The operator of 7-Eleven convenience stores is taking a series of steps to boost its value, including share buybacks, selling the under-performing superstore business and divesting its banking unit.
BUSINESS / Companies
Apr 10, 2025
Seven & I jumps most in a month on buyback plan and broader buying
The operator of 7-Eleven convenience stores is taking a series of steps to try to boost shareholder value amid a takeover bid by Canadian retailer Alimentation Couche-Tard.
U.S. Steel shares tumbled as much as 16% Wednesday after President Donald Trump made a fresh remark signaling his opposition to a buyout by Nippon Steel.
BUSINESS / Companies
Apr 10, 2025
Trump says he does not want to see U.S. Steel go to Japan
Trump told White House reporters that U.S. Steel is a special company, throwing cold water on expectations that Nippon Steel's buyout efforts might start to make progress.
Seven & I Holdings released forecasts for this year's operating profit and revenue that are lower than analysts' estimates.
BUSINESS / Companies
Apr 9, 2025
Seven & I’s guidance miss adds to pressure amid takeover bid
Seven & I said it expects domestic convenience store sales to rise 9.4% this fiscal year, while seeing revenue from overseas convenience stores falling 3.6%.
Hon Hai Precision Industry's chief strategy officer for electric vehicles, Jun Seki, speaks during an interview.
BUSINESS / Companies
Apr 9, 2025
Hon Hai makes case to build EVs for Japan’s automobile industry
Electrified cars and buses made by Foxconn, as the Taiwanese company is known, will appear on roads in Japan over the next few years, its EV strategy chief says.
The U.S. Steel Clairton Coke Works facility in Pennsylvania
BUSINESS / Companies
Apr 9, 2025
U.S. Steel says activist investor now in favor of Nippon Steel deal
Ancora Holdings owns less than a 1% stake in the company.
A chemical plant in Mie Prefecture. The number of business failures linked to soaring labor costs and labor shortages increased 1.6 times to 309, the highest since fiscal 2013.
BUSINESS / Companies
Apr 8, 2025
Japan bankruptcies in fiscal 2024 hit 11-year high
The result reflected a surge in the number of bankruptcies due to labor shortages, particularly among small and midsize companies, and rising prices.
Nippon Steel’s proposal to buy U.S. Steel is being given a second national security review by U.S. President Donald Trump.
BUSINESS / Companies
Apr 8, 2025
Nippon Steel’s purchase of U.S. Steel to get new national security review
The order for a second review came after a call between Trump and Prime Minister Shigeru Ishiba over the tariffs.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it