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Hydrogen in cars: BMW and Toyota plan series cars from 2028: BMW and Toyota want to work together to help hydrogen-powered fuel cells in cars achieve a ...
heise.de/news/Wasserstoff-im-Pkw-BMW-und-Toyota-planen-Serienauto-ab-2028-9858851.html
Quick Glance: Hydrogen Cars: BMW and Toyota Explore New Horizons
- BMW plans to launch its first hydrogen fuel cell series model in 2028 in collaboration with Toyota.
- Despite low sales figures of hydrogen cars, both companies believe in technological openness and a multi-pathway approach to climate neutrality.
- The BMW CEO describes the planned vehicle as a milestone, while the hydrogen refueling infrastructure in Europe is expected to expand by 2030.
- The costs of the project will be shared between BMW and Toyota, as initial sales figures are expected to be low.
Toyota cuts 2026 global EV output plans by a third, Nikkei reports: Japan's Toyota Motor has slashed its electric vehicle production plans for 2026 by a third ...
reuters.com/business/autos-transportation/toyota-cut-2026-global-ev-production-by-around-third-1-mln-nikkei-reports-2024-09-06/
Japan Coast Guard Plans to Build Its Largest Patrol Vessel Ever: The new ship, an ultra-large multipurpose patrol vessel, will be around 200 meters long and will ...
thediplomat.com/2024/09/japan-coast-guard-plans-to-build-its-largest-patrol-vessel-ever/
Quick Glance: Japan Plans to Build Largest Patrol Vessel Ever
- The Japan Coast Guard is set to construct a 200-meter, 30,000-ton patrol vessel to enhance disaster response capabilities.
- An initial budget request of 3.43 billion yen for fiscal year 2025 has been made, with total construction costs estimated at 68 billion yen.
- The vessel will accommodate over 1,000 people and serve as an offshore base, though it will not be armed.
- It aims to protect citizens on remote islands during crises related to Taiwan or the disputed Senkaku Islands.
Car manufacturer BMW launches hydrogen car on the market: Hydrogen cars have so far led an absolutely niche existence on the car market. Nevertheless ...
capital.de/wirtschaft-politik/autohersteller-bmw-bringt-wasserstoffauto-auf-den-markt-35039250.html
Carmakers adjust electrification plans as EV demand slows: Japan's Toyota Motor has reportedly slashed its electric vehicle production plans for 2026 by a third ...
reuters.com/business/autos-transportation/carmakers-adjust-electrification-plans-ev-demand-slows-2024-09-06/
Quick Glance: Automakers Revise Electric Vehicle Production Plans
- Toyota has cut its electric vehicle production plans for 2026 by a third due to declining demand.
- Global sales of electric vehicles grew by 20% in the first half of 2024, slower than anticipated.
- European automakers have adjusted their sales targets for electric vehicles, with Ford and Renault shifting strategies to include more hybrid models.
- The demand for hybrid vehicles is rising as the automotive industry lowers its expectations for the electric vehicle market.
Fuel cell: BMW plans series-produced hydrogen car for 2028 - Golem.de: BMW wants to develop the next generation of fuel cell technology together with Toyota ...
golem.de/news/brennstoffzelle-bmw-plant-serienmaessiges-wasserstoffauto-fuer-2028-2409-188736.html
BMW announces series production of a hydrogen car: BMW plans to start series production of a hydrogen car with a fuel cell (FCEV) in 2028 ...
pnp.de/lokales/landkreis-dingolfing-landau/bmw-kuendigt-serienproduktion-eines-wasserstoffautos-an-16927376
Dollar steady as traders brace for labour data deluge: The dollar held close to a two-week high against the yen and the euro on Tuesday as investors geared up ...
reuters.com/markets/currencies/dollar-steady-traders-brace-labour-data-deluge-2024-09-03/
BYD's global expansion push runs into stiff Japan test: BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in ...
reuters.com/business/autos-transportation/byds-global-expansion-push-runs-into-stiff-japan-test-2024-09-05/
Japanese sushi chefs in high demand overseas, where earnings can triple - The Mainichi
mainichi.jp/english/articles/20240905/p2a/00m/0na/013000c
Toyota (7203 JP) US Sales Buoyed by Hybrid-Only Camry Volume Surge: Toyota Motor Corp.’s decision last year to make America’s best-selling sedan only available ...
