Hovercrafts Set to Return to Oita Prefecture in December
After a 15-year hiatus, hovercrafts are making a comeback. Oita Prefecture is preparing to reopen Japanβs only passenger hovercraft route as early as December.π π π
The hovercrafts will transport passengers across Beppu Bay, connecting Oita Airport in Kunisaki City with Oita City in approximately 30 minutes.π π π
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After a 15-year hiatus, hovercrafts are making a comeback. Oita Prefecture is preparing to reopen Japanβs only passenger hovercraft route as early as December.
The hovercrafts will transport passengers across Beppu Bay, connecting Oita Airport in Kunisaki City with Oita City in approximately 30 minutes.
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Wall Street Drops on Big Tech Losses; Asian Stocks Mixed
Asian stock markets were mixed on Thursday following a decline in Wall Street stocks pressured by losses in the tech sector.π π π
Tokyoβs Nikkei 225 rose 0.7% to 38,400.00, while Australiaβs S&P/ASX 200 gained 0.8% to 8,473.30. Meanwhile, South Koreaβs KOSPI remained flat at 2,503.01 as the central bank lowered its benchmark interest rate to ease pressures on a slowing economy.π― π― π―
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Asian stock markets were mixed on Thursday following a decline in Wall Street stocks pressured by losses in the tech sector.
Tokyoβs Nikkei 225 rose 0.7% to 38,400.00, while Australiaβs S&P/ASX 200 gained 0.8% to 8,473.30. Meanwhile, South Koreaβs KOSPI remained flat at 2,503.01 as the central bank lowered its benchmark interest rate to ease pressures on a slowing economy.
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Fukushima Daiichi Fuel Debris: TEPCO Considers Another Retrieval Using βFishing Rod Deviceβ
Tokyo Electric Power Company (TEPCO) announced on the 28th that it is considering another retrieval of melted nuclear fuel (fuel debris) from the Fukushima Daiichi Nuclear Power Plantβs Unit 2. Similar to the initial trial retrieval, the plan involves using a βfishing rod-style device.β The first retrieval, completed earlier this month, yielded only about 0.7 grams, prompting efforts to gather more data. The timing of the next operation is still under review.π π π
TEPCO plans to analyze the retrieved fuel debris over several months to a year to inform future methods for retrieval and storage. Meanwhile, Shinsuke Yamanaka, chairman of the Nuclear Regulation Authority, and experts in a government decommissioning panel have urged TEPCO to conduct further sampling to increase the amount of data collected.π π π
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Tokyo Electric Power Company (TEPCO) announced on the 28th that it is considering another retrieval of melted nuclear fuel (fuel debris) from the Fukushima Daiichi Nuclear Power Plantβs Unit 2. Similar to the initial trial retrieval, the plan involves using a βfishing rod-style device.β The first retrieval, completed earlier this month, yielded only about 0.7 grams, prompting efforts to gather more data. The timing of the next operation is still under review.
TEPCO plans to analyze the retrieved fuel debris over several months to a year to inform future methods for retrieval and storage. Meanwhile, Shinsuke Yamanaka, chairman of the Nuclear Regulation Authority, and experts in a government decommissioning panel have urged TEPCO to conduct further sampling to increase the amount of data collected.
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Seven & i Secures First-Round Bids for York Holdings Stake Acquisition
Seven & i Holdings has received multiple bids for the planned sale of its subsidiaryβs shares, as the company focuses on blocking a takeover bid by a Canadian firm, according to sources.π§ π§ π§
U.S. investment funds, including Fortress Investment Group, and major trading house Sumitomo Corporation were among the bidders in the first round for acquiring shares of York Holdings, an intermediate holding company established in October.π π π
The deadline for the first-round bids for York Holdingsβ shares was November 28, according to the sources.π«€ π«€ π«€
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Seven & i Holdings has received multiple bids for the planned sale of its subsidiaryβs shares, as the company focuses on blocking a takeover bid by a Canadian firm, according to sources.
U.S. investment funds, including Fortress Investment Group, and major trading house Sumitomo Corporation were among the bidders in the first round for acquiring shares of York Holdings, an intermediate holding company established in October.
The deadline for the first-round bids for York Holdingsβ shares was November 28, according to the sources.
