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India-Bound Toyota Land Cruiser FJ Launched In Japan: Everything You Need To Know
The Toyota Land Cruiser FJ has a size very similar to the Mahindra Scorpio-N sold in the Indian market.
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Metaplanet Announces JPY 4 Billion Venture Arm to Support Japan's Startups, Bitcoin Infrastructure
Metaplanet plans to invest JPY 4 billion through a new venture initiative aimed at supporting startups building Bitcoin-related infrastructure. The Tokyo-listed company will deploy the funds over the next few years through its new subsidiaries and may also support incubator programmes and grants for developers working on the Bitcoin ecosystem.
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ROG Xbox Ally X Gets Nearly $200 Price Hike in Japan Amidst Global Memory and Storage Shortages
The price of the ROG Xbox Ally X has reportedly been hiked in Japan. The handheld's price has gone up from JPY 139,800 ($910) to JPY 169,800 ($1,106) — a hike of JPY 30,000, or nearly $200. Asus has not announced a reason for the price hike, but it could be due to global memory and storage shortages.
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Sony Sells 8 Million PS5 Units in Q3 FY 2025, Reports 19 Percent PlayStation Profit Growth
Sony sold 8 million units of its PlayStation 5 console, which is in its sixth year on the market, in the key October-December quarter - a 16 percent decline from the same period a year earlier. Profit at the gaming unit grew 19 percent to JPY 140.8 billion, helped by higher sales of software and a weaker yen.
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Sony Sells 2.5 Million PS5 Units in Q1 FY 2025, Hikes Profit Forecast
Sony sees a tariff impact of JPY 70 billion, compared to jpy 100 billion forecast in May. It said the estimated impact is based on tariff rates as of August 1 and that the situation remained fluid.
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Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
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Nintendo, The Pokémon Company Seeking Injunction on Palworld, JPY 5 Million Each in Damages from Pocketpair
Palworld developer Pocketpair has shared details from the patent infringement lawsuit brought against it by Nintendo and The Pokémon Company in September, shedding light on the plaintiffs’ demands. The two companies are seeking an injunction on Palworld, a survival game with monsters that bear alleged similarities to the creatures from the Poké...
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Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
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Square Enix Says Sales of AAA Games Like Final Fantasy 7 Rebirth, Final Fantasy XVI Fell Short of Expectations
Square Enix shares fell 16 percent in the biggest decline in over a decade following disappointing sales of games like Final Fantasy 7 Rebirth, Final Fantasy XVI and Foamstars. The publisher's mobile games have also been struggling, with many games shut down in a little over a year due to poor sales.
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Japanese Watch Giant Casio Forays into NFT Space: Details
Casio has launched an NFT series with eight digital art pieces that have been created in partnership with Astar zkEVM. Banking on Japan’s gaming culture, Casio’s NFTs will be made available on Astar’s Yogi Origin game.
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Japan Aims to Treble Sales of Domestically Produced Microchips to JPY 15 Trillion by 2030
Japan aims to treble sales of semiconductors made in the country to JPY 15 trillion (roughly Rs. 9,285,004,593,300 crore) by 2030, the industry ministry said on Monday. Tokyo sees microchips as strategic products to strengthen its economic security and is providing hefty subsidies to TSMC and other chipmakers to build plants in Japan or have them e...
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Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders
Japan will be launching its digital currency for pilot test next month in April. Private companies will be onboarded by the BoJ to be participants in the testing of the digital JPY. The focus is to analyse and justify the fundamentals of the proof-of-concept (PoC) for this CBDC, which has been under testing in Japan since April 2021.
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Suzuki to Invest $35 Billion in EVs Through 2030, Will Introduce Electric Vehicles in India and Europe
Suzuki will invest $35 Billion (roughly Rs. 2,85,614 crore) in electric vehicles through 2030, the company said on Thursday. The automaker's announcement comes after other Japanese rivals have rolled out similar goals to catch up with European and US rivals in the fast-growing battery EV market.
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Nintendo Raises Annual Profit Forecast on Weaker Yen, Sells 6.68 Million Switch Unit in Six Months
Nintendo on Tuesday raised its annual profit forecast by 18 percent, as the company offset slower-than-expected Switch console sales on the back of a weaker yen. The game maker says that it expects to earn a net profit of JPY 400 billion (roughly Rs. 22,200 crore) for the year to March 2023.
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Toshiba to Boost Sales With Clean Energy, Infrastructure, Data Services; Reports Rise in Quarterly Profits
Toshiba reported a JPY 25.9 billion (roughly Rs. 1,540 crore) profit in the April-June quarter, up from JPY 18 billion (roughly Rs. 1,070 crore) a year ago, the company said on Wednesday. The Japanese firm is currently working on revamping its brand image and reassuring investors about its management, even as it is considering taking the company pr...
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India-Bound Toyota Land Cruiser FJ Launched In Japan: Everything You Need To Know
The Toyota Land Cruiser FJ has a size very similar to the Mahindra Scorpio-N sold in the Indian market.