bloomberg.com/news/articles/2024-09-04/car-buyers-warm-to-hybrid-only-camry-buoying-toyota-s-us-sales
Workers in Japan's big 3 metro regions grab lunch for $8.50 on average, up 4 years in row - The Mainichi
mainichi.jp/english/articles/20240902/p2a/00m/0li/014000c
China Warns Japan of Retaliation Over Potential New Chip Curbs: China has threatened severe economic retaliation against Japan if Tokyo further restricts sales ...
bloomberg.com/news/articles/2024-09-02/china-warns-japan-of-retaliation-over-potential-new-chip-curbs
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Hyundai’s aggressive EV plan aims to be Toyota’s worst nightmare: The South Korean automaker is taking on Toyota’s bread-and-butter, and some more.
charlotteobserver.com/news/business/article291812230.html
BMW plans to bring its first hydrogen car onto the market from 2028: BMW aims to bring its first hydrogen-powered vehicle onto the market in 2028 ...
reut.rs/3z4GFZa
7-Eleven owner rejects $38.7bn buyout offer from rival: Japanese owner of convenience store giant says offer from Canadian rival ‘grossly undervalues’ firm.
bbc.com/news/articles/cz9w74dwkgno
Quick Glance: Seven & I Rejects Couche-Tard Acquisition Offer
- Seven & i Holdings Co. plans to inform Alimentation Couche-Tard Inc. that its offer for the Japanese convenience store operator is insufficient and raises competition law concerns.
- The company will outline in a letter that Couche-Tard's bid of under $15 per share does not reflect the business's value or growth strategy.
- Couche-Tard expresses a desire for constructive engagement but did not comment on Seven & i's concerns.
- A merger could face scrutiny from US competition authorities, and the Japanese government may block the deal due to national security considerations.
Honda executives expose a cruel reality of the US EV market: The Japanese automaker currently sells just one EV in their North American lineup.
thestreet.com/electric-vehicles/honda-executives-reality-ev-market
Japan’s Defense Ministry Requests Largest Ever Budget for Fiscal Year 2025: It is almost certain that next year’s budget, when officially approved ...
thediplomat.com/2024/08/japans-defense-ministry-requests-largest-ever-budget-for-fiscal-year-2025/
Quick Glance: Japan's Defense Ministry Seeks Record Budget for 2025
- On August 30, Japan's Defense Ministry requested 8.54 trillion yen for fiscal year 2025, marking a 7.4% increase from the previous year.
- The budget proposal outlines seven key areas for strengthening defense capabilities, including the development of long-range missiles and enhanced air and missile defense systems.
- Key requests include 970 billion yen for developing domestic counterstrike capabilities and 323.2 billion yen for building small satellite constellations for target tracking.
- The ministry also plans to convert the JS Izumo into an aircraft carrier and enhance security measures in the Nansei Islands.
Japanese stocks tumble amid U.S. tech selloff: Some analysts see Wednesday’s drop as a temporary reaction than a start of another meltdown.
japantimes.co.jp/business/2024/09/04/markets/nikkei-shares-drop/
More than half in Japan have received new banknotes 1 month after launch: survey - The Mainichi
mainichi.jp/english/articles/20240829/p2a/00m/0li/014000c
Quick Glance: Over Half of Japan Embraces New Banknotes
- A survey reveals that over 50% of respondents in Japan have obtained the newly introduced banknotes, the first redesign in decades.
- The updated notes feature prominent figures like Eiichi Shibusawa and Umeko Tsuda, rolled out in July 2024.
- 55.7% of respondents expressed disinterest in the new banknotes, although interest levels were more balanced among those in their 20s.
- The survey also indicates a preference for digital payment methods, particularly among men, while women showed a stronger inclination to maintain cash transactions.
