Japan Financial News

By Leika Kihara

OML Entertainment is driving an aggressive revenue growth strategy as it enters new international markets, grows its artist management roster, and develops diverse content for top streaming platforms, Gunjan Arya, chief executive of the company told ET. The company had a top line of over ₹330 crore in FY23 and expects a significant jump in FY 24, Arya said. In FY23, the digital entertainment company recorded a strong double-digit growth in revenue mainly on the back of its strong performance internationally in the branded content segment and tours by its artists. Arya said the company's objective in FY24 has been to maintain profitability and competitiveness in its three key verticals — artist management, content production, and brand solutions. She said OML also sees big opportunities in untapped markets like Japan and China. «Our artist management has expanded its roster with diverse talents, the OTT content segment is poised for success with upcoming releases, and our branded content initiatives continue to make remarkable strides in both domestic and international markets,» Arya said. OML, which started as an artist management company, has over the years pivoted to content production in a big way, even as it strengthens its position in the artist management and branded content segments.

Chinese automaker BYD plans to build a new electric vehicle plant in Hungary, its first car factory in Europe, as part of its rapid global expansion

A congressional oversight committee has launched an investigation into the V-22 Osprey program following a deadly crash in Japan, which killed eight Air Force special operations service members

Jujutsu Kaisen Season 2 progresses toward its climax, episode #23 promises to deliver an impactful conclusion to the Shibuya Incident arc, leaving fans on the edge of their seats. With major developments and the imminent shift in the series' dynamics, the anticipation for the next episode is palpable.

Temporal Forces expansion for Pokemon TCG is slated to launch on March 22, 2024. This set is anticipated to feature cards from the Wild Force & Cyber Judge sets, expected in Japan on January 26, 2024.

The aim was to strengthen efforts, including information sharing, to counter extremism in the Indo-Pacific region. As part of the Quad Counterterrorism Working Group’s efforts, this multi-day event included presentations and a tabletop exercise focused on enhancing Quad cooperation in response to an overwhelming terrorist incident in the Indo-Pacific region, according to a US State Department statement. Discussions included exchanging information on ever-evolving terrorism threats, further developing regional coordination mechanisms, and countering terrorist use of emerging technologies. Participants explored what capabilities and support the Quad could offer, and how the Quad might coordinate in order to support the existing capacities of Indo-Pacific countries. Gregory LoGerfo, acting principal deputy coordinator for counterterrorism, led the US interagency delegation. The Quad convenes four like-minded regional partners—the US, Australia, India and Japan—to make tangible progress on pressing challenges within the region and support a free and open Indo-Pacific that is inclusive and resilient, the statement affirmed. During their meeting in September, the Quad foreign ministers held detailed discussion on counter-terror partnership. “We also discussed the recent Quad Counterterrorism Working Group’s Consequence Management Exercise, which explored the capabilities and support Quad countries could offer regional partners in response to a terrorist attack and look forward to the upcoming Quad Counterterrorism Working Group meeting and tabletop exercise in Honolulu, Hawaii in December, which will focus on countering the use of emerging technologies for terrorist purposes,” the Quad foreign minister’s statement

Asian Para Games 2023 in Hangzhou. They ended their campaign in fifth place on the medals table with 111 medals — 29 gold, 31 silver and 51 bronze. The Asian Para Games 2023 was India's best-ever medal tally at the continental multi-sport event after passing the previous record of the 2018 Asian Para Games, where they clinched 72 medals, including 15 gold, from the 2018 Asian Para Games. Only China, Iran, Japan and the Republic of Korea were ahead of India in the medal tally of the multi-sport event.

₹5,500 crore, on Friday, December 22. This marks the inaugural IPO from an Indian electric vehicle (EV) manufacturer and is notably the first IPO by a two-wheeler maker in India since the introduction of Bajaj Auto in 2008.