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Keidanren Proposes Establishing βMinistry of Contentβ for Anime and Games
Japanβs largest business lobby, Keidanren, has urged the government to significantly increase its budget and establish a βMinistry of Contentβ to strengthen the international competitiveness of the countryβs entertainment industry.π© π© π©
Last year, Keidanren recommended that entertainment media such as anime and games should serve as a driving force for Japanβs economic growth.π π π
In its latest proposal, Keidanren expressed concern that Japan risks losing its international competitiveness in high-quality media to countries like South Korea, highlighting the urgency of the situation.π π π
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Japanβs largest business lobby, Keidanren, has urged the government to significantly increase its budget and establish a βMinistry of Contentβ to strengthen the international competitiveness of the countryβs entertainment industry.
Last year, Keidanren recommended that entertainment media such as anime and games should serve as a driving force for Japanβs economic growth.
In its latest proposal, Keidanren expressed concern that Japan risks losing its international competitiveness in high-quality media to countries like South Korea, highlighting the urgency of the situation.
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As long as tourists refrain from causing disturbances, the unobstructed view of Mount Fuji can be preserved.
There is hope that unruly foreign tourists will learn a lesson and no longer obstruct the majestic view of Mount Fuji in the future.π π π
At a press conference on November 29, Mayor Hideyuki Watanabe stated, βI feel that an unspoken understanding is gradually taking root among foreign tourists, as weβve seen improvements in littering situations and better adherence to lines for taking photos.βπ€·ββοΈ π€·ββοΈ π€·ββοΈ
In response to complaints from residents about foreign tourists littering or dangerously crossing roads to take photos of the 3,776-meter-high mountain, authorities installed a 20-meter-long, 2.5-meter-high vinyl sheet in front of a convenience store in May.π€’ π€’ π€’
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There is hope that unruly foreign tourists will learn a lesson and no longer obstruct the majestic view of Mount Fuji in the future.
At a press conference on November 29, Mayor Hideyuki Watanabe stated, βI feel that an unspoken understanding is gradually taking root among foreign tourists, as weβve seen improvements in littering situations and better adherence to lines for taking photos.β
In response to complaints from residents about foreign tourists littering or dangerously crossing roads to take photos of the 3,776-meter-high mountain, authorities installed a 20-meter-long, 2.5-meter-high vinyl sheet in front of a convenience store in May.
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In October, 3.31 million people visited Japan, setting a record for tourist arrivals.
Japanβs popularity as a travel destination continues to grow, with October marking a new single-month record of 3.31 million visitors, surpassing the previous record of 3.29 million set in July.π π π
According to the Japan National Tourism Organization (JNTO), the figure for October represented a 31.6% increase compared to the same month last year.
JNTO noted that cooler temperatures and stunning autumn foliage contributed to an increase in visitors arriving by air, particularly from China and the United States.π π π
The total number of tourists since January has reached 30.19 million, surpassing the 30-million milestone at the fastest pace since records began in 1964.π₯ π₯ π₯
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Japanβs popularity as a travel destination continues to grow, with October marking a new single-month record of 3.31 million visitors, surpassing the previous record of 3.29 million set in July.
According to the Japan National Tourism Organization (JNTO), the figure for October represented a 31.6% increase compared to the same month last year.
JNTO noted that cooler temperatures and stunning autumn foliage contributed to an increase in visitors arriving by air, particularly from China and the United States.
The total number of tourists since January has reached 30.19 million, surpassing the 30-million milestone at the fastest pace since records began in 1964.
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The start of Kyotoβs autumn foliage season is delayed due to warm weather.π
Unseasonably high temperatures have caused major disruptions to Kyotoβs autumn foliage season, a time when large numbers of tourists typically visit the area.π π π
Authorities now estimate that the foliage will reach its peak beauty around mid-December.π₯° π₯° π₯°
According to the Kyoto Local Meteorological Observatory, only about 10% of the leaves on four Irohamomiji trees designated as specimen trees at Nijo Castle in Nakagyo Ward had changed color by November 22. As of November 28, the figure remains at just 20β30%.π«‘ π«‘ π«‘
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Unseasonably high temperatures have caused major disruptions to Kyotoβs autumn foliage season, a time when large numbers of tourists typically visit the area.
Authorities now estimate that the foliage will reach its peak beauty around mid-December.
According to the Kyoto Local Meteorological Observatory, only about 10% of the leaves on four Irohamomiji trees designated as specimen trees at Nijo Castle in Nakagyo Ward had changed color by November 22. As of November 28, the figure remains at just 20β30%.
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