Toyota-backed startup's new elderly scooters have swappable batteries: TOKYO -- Japanese high-tech wheelchair startup Whill, backed by Toyota Motor's ...
asia.nikkei.com/Business/Startups/Toyota-backed-startup-s-new-elderly-scooters-have-swappable-batteries
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Dollar skids to one-month low vs yen before pivotal payrolls | The Asahi Shimbun: Breaking News, Japan News and Analysis
asahi.com/ajw/articles/15417453
Japanese Firm Tests Market With Riskier Bond Deal as Rates Rise: A Japanese borrower that was hit by a record loss is marketing a yen bond deal at the widest ...
trib.al/yTWPxjL
Gen Xer moved from Vancouver to Japan, builds house in the countryside: He may be living in the rural countryside, but thanks to Japan's well-connected public ...
businessinsider.com/gen-xer-moved-japan-build-house-countryside-slow-life-expat-2024-9
Tokyo stocks open lower on weak tech issues, stronger yen - The Mainichi: TOKYO (Kyodo) -- Tokyo stocks opened lower Thursday as technology shares tracked ...
mainichi.jp/english/articles/20240905/p2g/00m/0bu/020000c
Dollar sinks against the yen, hovers near 2½-year low to sterling: The U.S. dollar also hovered near its lowest in 13 months against the euro.
japantimes.co.jp/business/2024/08/26/markets/yen-rises-after-fed/
Japanese cars and beer gain ground in South Korea as relations thaw: Monthly sales of Japanese cars, including Toyota and Lexus, jumped 31% in August from a year ...
japantimes.co.jp/business/2024/09/06/companies/japanese-products-south-korea/
Quick Glance: Japanese Products Surge in South Korea Amid Thawing Relations
- Sales of Japanese cars in South Korea increased by 31% in August, driven by a shift in consumer preference towards hybrid vehicles.
- The rising popularity of Japanese goods, including beer and whisky, is attributed to improving bilateral relations and a weaker yen.
- A survey revealed that 57% of South Koreans in their 20s and 30s hold favorable views towards Japan.
- The number of South Korean travelers to Japan surged nearly 40% in the first seven months of this year.
China's BYD beats Honda and Nissan in April-June vehicles sold: TOKYO -- China's BYD overtook Honda Motor and Nissan Motor to become the world's ...
asia.nikkei.com/Business/Automobiles/China-s-BYD-beats-Honda-and-Nissan-in-April-June-vehicles-sold
Toyota and BMW to form alliance in fuel cell vehicle manufacturing: FRANKFURT/NAGOYA -- Toyota Motor and BMW will upgrade their partnership in fuel cell vehicles ...
asia.nikkei.com/Business/Automobiles/Toyota-and-BMW-to-form-alliance-in-fuel-cell-vehicle-manufacturing
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Toyota, Nissan to expand Japan's battery production capacity, Nikkei reports: Toyota Motor , Nissan Motor and other companies will help expand Japanese ...
reuters.com/business/autos-transportation/toyota-nissan-support-japans-battery-production-capacity-nikkei-reports-2024-09-05/
Perfect storm looming large over global markets: SEOUL — The sharp drop in South Korean stocks Wednesday (September 4) demonstrated how quickly Wall Street’s ...
asiatimes.com/2024/09/perfect-storm-looming-large-over-global-markets/
Japan firms' April-June pretax profits hit record, investment up 7.4% - The Mainichi
mainichi.jp/english/articles/20240902/p2g/00m/0bu/008000c
These Five Charts Illustrate the Wild Month for Japanese Markets: Japanese markets have seen the most extreme moves in decades this month, as the yen lurched ...
bloomberg.com/news/articles/2024-08-30/these-five-charts-illustrate-the-wild-month-for-japanese-markets
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US agency reports 28th Takata air bag inflator death since 2009: The National Highway Traffic Safety Administration said on Tuesday it had confirmed the 28th ...
reuters.com/business/autos-transportation/us-agency-reports-28th-takata-air-bag-inflator-death-since-2009-2024-09-03/
Acura TLX Could End Production in Late 2025: Report: Given the timing of Honda's upcoming rollout of electric vehicles, it's possible the next TLX ...
thedrive.com/news/acura-tlx-could-end-production-in-late-2025-report
Japan's military to spend on AI, automation, perks to combat recruitment crisis: Japan's defence ministry on Friday said it will invest in AI, automation and ...
reuters.com/world/japan/japans-military-spend-ai-automation-perks-combat-recruitment-crisis-2024-08-30/
Projection mapping on Tokyo gov't building a success? Or an $11.5-million waste? - The Mainichi
mainichi.jp/english/articles/20240906/p2a/00m/0na/029000c
Toyota and Nissan to help raise Japan's battery output capacity by half: TOKYO -- Toyota Motor, Nissan Motor and other companies will invest a total of 1 ...
