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Japan’s Ulvac to reshore production of rare earth magnet-making equipment

Supply Chain Manufacturer seeks to mitigate supply chain risk for clients with shift from China Ulvac will establish capacity to make vacuum melting furnaces at the plant located at the company’s headquarters in Chigasaki, Japan. (Ulvac) TOKYO — Ulvac will soon move production of equipment that makes rare-earth magnets back to Japan from China, Nikkei has learned.

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State Street and SBI to launch low-fee investment trusts in Japan

Finance Japanese financial group aims to compete with fund from Mitsubishi UFJ Asset Management SBI looks to leverage State Street’s investment capabilities and extensive product portfolio. (Source photos by Nikkei) RYUTA MINAMIHATA and KINU YONAGA TOKYO — Japanese financial group SBI Holdings and U.S. asset management giant State Street Investment Management will partner to launch investment […]

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Kao shareholders vote down Oasis’s bid for independent supplier probe

Equities Retail shareholders back company’s track record, but urge further supply chain transparency Activist investor Oasis Management has been campaigning for changes to Kao’s board since taking a stake in the household products company in 2024. (Source photos Tomoki Mera, Oasis website) TOKYO — Shareholders of Japan’s Kao on Thursday voted down an activist investor’s proposal for […]

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Japanese airlines see decrease in net profit for FY26 with fuel hikes

Companies JAL calls global conditions ‘increasingly uncertain;’ Chinese carriers catch tailwind Jet fuel prices are rising faster than expected for Japan’s big airlines and threatening profits. (Photo by Takaki Kashiwabara) MAYUKO KURIHARA April 30, 2026 13:11 JST Updated on April 30, 2026 20:02 JST TOKYO — Japan’s two major airlines project their net profits for […]