AGP Executive Report
Last update: 8 hours agoCompetition: Japan’s Fair Trade Commission raided Asahi, Kirin, Sapporo and Suntory over suspected wholesale beer price-fixing. The four brewers account for about 90% of the market and say they will cooperate. Research: Japan’s Kenso Soai shared the 2026 Nobel Prize in Chemistry with France’s Henri Kagan for work on producing molecules in a single mirror-image form, with applications in drug manufacturing. Hydrogen: Cosmo Energy and Iwatani approved investment at Chiba refinery, including restoring an 80-tonne-a-day hydrogen unit and building a plant to liquefy hydrogen for domestic customers. Semiconductors: Tokyo Electron expects operating profit to reach ¥1 trillion as AI-driven spending by Samsung and SK Hynix lifts demand. Consumer businesses: Izakaya bankruptcies reached 167 in January–September, a record for the period, as higher costs and competition squeeze small operators. Japan’s real wages, meanwhile, rose 1.5% in August for an eighth straight month.
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