, a North American cold wave, Middle East shipping disruptions, and EV asset impairment from Trump's environmental rollback all hit at once. Why does Subaru—with 80% North America sales reliance—suffer most among Japanese automakers?

Society

Pentagon Releases 162 UFO Files: 'Football-Shaped' Object Near Japan, Apollo Moon Photos, and 'Eye of Sauron' Orbs

On May 8, 2026, the US Department of War launched war.gov/UFO and released 162 UAP files in one go—including a football-shaped object filmed near Japan by Indo-Pacific Command in January 2023, Apollo 12 and 17 lunar surface photos, and orange orbs agents compared to the 'Eye of Sauron'. We break down what is actually in the release and how Japan is reacting, from yakisoba puns to distraction-theory skepticism.

Society

Japan's $32B Yen Intervention: Private Estimate Reveals 5 Trillion Yen Bazooka and Global Market Spillover

Private estimates put Japan's April 30 yen-buying intervention at 5 to 5.4 trillion yen, derived from the gap between the BOJ's current-account forecast and money brokers' projections. What that bazooka means in practice: a 190bp US-Japan rate gap, a yen carry trade starting to unwind into emerging markets, and the political constraint of the US Treasury's monitoring list.

Life & Lifestyle

Russian Oil Returns: Japan's First Sakhalin-2 Cargo Since the Hormuz Blockade Exposes the G7 Paradox

Two months into the de facto closure of the Strait of Hormuz, Japan took its first Russian crude cargo since the blockade began. Taiyo Oil bought Sakhalin-2 barrels on a spot contract at the request of Japan's energy agency, and the tanker reached Imabari on May 4. How the "Sakhalin exception" to the G7 and EU price cap works, how Germany, South Korea and India have played the same shock differently, and what it all reveals about Japan's structural exposure.

Life & Lifestyle

Why Japan Can't Just Buy American Oil: The Refinery Mismatch Behind Its Energy Crisis

Japan's gasoline has hit record highs, dialysis tubing is running out, and bathtubs can't be shipped. With 95% of crude oil coming from the Middle East, pivoting to the world's largest oil producer, America, seems like a perfect Win-Win. But refinery design, tanker size, the Panama Canal bottleneck, and an ironic naphtha yield problem all stand in the way. Here's why the obvious solution isn't simple.

Business & Economy

Nissan's Three Arrows Evaluated: Can Rare Earth Cuts, E2E Autonomy and Robotaxis Save the Automaker Amid the EV Slowdown?

A rigorous evaluation of Nissan's triple strategy against a global EV slowdown. With Trump's tax credit repeal, China's sales slump, Honda canceling its 0 series, and BloombergNEF cutting EV forecasts by 14 million units, is this Nissan's genuine breakthrough or just the fifth failed long-term plan in six years? Surprisingly, the EV slowdown might actually be a tailwind for Nissan. Here is why.