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Japan's National Average Land Prices See Largest Increase Since 1992

On the 17th, Japan's Ministry of Land, Infrastructure, Transport and Tourism announced the standard land prices as of July 1 this year. The national average land prices for residential, commercial, and all types of land have risen for the third consecutive year, marking the largest increase since 1992, following the sharp decline after the burst of the economic bubble. The increase for all types of land was 1.4%, up by 0.4 percentage points from the previous year. The rise was influenced by an increase in inbound tourists, the depreciation of the yen, and an inflow of funds from wealthy overseas individuals and investors. In regional areas, excluding the four major cities (Sapporo, Sendai, Hiroshima, and Fukuoka), the average land price for all types of land has increased for the first time in 32 years.πŸ””πŸ””πŸ””πŸ””

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Mars Meteorite Discovered in Antarctica by Japan to be Exhibited for the First Time at Osaka Expo

The Japanese government announced on the 17th that the "Mars meteorite," preserved by the National Institute of Polar Research in Tachikawa, Tokyo, will be a featured exhibit at the 2025 Osaka-Kansai Expo. This meteorite was discovered in Antarctica by a Japanese research team in 2000, and subsequent analysis confirmed that it originated from Mars. The Expo will mark the first time it is displayed to the public.✨✨✨

The meteorite measures 29 cm in length, 22 cm in width, and 16 cm in height, and weighs approximately 13 kilograms, making it one of the largest known Martian meteorites in the world. Analysis of the gases within the rock indicates its Martian origin. It is believed to have been ejected into space due to an asteroid impact on Mars before eventually falling to Earth.β˜„οΈβ˜„οΈβ˜„οΈ

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Nikkei Index Falls by 1.03% as Semiconductor Sector Slumps

Tokyo stock market resumed trading on the 17th after a three-day weekend, with the Nikkei index continuing its decline. At one point, it fell by over 700 points, dropping below the 36,000 mark. The index closed at 36,203.22, down 378.54 points from last Friday, marking a 1.03% decrease. Due to the decline in the U.S. stock market overnight, where the Nasdaq, dominated by tech stocks, closed lower, selling pressure increased in the semiconductor sector of the Tokyo market.πŸ”½πŸ”½πŸ”½

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JSR Launches Resin for Antibody Drug Purification

JSR, a major semiconductor materials company based in Tokyo's Minato Ward, announced on the 17th that it has launched a new resin product for use in the purification of antibody drugs, targeting pharmaceutical manufacturers and others. The company claims that the new product allows for more efficient purification compared to existing products, thereby reducing the manufacturing costs of antibody drugs, which are often expensive, and promoting their widespread use.πŸ‘πŸ‘πŸ‘

Antibody drugs are biopharmaceuticals that use "antibodies," which are immune substances. They are expected to be highly effective in treating diseases that are difficult to cure, such as cancer. However, the cost of manufacturing equipment and materials is high, which often leads to a high price for these drugs.πŸ˜‘πŸ˜‘πŸ˜‘πŸ˜‘

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Typhoon No. 14 Expected to Approach Okinawa Around the 18th to 19th

Typhoon No. 14 is expected to approach Okinawa around the 18th to 19th. Depending on the typhoon's path, there is a possibility of high waves and heavy rain reaching warning levels, so it is important to stay updated with the latest typhoon information. From around the 20th, the autumn rain front is expected to stall near Honshu, which may result in heavy rain mainly on the Pacific side of eastern and western Japan during the three-day weekend leading up to the 23rd.πŸŒ€πŸŒ€

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H2A Rocket No. 49 Launch Postponed Again

Mitsubishi Heavy Industries announced on the 16th that the launch of H2A Rocket No. 49, scheduled for the same afternoon, has been postponed. This is due to predicted high-altitude winds around the launch site at Tanegashima Space Center (Kagoshima Prefecture) not meeting the required conditions.🌬️❌❌

According to Mitsubishi Heavy, the rocket was moved to the launch pad at 2:24 PM on the 16th. However, strong high-altitude winds were forecasted, and there was a risk that debris could scatter outside the safety zone if a "command destruction" of the rocket was needed in case of a malfunction. As a result, the launch has been postponed.πŸ“ŒπŸ“ŒπŸ“Œ

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Japan's Air Self-Defense Force Fighter Jets Cancel First Planned Deployment to India

It was recently learned that the Japan Air Self-Defense Force (JASDF) fighter jets have canceled their participation in the multilateral air exercise "Tarang Shakti," which India is hosting for the first time. The jets had initially planned to join the exercise and had moved to Singapore en route to India. However, the plan was abandoned due to aircraft malfunctions and adverse weather conditions, according to officials from the Ministry of Defense.πŸ“£