asia.nikkei.com/Business/Automobiles/Toyota-and-Nissan-to-help-raise-Japan-s-battery-output-capacity-by-half
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Toyota extends production halt as strong typhoon hits southern Japan: TOKYO -- Toyota Motor on Thursday said it would extend the suspension of production at all ...
asia.nikkei.com/Economy/Natural-disasters/Toyota-extends-production-halt-as-strong-typhoon-hits-southern-Japan
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Volkswagen Job Machine Runs Out of Road with Plant Closures Possible: VW’s former goal of becoming the world’s biggest automaker comes back to haunt it.
bloomberg.com/opinion/articles/2024-09-03/volkswagen-job-machine-runs-out-of-road-with-plant-closures-possible
BMW, Toyota take a risky gamble on a failing product: The automakers' latest bet is much riskier than EVs.
thestreet.com/automotive/bmw-toyota-gamble-hydrogen
Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says: Toyota Motor Corp and BMW will upgrade their partnership in fuel cell vehicles ...
reuters.com/business/autos-transportation/toyota-bmw-upgrade-fuel-cell-alliance-nikkei-asia-says-2024-08-27/
Confusion with consequences: took the stairs instead of the exit: Honda driver gets stuck at Luchplatz in Roßlau
mz.de/lokal/dessau-rosslau/treppe-statt-ausfahrt-genommen-honda-fahrerin-fahrt-sich-am-luchplatz-in-rosslau-fest-3905682
Bain Capital makes counteroffer to KKR's takeover bid for Fuji Soft: TOKYO -- U.S. private investment firm Bain Capital has made a counteroffer of 600 billion ...
asia.nikkei.com/Business/Business-deals/Bain-Capital-makes-counteroffer-to-KKR-s-takeover-bid-for-Fuji-Soft
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Japanese businesses grapple with exchange rate swings: For the used car sector, the weaker yen has resulted in buyers being forced to pay higher prices due to ...
japantimes.co.jp/business/2024/09/02/companies/weak-yen-on-businesses/
Will This Be A September To Remember?: Over the last 95 years, September has been the worst month of the year, when it comes to seasonality ...
seekingalpha.com/article/4718805-will-this-be-september-to-remember
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Japan provides heavy equipment and various equipment to 4 Ukrainian cities: The Japanese International Cooperation Agency (JICA) transferred 97 units of heavy ...
pravda.com.ua/eng/news/2024/09/2/7473158/
Singapore dollar could weaken in coming months, analysts say: Recent declines in the US dollar led to the Singapore dollar hitting 10-year highs against the ...
channelnewsasia.com/singapore/singapore-dollar-currencies-us-fed-powell-yen-ringgit-4574151
Nikkei sinks over 4% on US economy fears, 3rd biggest fall of year - The Mainichi
mainichi.jp/english/articles/20240904/p2g/00m/0bu/019000c
Stock market chaos sparked by yen carry trade unwind could resume: SocGen: Japan's expected rate hikes could restart the unwind of the yen carry trade and impact ...
markets.businessinsider.com/news/stocks/stock-market-prediction-yen-carry-trade-bank-of-japan-rates-2024-9
Japan mulls removing tax-free limit on consumable goods purchases - The Mainichi: TOKYO (Kyodo) -- The Japan Tourism Agency said Tuesday it is considering ...
mainichi.jp/english/articles/20240827/p2g/00m/0bu/050000c
Safe-haven yen gains as edgy markets face US jobs test: The Japanese yen and the Swiss franc firmed against the dollar on Wednesday as investors scurried to ...
reuters.com/markets/currencies/safe-haven-yen-gains-edgy-markets-face-us-jobs-test-2024-09-04/
Editorial: Japan's defense budget gets another big boost, but is it sustainable? - The Mainichi
mainichi.jp/english/articles/20240906/p2a/00m/0op/013000c
Japan's Daiso aims for 200 stores in India and more local sourcing: TOKYO -- Japan's Daiso Industries, the operator of a chain of 100-yen stores ...
asia.nikkei.com/Business/Consumer/Japan-s-Daiso-aims-for-200-stores-in-India-and-more-local-sourcing
Explainer: Why is Japan reviving debate on higher tax on investment income?: Japan's ruling party leadership race has revived debate on raising the country's tax ...
