ECONOMY

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ECONOMY

Kishida explains his idea for “new capitalism” at Davos conference  

Nikkei, Yomiuri, and Sankei wrote that in a virtual address to the Davos Agenda conference on Tuesday, Prime Minister Kishida said his government will focus on climate change and digital transformation as part of his efforts to create a new form of capitalism. Kishida reportedly stressed the need for the international community to work together to transform economic and social structures and….Read more

  • January 19, 2022
  • , Yomiuri, Nikkei, Sankei
  • JMH Summary

SCIENCE > Health

More Japanese companies reinstating telework in response to Omicron

Nikkei reported that a growing number of Japanese firms are now allowing their workers to telework in response to the COVID-19 resurgence caused by the Omicron variant, saying that Panasonic is requiring its employees in Okinawa, Hiroshima, and Yamaguchi, which are currently under a quasi-state of emergency, to work from home. Osaka Gas plans to have 70% of its employees….Read more

  • January 18, 2022
  • , Nikkei
  • JMH Summary

ECONOMY > Energy

Inpex to conduct survey for Japan’s 1st gas project in decades

Tokyo, Jan. 17 (Jiji Press)–Inpex Corp. <1605> said Monday that it will conduct an exploratory drilling survey off Japan’s western coast from March to July, expecting natural gas production from around 2032 if sufficient reserves are discovered.   It would be Japan’s first full-fledged natural gas production in some 20 years and the first in an offshore field in about 30….Read more

  • January 17, 2022
  • , Jiji Press , 9:08 p.m.
  • English Press

ECONOMY

Local subsidy program to be reintroduced to accelerate pluthermal program

By Nagasaki Junichiro   In FY 2022, the Ministry of Economy, Trade and Industry (METI) will reinstate subsidies for municipalities that introduce pluthermal energy, which utilizes plutonium processed out of spent nuclear fuel. Major utility companies are aiming to introduce pluthermal technology at more than 12 reactors by FY 2030, but only four reactors use the technology so far. METI….Read more

  • January 16, 2022
  • , Asahi , p. 3
  • JMH Translation

SCIENCE > Environment

Japan’s ammonia push in Southeast Asia seen as aiding coal

JUNTARO ARAI, Nikkei staff writer   TOKYO — Japan bolstered cooperation with Indonesia, Thailand and Singapore on ammonia and hydrogen fuel under new agreements clinched by Japan’s trade minster this week, but the approach has raised international criticism as helping coal power.   Japan aims to develop technology for ammonia-exclusive firing — generating electricity using just ammonia — by 2030,….Read more

  • January 14, 2022
  • , Nikkei Asia , 3:07 p.m.
  • English Press

ECONOMY

As omicron surges, Japan fears twin threat of worker and parts shortages

TOKYO — From auto factories to nursing homes to trains, workplaces in Japan face the risk that the fast-spreading omicron variant will leave them without enough staff to maintain operations.   Some, including Mazda Motor and major air conditioner manufacturer Daikin, have barred lunch or dinner parties. Others, like East Japan Railway, or JR East, are training staff to ensure that….Read more

  • January 15, 2022
  • , Nikkei Asia , 4:16 a.m.
  • English Press

SECURITY

Commentary: Corporate Japan fears economic security bill’s impact on China trade

TETSUSHI TAKAHASHI, Editor, Economic News Group   TOKYO — Hitoshi Ito, vice president of Toko Tekko, a drone maker based in Odate, Akita Prefecture, spends his days with a sense of uneasiness.   He cannot dispel concerns about an economic security bill Prime Minister Fumio Kishida’s administration is moving ahead with. “I’m afraid the new bill, which focuses on supply….Read more

SECURITY

Chips and batteries: Japan to amp up supply chains with subsidies

RIEKO MIKI, Nikkei staff writer   TOKYO — The Japanese government plans to set up a subsidy program to assist companies developing chips, large-capacity batteries and other key materials to ensure a steady supply of strategic products, Nikkei has learned.   The move comes after U.S.-China trade tensions and the pandemic have exposed vulnerabilities in Japan’s supply chains. Its reliance….Read more

ECONOMY

EXCLUSIVE: Japan govt mulling new section for secret patents

Tokyo, Jan. 15 (Jiji Press)–The Japanese government is discussing setting up a security department to determine technologies that will be closed to the public under an envisioned patent secrecy system, Jiji Press learned Saturday.   The government hopes to create the new department to protect secret information related to national security from patent disclosures, sources said.   The Japan Patent….Read more

  • January 15, 2022
  • , Jiji Press , 7:34 p.m.
  • English Press

INTERNATIONAL > U.S.

Japan should consider U.S. thinking on economic security

By “Kogoro”   Economic security will be one of the issues discussed during the ordinary Diet session that convenes on Jan. 17. The emphasis will be on building a network to contain China together with the United States, Japan’s ally. Even though the Biden administration is generally considered to be liberal, its stance toward China is actually more hardline than….Read more

  • January 12, 2022
  • , Nikkei , p. 25
  • JMH Translation
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