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Japanese Ambassador to China Promotes Kansai Expo at Trade Fair

On the 15th, at the China International Fair for Trade in Services (CIFTIS) held in Beijing, Japanese Ambassador to China, Koji Tsuruoka, promoted the 2025 Osaka-Kansai Expo. He called for using the Expo as an opportunity to showcase Japan's diversity and innovation.πŸ“£πŸ“£πŸ“£

Tsuruoka spoke at the Japan Pavilion, organized by the Japan External Trade Organization (JETRO), which features 60 companies and organizations. He also expressed hope that the Expo would "promote exchanges between Japan and China." The official mascot of the Kansai Expo, "Maimai," also appeared, engaging with visitors through Q&A sessions to promote the Expo.πŸ”₯πŸ”₯πŸ”₯

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The whisky distillery "10,000 Yen Tour" is thriving.🍺

Suntory's whisky distillery tours are enjoying great popularity. Looking back over the past 10 years at the Yamazaki Distillery in Osaka (excluding the COVID-19 period), the number of visitors has been near full capacity, with an expected 125,000 visitors in 2024. The Hakushu Distillery in Yamanashi has seen between 130,000 and 150,000 visitors over the same period, with the number expected to reach around 167,000 this year. In 2025, this number is projected to increase further to 170,000.🀩🀩🀩

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Jakarta MRT New Line Construction Begins with Japanese Loan and Technology

The capital of Indonesia, Jakarta, is set to build a new city rapid transit (MRT) line running east-west. The groundbreaking ceremony took place on the 11th at the planned station site, with President Joko Widodo in attendance. Japan is providing approximately 140 billion yen in yen loans through the Japan International Cooperation Agency (JICA), and Japanese technology will be used for the construction.πŸ‘πŸ‘πŸ‘

The new east-west line will intersect with the north-south line in the city center of Jakarta. Initially, 24.5 kilometers of the 84.1-kilometer line will be constructed, with completion expected by 2031. The underground tunnel work, vehicles, and signaling systems will use technology from Japanese companies.πŸ’ͺπŸ’ͺπŸ’ͺ

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Jakarta, Indonesia, Holds Japan Festival to Promote Tourism and Attract Nursing Talent

A Japan festival was held in Jakarta, the capital of Indonesia, on the 14th, where visitors could experience Japanese culture to deepen their understanding. Various prefectures promoted their local attractions with a focus on tourism. Tokyo, which emphasizes attracting nursing personnel from Indonesia, also participated in the event. Visitors could try on assistive clothing used in some nursing facilities.πŸ₯°πŸ₯°πŸ₯°

At the venue, Indonesians wearing headbands carried portable shrines and chanted. Volunteers performed the "YOSAKOI" dance from Kochi Prefecture and played Japanese music using the Indonesian bamboo percussion instrument, the "angklung."πŸ₯³πŸ₯³πŸ₯³

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Japanese Team Wins Ig Nobel Prize for Discovering Mammals Can Breathe Through Their Anus

The winners of this year's Ig Nobel Prizes were announced on the 12th at the Massachusetts Institute of Technology (MIT) in the United States. The team led by Professor Takanori Takebe, 37, from Tokyo Medical and Dental University, received the physiology prize for their discovery that mammals can also breathe through their anus. A clinical trial has already been launched to explore the potential of supplying oxygen through the intestines to alleviate symptoms in patients with impaired lung function.πŸ†πŸ†

With this award, Japanese researchers have won the Ig Nobel Prize for 18 consecutive years. In an interview, Takebe stated, "We will move forward with a renewed spirit to bring this research to benefit patients with breathing difficulties as soon as possible."πŸ’ͺπŸ’ͺπŸ’ͺ

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Japan's Oldest Man Passes Away at 110

It has been reported that Tomisaburo Wakui, Japan's oldest man from Atsugi City in Kanagawa Prefecture, has passed away at the age of 110. The news was confirmed through an interview with the Atsugi City government.🫑🫑🫑

According to the city government, Wakui was born on November 28, 1913. After a 112-year-old man from Tateyama City, Chiba Prefecture, passed away in late March this year, Wakui became the oldest man in Japan.πŸ˜‡πŸ˜‡πŸ˜‡

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Mitsubishi Heavy Industries announced that it will launch the H2A rocket on the 16th.

Mitsubishi Heavy Industries announced on the 13th that it will launch the H2A rocket, carrying the government’s intelligence-gathering satellite "Radar 8," on the 16th from the Tanegashima Space Center (Kagoshima Prefecture). The launch is scheduled to take place between 2:24:20 PM and 2:25:21 PM. It was originally planned for the 11th but was postponed due to anticipated bad weather.πŸš€πŸš€

The H2A is a domestically-produced, mainstay liquid-fueled rocket. The plan is to end its operation with the 50th unit this year and transition to the new H3 rocket, which is being developed by the Japan Aerospace Exploration Agency (JAXA) and Mitsubishi Heavy Industries.πŸ‘πŸ‘πŸ‘

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The Expo is expected to incur an additional cost of up to 9 billion yen.

