Shitennō-ji temple is considered one of Osaka’s most essential Buddhist temples. Built within the sixth century throughout the rule of Prince Shotoku, it has stood agency because the high-rises of the modern-day metropolis have towered above it.
Of course, the construction hasn’t survived greater than a millennium with out some tender loving care, with its most up-to-date reconstruction going down in 1963.
Visitors to the temple reward its serenity and house amid the hustle and bustle of Japan’s third-largest metropolis. One nugget of data guests could not take away from their go to, nonetheless, is that the agency that constructed the temple can be nonetheless in operation.
Founded in 578 with the Shitennō-ji temple as its first challenge, Kongō Gumi is extensively thought of the oldest firm on this planet, operational for a staggering 1445 years and counting.
What is equally as astonishing is that Kongō Gumi shouldn’t be alone. The oldest lodge on this planet, in accordance with the Guinness Book of Records, can be in Japan. Nishiyama Onsen Keiunkan is an onsen (sizzling spring) lodge that opened within the Yamanashi Prefecture exterior Tokyo in 705.
The oldest tea home on this planet, Tsuen Tea, poured its first brew in Tokyo in 1160, and the oldest listed enterprise on the Japanese stock change is Matsui Kensetsu, a development agency that dates from 1586.
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Japanese shares draw huge overseas inflows for third week
Reuters – Nov 24
Japanese shares witnessed huge overseas inflows within the week ended Nov. 17, underpinned by robust company earnings and as traders tempered a few of their preliminary enthusiasm in regards to the prospect of a collection of U.S. rate of interest cuts.
Why Japan is dwelling to the world’s oldest companies
theceomagazine.com – Nov 24
Shitennō-ji temple is considered one of Osaka’s most essential Buddhist temples. Built within the sixth century throughout the rule of Prince Shotoku, it has stood agency because the high-rises of the modern-day metropolis have towered above it.
High demand weight-loss drug ‘Wegovy’ now coated by Japan’s medical insurance
News On Japan – Nov 23
Danish pharmaceutical big Novo Nordisk’s anti-obesity drug “Wegovy” is now coated by Japan’s public medical insurance scheme. Doctor’s, nonetheless, are involved in regards to the long-term results of this extremely addictive weight-loss remedy, and whether or not worldwide provide shortages will cease it entering into the palms of people that want it most.
Akio Toyoda steps down from main Japan’s car producers affiliation
carscoops.com – Nov 23
Toyota’s Chairman and Master Driver Akio Toyota retires from his place because the chairman of the Japan Automobile Manufacturers Association (JAMA) which represents 5.5 million staff from 14 automakers. Toyoda is the one official who led Japan’s automotive business for 3 two-year phrases, being appointed in 2012, 2018, and 2022.
Tough occasions for Japan’s chemical makers
acs.org – Nov 23
Japan’s three largest chemical firms are seeing their earnings undergo from a stoop in fundamental chemical compounds. All three skilled a pointy drop in earnings within the first half of fiscal 2023, which ended Sept. 30, and considered one of them, Sumitomo Chemical, is forecasting a lack of $655 million for the complete fiscal 12 months.
Manga artists, taxi drivers hit as Japan tax frustrations mount
Business Mirror – Nov 22
From manga artists to unbiased taxi drivers, Japanese freelancers and small companies pissed off with the potential lack of a tax break are among the many rising numbers pushing down Prime Minister Fumio Kishida’s approval score to file lows.
Winter bonuses in Japan set to rise for third 12 months in row
News On Japan – Nov 21
Private firms are anticipated to exceed final 12 months’s winter bonuses for the third consecutive 12 months, in accordance with 4 personal analysis corporations, with a mean payout per particular person rising between 2.1% to 2.5%.
Chinese automotive business is pushing Japanese and Germans out of its market
azernews.az – Nov 20
Foreigners are shedding the Chinese market. For Volkswagen, 2023 would be the 12 months of the worst gross sales in China since 2012. Hyundai, Toyota, Nissan and the Europeans are additionally shedding market share. Nissan and Huindai, for instance, are experiencing their worst years out there since 2009, Banksta’s tg channel writes, Azernews reviews.