Federal Reserve received some holiday cheer as inflation continued to soften while consumer demand firmed, and the Bank of Japan stuck with the world’s last negative interest rate. Meantime, maritime attacks carried out by Houthi rebels in Yemen have disrupted shipping in the Red Sea, prompting a rerouting of cargoes that’s raised costs. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: World The recent spate of attacks by Yemen’s Houthi rebels on vessels transiting the major shipping route has resulted in several large shipping companies avoiding the waterway. The decision by the world’s five largest container liners — with 65% of global capacity — to suspend transits through it means higher shipping costs and longer delivery timelines.

Gyeongseong Creature Part 1 on Netflix leaves audiences grappling with uncertainties. A pre-credit cliffhanger alters the course of events, leaving viewers eager to unravel the fate of Tae-sang and others as they navigate the horrors of Onseong Hospital and confront the truth behind the Japanese government's sinister experiments.

Investing.com — Here is your Pro Recap of 4 head-turning deal dispatches you may have missed this week: Adobe Systems and Figma mutually agree to terminate merger, Nippon Steel to acquire U.S. Steel, Warner Bros. Discovery and Paramount in merger talks, and Aon to acquire NFP.

The world of football is witnessing a remarkable fusion of sports and digital innovation with the upcoming FIFA Club World Cup Saudi Arabia 2023™. In a groundbreaking move, FIFA+ Collect, in collaboration with the technology firm Modex, is set to release an exclusive digital collectible series. This initiative marks the beginning of a new partnership that melds the excitement of football with the cutting-edge realm of digital collectibles.

Both these expectations went wrong, and despite money supply shrinking the world over, the world GDP grew higher than expected driven by Japan and the US, which recorded 4.8-4.9% GDP growth in certain quarters higher than EM. With the US expected to end 2023 with a 2.6% growth in its GDP and Japan at 2%, the world economy expanded as against witnessing a “recession”. This came at the cost of higher fiscal spending, however.

Chinese automaker, BYD (SZ:002594) announced Friday that the company has decided to build a new energy vehicle production base in Hungary.

MEXICO CITY (Reuters) — Mexico will review whether workers at a Fujikura auto parts plant in the northern border city of Piedras Negras were denied the right to choose their union after a U.S. request under a trilateral trade agreement, authorities said on Friday.

Eminence in Shadow" Season 3 will release as a silverscreen movie or not, after a recent update. The update says that the feature film's title is «Eminence in The Shadow: Lost Echoes». Lately, the anime series has completed the run of its second season in Japan. The anime series which is a hit is based on the Japanese novel with the same name. The American fans can now stream the series on Hulu and HIDIVE. The series revolves around Minoru Kageno, the Japanese boy, who after facing a terrible accident, discovers himself to be living in a world infused with mystery and magic.

NEW DELHI: India’s government-backed quasi-sovereign wealth fund for infrastructure investments is now ready to welcome its new honcho. Sanjiv Aggarwal, who oversees global private equity firm Actis’s energy investments in Asia, is set to take over as the chief executive of National Investment & Infrastructure Fund (NIIF), two people aware of the matter said on condition of anonymity. “Sanjiv has been selected to head NIIF.

All asset classes experienced outflows in a week to Wednesday, including the largest withdrawal from stocks since December 2022, according to data from BofA citing EPFR Global data.

Ola Electric IPO: SoftBank Group-backed e-scooter maker Ola Electric filed its preliminary draft papers on Friday, December 22, with capital markets regulator Securities and Exchange Board of India (SEBI) to raise ₹5,500 crore through an initial public offering (IPO). This will be the first IPO by an Indian electric vehicle (EV) maker and also the first by a two-wheeler maker in India since the debut of Bajaj Auto in 2008.

NHTSA). This recall will primarily affect the 2021-2023 Model S and Model X vehicles of Tesla, as the cars fail to comply with certain federal safety standards. Those who do not know, Tesla had also recalled more than two million vehicles in the U.S.