On the 13th, the Japan Association for the 2025 Osaka-Kansai Expo revealed that it would incur additional costs of 8 to 9 billion yen due to expenses related to repurposing vacant spaces in overseas pavilions and implementing safety measures following a methane gas explosion during venue construction. The decision was made during a board meeting held in Osaka on the same day.🧐🧐🧐

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The number of centenarians in Japan exceeds 95,000, marking 54 consecutive years of increase.

In conjunction with Japan's "Respect for the Aged Day" on September 16, the Ministry of Health, Labour, and Welfare announced on the 17th that the number of centenarians nationwide has reached 95,119, setting a new record. This represents an increase of 2,980 individuals from last year, marking the 54th consecutive year of growth. Among them, 83,958 are women, accounting for 88.3%, while 11,161 are men. The oldest person is a 116-year-old woman from Ashiya City, Hyogo Prefecture.πŸ“ˆπŸ“ˆπŸ“ˆ

Compared to last year, the number of men and women increased by 625 and 2,355, respectively. In the fiscal year 2024, 47,888 people will turn 100, an increase of 781 from the previous year.πŸ”ΌπŸ”ΌπŸ”Ό

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Japan to Provide WHO with the Most Monkeypox Vaccines

Amid the spread of monkeypox, primarily in Africa, the World Health Organization (WHO) recently announced that Japan, along with Western countries, has proposed supplying over 3.6 million doses of vaccines in total. Of these, around 3 million doses will be provided by Japan, which WHO describes as the largest support to date.πŸ™‚πŸ™‚πŸ™‚

Japan is offering the smallpox vaccine "LC16," produced by KM Biologics, a pharmaceutical company of the Meiji Group.πŸ’ŠπŸ’ŠπŸ’Š

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Sharp Unveils EV Prototype with the Theme of Expanding the Living Room

On the 17th, Sharp held a "Tech-Day" technology exhibition in Tokyo, where it revealed its electric vehicle (EV) prototype, "LDK+," to the media. The theme of this model is "expanding the living room space," featuring a large display screen and rotating seats in a single-box EV design.πŸ‘πŸ‘πŸ‘

The prototype embodies Sharp's concept and does not have an engine. It was developed in collaboration with its parent company, Foxconn, and folofly (based in Kyoto), which is involved in EV-related business. The EV's base structure uses a chassis from Foxconn, with plans for market release in the next few years.πŸ’ͺπŸ’ͺπŸ’ͺ

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Long-term Interest Rates Decrease to 0.825%; Speculation of a Significant Rate Cut by the Federal Reserve

On Monday the 17th, in the government bond market, the closing yield of the newly issued 10-year bonds (375th issue, coupon rate 1.1%) stood at 0.825%, 0.015% lower than the previous weekend. Speculation is growing that the Federal Reserve (FRB) will decide on a significant rate cut during its meeting starting on the 17th, which led to a decline in U.S. long-term interest rates the previous day, subsequently affecting Japan's government bond market.πŸ“‰πŸ“‰πŸ“‰

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The 76th Primetime Emmy Awards 2024: Hiroyuki Sanada in "SHOGUN"

The 76th Primetime Emmy Awards, often referred to as the "Academy Awards" of American television, took place in Los Angeles on the 15th (September 16th Japan time). Hiroyuki Sanada's drama "SHOGUN"β€”which he produced and starred inβ€”won the Outstanding Drama Series award. This marks a historic achievement as the show, set during Japan's Sengoku period and featuring mostly Japanese dialogue, has made its mark in Emmy history.🀩🀩🀩🀩

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Commercial Whaling Company Promotes Fin Whale Meat in Tokyo

Kyodo Senpaku, a company engaged in commercial whaling, recently held a sales meeting at Toyosu Market in Tokyo for buyers from conveyor-belt sushi restaurants and fresh fish shops to promote high-quality fin whale meat. Since fin whales were only added to the list of commercially hunted species in late July, this will be the first time in 48 years that fin whale meat is officially available on the market. The expected retail price at supermarkets and other stores is around 500 yen per 100 grams.😍😍😍

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The yen has strengthened to the 139 yen level against the dollar.

