
Japanese drugmaker Shionogi to acquire JT's pharma units in $1.1bn deal
Shionogi, a leading player in infectious disease drugs, will offer 6,350 yen for each Torii Pharmaceutical share, or 21% above the closing price on May 2. It aims to acquire all outstanding Torii shares in a tender offer to be launched on Thursday.

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Japan Today
2 hours ago
- Japan Today
Why these Japanese homes are so cheap (and so creepy)
By Jeff W. Richards Some homes in Japan are listed for half price — or not at all. Why? In this edition of Japan Today Spotlight, we explore the eerie world of jiko bukken — apartments and houses where someone died, sometimes by suicide or even murder. These 'stigmatized properties' are often avoided in Japan for cultural and superstitious reasons, even when cleaned and resold at steep discounts. We take a closer look at Japan's legal disclosure rules, the rise of ghost-cleaning and 'paranormal inspection' companies and a website where you can check if anyone died in your own building. We also compare Japan's system to property laws in the U.S., Canada, the U.K. and Australia — and ask why the stigma around death still runs so deep in Japanese real estate. Would you live in a jiko bukken? Have you ever toured or rented a place where something felt… off? We'd love to hear your story — real or imagined. Share it in the comments! Chapters: 0:00 Intro 1:08 "Jiko bukken": When a home comes with history 2:06 The business of stigmatized properties 5:18 Famous properties and forever-vacant homes 6:24 Still want such a property? 7:37 Beliefs and partners 8:15 Outro Japan Today sources: See the Japan Today Spotlight series: Don't forget to like, subscribe and turn on notifications so you never miss an update on Japan's biggest news stories on our YouTube channel: Follow us for more updates: The views and opinions expressed in this video are those of the host and do not necessarily reflect the official policy or position of GPlusMedia, Inc. © Japan Today

2 hours ago
Nissan Logs 115.7-B.-Yen Net Loss in April-June
News from Japan Economy Jul 30, 2025 20:41 (JST) Yokohama, July 30 (Jiji Press)--Struggling Japanese automaker Nissan Motor Co. on Wednesday reported a consolidated net loss of 115.7 billion yen in April-June, its first red ink for the period in five years. The loss, which compares with the year-before profit of 28.6 billion yen, reflected the impact of high tariffs imposed by the administration of U.S. President Donald Trump. The company last posted a net loss for the quarter in 2020, during the COVID-19 pandemic. Nissan logged an operating loss of 79.1 billion yen for April-June this year, against a profit of 1 billion yen a year before. The company attributed 68.7 billion yen of the loss to the U.S. tariff impact. For the first half through September, the company forecasts an operating loss of 180 billion yen. [Copyright The Jiji Press, Ltd.] Jiji Press

2 hours ago
Toyota Group's Jan.-June Global Sales Hit Record High
News from Japan Economy Jul 30, 2025 19:41 (JST) Tokyo, July 30 (Jiji Press)--The Toyota Motor Corp. group's global automobile sales rose 7.4 pct from a year earlier to about 5.54 million units in January-June, setting a new first-half record high, the leading Japanese automaker said Wednesday. The previous January-June record of the group, including subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., was 5.46 million units, marked in 2021. The latest figure far surpassed the 4.4 million units sold by Germany's Volkswagen Group. Toyota led the global industry in first-half vehicle sales for the sixth consecutive year. Toyota's sales were partly pushed up by last-minute demand before the implementation of higher U.S. tariffs. In the North American market, the hybrid versions of its Camry sedan and Sienna minivan sold well. "Although the last-minute demand is settling down, we see steady demand," a Toyota official said. [Copyright The Jiji Press, Ltd.] Jiji Press