reuters.com/world/japan/why-is-japan-reviving-debate-higher-tax-investment-income-2024-09-06/
Japan FY 2025 budget requests hit 117 tril. yen, new record high - The Mainichi: TOKYO (Kyodo) -- Japan's fiscal 2025 initial budget requests likely hit a record ...
mainichi.jp/english/articles/20240830/p2g/00m/0na/055000c
‘Most frugal woman’ in Japan spends RM6.10 a day on food, saves enough to buy three houses by 34
thestar.com.my/aseanplus/aseanplus-news/2024/08/27/most-frugal-woman-in-japan-spends-rm610-a-day-on-food-saves-enough-to-buy-three-houses-by-34
’Never seen all trains stop’: 3 dead, 78 injured as Typhoon Shanshan wreaks havoc in Japan
livemint.com/news/world/never-seen-all-trains-stop-3-dead-78-injured-as-typhoon-shanshan-wreaks-havoc-in-japan-11724998767526.html
Quick Glance: Typhoon Shanshan Triggers Evacuations in Tokyo
- Tens of thousands in Tokyo have been urged to evacuate as Typhoon Shanshan, now a tropical storm, continues its northward path.
- Six fatalities and numerous injuries have been reported as the storm reached the region with maximum wind speeds of 72 km/h.
- Record rainfall has already been recorded, prompting flood warnings for three rivers in Tokyo.
- The meteorological agency has issued warnings for heavy rainfall and mudslides in several regions, including Aomori.
Ex-secretary to former lawmaker with Japan LDP's Aso faction admits to pooling secret funds - The Mainichi
mainichi.jp/english/articles/20240902/p2a/00m/0na/016000c
USD/JPY Price Forecast - USD Gains Despite Labor Day Liquidity: USD/JPY rises for the fourth consecutive day, supported by US economic optimism. Click to read.
seekingalpha.com/article/4718550-usdjpy-price-forecast-usd-gains-despite-labor-day-liquidity
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Japan sees record visitors for second straight month on weak yen: TOKYO (Reuters) -Japan set a second-straight monthly record for visitors in July ...
thestar.com.my/news/world/2024/08/21/japan-sees-record-visitors-for-second-straight-month-on-weak-yen
Yen carry trade to grow once volatility ebbs, strategists say: TOKYO -- The big yen carry trade partially responsible for the selloff in Japanese stocks earlier ...
asia.nikkei.com/Business/Markets/Currencies/Yen-carry-trade-to-grow-once-volatility-ebbs-strategists-say
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Quick Glance: Yen Carry Trade May Rise as Volatility Decreases
- The yen carry trade, which contributed to the decline in Japanese stocks, is expected to resurface as volatility diminishes.
- Strategists note that the interest rate spread between Japan and the U.S. will remain wide in the short term.
- A hawkish stance from Bank of Japan Governor Kazuo Ueda prompted speculators to unwind their yen carry trades.
- On Monday morning, the yen reached 143.59 to the dollar, the highest level since August 5.
Japan's AM-One aims to raise $3.4 bln for new large-cap Japan fund: Mizuho subsidiary Asset Management One aims to raise half a trillion yen ($3 ...
reuters.com/markets/europe/japans-am-one-aims-raise-34-bln-new-large-cap-japan-fund-2024-09-03/
Why Japan Bounced Back: Having tumbled to a historic low, the yen spent July and August soaring 12% against the U.S. dollar. Click to read.
seekingalpha.com/article/4718527-why-japan-bounced-back
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Japan automakers may end production of small motorbikes: Dwindling sales and stricter emissions standards have forced Honda and Suzuki to consider an end to ...
www3.nhk.or.jp/nhkworld/en/news/ataglance/3268/
Japan's defense ministry seeks record budget as it faces growing threat from China
apnews.com/article/japan-defense-budget-china-missile-drones-ba6341c527f5044b6b5a749b6bdf0229
Toyota and BMW to form alliance in fuel cell vehicle manufacturing: FRANKFURT/NAGOYA -- Toyota Motor and BMW will upgrade their partnership in fuel cell vehicles ...
