BOJ & FX Watch: Japan’s yen hovered near multi-decade lows as the BOJ lifted rates to a 31-year high, while Finance Minister Satsuki Katayama warned of “decisive” action against currency speculation after record intervention spending. Energy & Shipping: JERA locked in ammonia carrier charters with MOL and NYK to import low-carbon ammonia for power generation by 2029, while Japanese shipowners urged caution as Strait of Hormuz reopening still faces mines, insurance and “service fee” uncertainty. Industrial Metals: Japan launched an anti-dumping probe into cheap nickel-based stainless steel imports from China and Taiwan, targeting pressure on domestic producers. Robotics & Telecom: NTT and NTT East tested private 5G for multi-camera live transmission at a J.League match, and KDDI/partners demonstrated automated drone inspections and point-cloud generation at Sagami Dam. Manufacturing M&A: Nippon Steel continues its US Steel expansion push, spending about $11bn through 2028 to upgrade mills and transfer electrical steel know-how. Logistics Automation: Warehouse robotics demand keeps climbing globally, with automation framed as a response to e-commerce growth and labor shortages. Healthcare: Incyte Japan won MHLW approval for Minjuvi (tafasitamab) plus lenalidomide for relapsed/refractory DLBCL. Design & Construction: A’ Design Awards recognized Japan’s Nomad House (Ryoko Ogoshi) and “Ten” (Ikuyo Nakama) for climate- and renovation-minded residential concepts.