-
Metaplanet Announces JPY 4 Billion Venture Arm to Support Japan's Startups, Bitcoin Infrastructure
Metaplanet plans to invest JPY 4 billion through a new venture initiative aimed at supporting startups building Bitcoin-related infrastructure. The Tokyo-listed company will deploy the funds over the next few years through its new subsidiaries and may also support incubator programmes and grants for developers working on the Bitcoin ecosystem.
-
ROG Xbox Ally X Gets Nearly $200 Price Hike in Japan Amidst Global Memory and Storage Shortages
The price of the ROG Xbox Ally X has reportedly been hiked in Japan. The handheld's price has gone up from JPY 139,800 ($910) to JPY 169,800 ($1,106) — a hike of JPY 30,000, or nearly $200. Asus has not announced a reason for the price hike, but it could be due to global memory and storage shortages.
-
Sony Sells 8 Million PS5 Units in Q3 FY 2025, Reports 19 Percent PlayStation Profit Growth
Sony sold 8 million units of its PlayStation 5 console, which is in its sixth year on the market, in the key October-December quarter - a 16 percent decline from the same period a year earlier. Profit at the gaming unit grew 19 percent to JPY 140.8 billion, helped by higher sales of software and a weaker yen.
-
Sony Sells 2.5 Million PS5 Units in Q1 FY 2025, Hikes Profit Forecast
Sony sees a tariff impact of JPY 70 billion, compared to jpy 100 billion forecast in May. It said the estimated impact is based on tariff rates as of August 1 and that the situation remained fluid.
-
Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
-
Nintendo, The Pokémon Company Seeking Injunction on Palworld, JPY 5 Million Each in Damages from Pocketpair
Palworld developer Pocketpair has shared details from the patent infringement lawsuit brought against it by Nintendo and The Pokémon Company in September, shedding light on the plaintiffs’ demands. The two companies are seeking an injunction on Palworld, a survival game with monsters that bear alleged similarities to the creatures from the Poké...
-
Sony Sells 2.4 Million PS5 Units in First Quarter, First-Party Games Lift PlayStation Business
Sony said its operating profit during the three months ended June was JPY 279.1 billion ($1.9 billion or roughly Rs. 15,949 crore), beating the consensus estimate of JPY 273.9 billion (roughly Rs.15,736 crore). Due to the presently weak position of Yen, Morningstar Investment director Kazunori Ito said that the PlayStation business is not as good ...
-
Square Enix Says Sales of AAA Games Like Final Fantasy 7 Rebirth, Final Fantasy XVI Fell Short of Expectations
Square Enix shares fell 16 percent in the biggest decline in over a decade following disappointing sales of games like Final Fantasy 7 Rebirth, Final Fantasy XVI and Foamstars. The publisher's mobile games have also been struggling, with many games shut down in a little over a year due to poor sales.
-
Japanese Watch Giant Casio Forays into NFT Space: Details
Casio has launched an NFT series with eight digital art pieces that have been created in partnership with Astar zkEVM. Banking on Japan’s gaming culture, Casio’s NFTs will be made available on Astar’s Yogi Origin game.
-
Japan Aims to Treble Sales of Domestically Produced Microchips to JPY 15 Trillion by 2030
Japan aims to treble sales of semiconductors made in the country to JPY 15 trillion (roughly Rs. 9,285,004,593,300 crore) by 2030, the industry ministry said on Monday. Tokyo sees microchips as strategic products to strengthen its economic security and is providing hefty subsidies to TSMC and other chipmakers to build plants in Japan or have them e...
-
Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders
Japan will be launching its digital currency for pilot test next month in April. Private companies will be onboarded by the BoJ to be participants in the testing of the digital JPY. The focus is to analyse and justify the fundamentals of the proof-of-concept (PoC) for this CBDC, which has been under testing in Japan since April 2021.
-
Suzuki to Invest $35 Billion in EVs Through 2030, Will Introduce Electric Vehicles in India and Europe
Suzuki will invest $35 Billion (roughly Rs. 2,85,614 crore) in electric vehicles through 2030, the company said on Thursday. The automaker's announcement comes after other Japanese rivals have rolled out similar goals to catch up with European and US rivals in the fast-growing battery EV market.
-
Nintendo Raises Annual Profit Forecast on Weaker Yen, Sells 6.68 Million Switch Unit in Six Months
Nintendo on Tuesday raised its annual profit forecast by 18 percent, as the company offset slower-than-expected Switch console sales on the back of a weaker yen. The game maker says that it expects to earn a net profit of JPY 400 billion (roughly Rs. 22,200 crore) for the year to March 2023.
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Toshiba to Boost Sales With Clean Energy, Infrastructure, Data Services; Reports Rise in Quarterly Profits
Toshiba reported a JPY 25.9 billion (roughly Rs. 1,540 crore) profit in the April-June quarter, up from JPY 18 billion (roughly Rs. 1,070 crore) a year ago, the company said on Wednesday. The Japanese firm is currently working on revamping its brand image and reassuring investors about its management, even as it is considering taking the company pr...