asia.nikkei.com/Business/Automobiles/Toyota-and-BMW-to-form-alliance-in-fuel-cell-vehicle-manufacturing
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Toyota, Maruti launch marketing drive for hybrids in key Indian state: From Instagram ads to telesales, Japanese automakers Toyota and Maruti Suzuki are going ...
reuters.com/business/autos-transportation/toyota-maruti-launch-marketing-drive-hybrids-key-indian-state-2024-09-03/
Bank of Japan governor Kazuo Ueda warns global markets are ‘unstable’: No change to central bank’s basic stance on monetary easing, Ueda tells parliament
ft.com/content/b168bb8d-227d-479a-81a4-93d07d6bf4f1
Quick Glance: Bank of Japan Governor Highlights Market Instability
- Bank of Japan Governor Kazuo Ueda cautioned that global markets are unstable while reaffirming his commitment to raising interest rates if Japan's inflation and economic growth remain on track. His remarks followed a period of significant market volatility, with the yen dropping to a historic low before surging over 10 percent.
- Ueda pointed out that recent volatility was largely driven by concerns about the US economy, stressing that both domestic and international markets remain unstable. The central bank's fundamental stance is unchanged, indicating a willingness to adjust monetary policy if economic and price developments align with forecasts.
- The July decision to raise the short-term policy rate by 0.15 percentage points to 0.25 percent was defended by Ueda as a reaffirmation of the positive economic outlook. He acknowledged that while Japan's short-term rates are still low, there is a push for normalization, and uncertainty about the ultimate interest rate level persists.
- Finance Minister Shunichi Suzuki noted that the government has not officially declared an end to deflation, despite economists predicting modest rate increases by the BoJ in 2024. The July rate hike surprised many market participants and led to a significant rise in the yen, amid ongoing concerns about a potential US recession.
Hyundai’s aggressive EV plan aims to be Toyota’s worst nightmare: The South Korean automaker is taking on Toyota's bread-and-butter, and some more.
sacbee.com/news/business/article291812230.html
Automakers have been ditching EVs for hybrids and it's already paying off: Some Toyota dealers say customers are waiting two or three months just to take ...
qz.com/evs-hybrids-car-sales-toyota-hyundai-kia-honda-1851640730
Dollar doldrums deepen on dovish Fed tone before Jackson Hole: The dollar traded near the lowest in more than a year against the euro and sterling on Thursday as ...
reuters.com/markets/europe/dollar-doldrums-deepen-dovish-fed-tone-before-jackson-hole-2024-08-22/
Toyota global output falls for 6th straight month in July: Toyota Motor said on Thursday its global production slipped for a sixth straight month in July ...
reuters.com/business/autos-transportation/toyota-global-output-falls-6th-straight-month-july-2024-08-29/
Japan Inc. sells record $25bn in cross-held shares, led by Toyota: TOKYO -- Japan's publicly listed corporations sold a record 3.69 trillion yen ($25 ...
asia.nikkei.com/Business/Companies/Japan-Inc.-sells-record-25bn-in-cross-held-shares-led-by-Toyota
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Ford's aggressive EV plan aims to be Toyota's worst nightmare: Ford is planning a massive shift that may keep the Japanese automaker sleeping with one eye open.
trib.al/cQPLwpj
Sony to raise PlayStation 5 price by 20% in Japan: Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday ...
reuters.com/technology/sony-raise-playstation-5-price-by-20-japan-2024-08-27/
Five Things You Need to Know to Start Your Day: Americas: Good morning. US traders prepare for a busy month, metals are under pressure and there are fresh ...
bloomberg.com/news/newsletters/2024-09-03/five-things-you-need-to-know-to-start-your-day-americas
Buying a used car? These brands make the most reliable vehicles: Consumer Reports' new used car study found that Lexus and Toyota are the most reliable ...
businessinsider.com/best-used-cars-consumer-reports-2024-9
Five Things You Need to Know to Start Your Day: Asia : Good morning. US job market shows some cracks. Dollar’s pain is yen’s gain. Wall Street is souring on ...
bloomberg.com/news/newsletters/2024-09-04/five-things-you-need-to-know-to-start-your-day-asia
Sony hikes price of aging PlayStation 5 console in Japan by 19%: Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553 ...
cnbc.com/2024/08/27/sony-raises-price-of-playstation-5-in-japan-by-19percent.html
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