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The president of the operator of Kappa Sushi, the smallest of Japan’s “big four” conveyor-belt sushi chains, was arrested on suspicion of stealing data from a rival, Hama-sushi operator Zensho Holdings. He is a former executive at the latter company, and is accused of copying trade secrets such as wholesale seafood prices.
Vladimir Putin announced mobilization of additional troops through conscription as the Ukraine war drags on. However, companies are protesting that having employees called up for military service will disrupt operations. The Russian defense ministry now says white-collar workers with higher education will be exempt, but businesses in various fields are likely to be affected.
When Britain’s longest-reigning monarch died at 96, it struck a blow to a country struggling with crises including Brexit, energy costs, and questions about the role of the royal family itself. Private and modest in her personal life, as a public figure she was a stabilizing force over her seven decades on the throne.
Energy prices and a weak yen are among the factors propelling rising consumer prices, which jumped 7.4 percent year-on-year in July. This was the biggest increase since 2014. Wages have not increased accordingly, but the Bank of Japan does not intend to alter its policies, believing the inflation to be temporary.
Support for Prime Minister Fumio Kishida’s Cabinet plummeted from 52 percent to 36 percent in a single month, with ties between the Liberal Democratic Party and the Unification Church cited as a primary reason. In addition to these connections, which were spotlighted after the fatal shooting of former PM Shinzo Abe, failing COVID countermeasures also drove the drop in support.
Executives of a budget business wear chain and a former Olympic Organizing Committee member were arrested for alleged bribery. The clothing company sponsored the 2020 Olympics and designed athletes’ outfits. The accusations are a setback for Japan’s relatively clean image and its ambitions to host the 2030 Winter Olympics.
The operator of the mobile carrier “au” will cut millions of customers’ bills to make up for disrupted service last month. Besides the inconvenience of being unable to communicate or receive data, the disruption meant users could not make emergency calls, prompting discussion of technical changes to address such situations.
After a 2021 amendment, the Elderly Employment Stabilization Law calls on companies to make efforts to employ workers until age 70, with the goal of shoring up Japan’s dwindling workforce. Efforts are only mandatory until age 65, but 25 percent of employers are complying by re-employing retirees or abolishing retirement ages.
A council at the Financial Services Agency estimated that an elderly couple will need at least 20 million yen assuming they live until 95 years old. It urged workers to start investing earlier to better prepare for their retirement.
Japan was stunned when former Prime Minister Shinzo Abe was fatally shot on July 8. Current PM Fumio Kishida has announced plans for a state funeral, an honor only given to one other postwar leader, Shigeru Yoshida, who also served a long term and was noted for domestic and diplomatic accomplishments.