In the foreign exchange market, the yen has strengthened to the 139-yen level against the dollar, the highest since July 28 of last year. This marks a one-year and two-month high, setting a new peak for this year.πŸ“ˆπŸ“ˆπŸ“ˆ

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Tokyo Festival 2024

"Tokyo Festival 2024" will focus on the unique appeal of performing arts, where diverse values are created as people visit theaters, engage in dialogue, and exchange ideas. With the theme "Transit Now: Let's Take a Detour into the World of Theater," the festival aims to create a space where everyone can easily participate in this celebration of the performing arts.πŸ₯³πŸ₯³πŸ₯³

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Tokyo Odaiba to Build World's Largest Fountain

On September 13, the Tokyo Metropolitan Government announced plans to build a fountain at Odaiba Seaside Park that will be among the largest in the world, tentatively named "ODAIBA Fountain." The project is set to be completed by the end of 2025. This development aims to further enhance the vibrant atmosphere of the seaside urban area, attracting both domestic and international visitors.πŸ‘πŸ‘πŸ‘πŸ‘

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The Chairman of the Japan Association of Travel Agents proposes issuing free passports to new adults.✈️

Hiroyuki Takahashi, Chairman of the Japan Association of Travel Agents (and President of JTB), recently stated in an interview with Kyodo News that he would propose to the government the idea of issuing free passports to new adults aged 18. He mentioned that overseas travel has been β€œhindered by the depreciation of the yen and rising travel costs” following the COVID-19 pandemic, resulting in a slow recovery. To boost young people's willingness to travel, he plans to lobby both political and government circles.🫑🫑🫑

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U.S. Government Approves Sale of Up to 9 Aerial Refueling Tankers to Japan

The U.S. government on the 13th approved a plan to sell up to nine KC-46A aerial refueling tankers and related equipment to Japan, notifying Congress of the decision. The total value is expected to reach $4.1 billion. The U.S. stated that this sale will enhance Japan's aerial refueling capabilities and strengthen deterrence against regional threats.πŸ’ͺπŸ’ͺπŸ’ͺπŸ’ͺ

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Okinawa Governor Criticizes U.S. Military Sexual Assault Cases in Speech at Columbia University

Okinawa Governor Denny Tamaki, currently visiting the United States, arrived in New York from Washington, D.C., on the 12th and delivered a speech in English to about 50 students and others at Columbia University. Regarding the recent cases of sexual assault by U.S. military personnel stationed in Okinawa, he pointed out that similar incidents have occurred many times in the past, emphasizing that "the series of cases has rekindled the anger of the Okinawan people."😑😑😑

In his speech, Tamaki mentioned the Japan-U.S. Status of Forces Agreement, which exempts U.S. military personnel in Japan from Japanese domestic law. He stated that "countries like Germany and Italy apply their national laws to restrict U.S. military activities" and called for a prompt revision of the agreement.πŸ”₯πŸ”₯πŸ”₯

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Kansai Electric Power Announces Partnership with U.S. Giant to Build Data Center in Kyoto

On the 12th, Japan's Kansai Electric Power Company announced that it would construct a large-scale data center in partnership with the U.S. giant CyrusOne in Seika Town, Kyoto Prefecture. As the demand surges due to the spread of generative artificial intelligence (AI), Kansai Electric aims to cultivate its data center business as a source of revenue. Over the next decade, the company plans to invest over 1 trillion yen to establish new data centers in various locations.πŸ‘€πŸ‘€πŸ‘€

The facility will be a four-story building with a total floor area of approximately 38,000 square meters. Operations are expected to begin in the 2027 fiscal year, with U.S. IT giants that manage data on the internet envisioned as potential customers. The power required for operation is estimated to be 70 megawatts.❀️❀️❀️

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The plaintiffs in the forced sterilization lawsuit have signed a settlement agreement with the Japanese government.🀝

Regarding the lawsuit over forced sterilizations under the former Eugenic Protection Law, the plaintiffs and the Japanese government signed a settlement agreement on the 13th. Prior to this, final adjustments were made concerning the government's payment of 15 million yen (approximately 750,000 RMB) in emotional distress compensation to those who underwent the procedure. Lawsuits currently being reviewed across various regions will gradually enter the settlement process, bringing resolution to the issue about 6 years and 7 months after the first lawsuit was filed in 2018.πŸ“ŒπŸ“ŒπŸ“Œ

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Typhoon No. 13 is expected to approach Okinawa Prefecture and the Amami region of Kagoshima Prefecture on the 14th.

Typhoon No. 13 is expected to approach Okinawa Prefecture and the Amami region of Kagoshima Prefecture on the 14th. The Japan Meteorological Agency is urging caution against strong winds and high waves.πŸŒ€

According to the agency, maximum wind gusts of up to 40 meters per second are expected in Okinawa and the Amami region on the 14th. The forecasted 24-hour rainfall by 6 p.m. on the 14th is 120 mm in Okinawa and 100 mm in the Amami region.😱

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