AGP Executive Report
Last update: 5 hours agoJapan Auto Tech: Honda and Nissan agreed to jointly develop a vehicle operating system and onboard computers, targeting new models from fiscal 2029 to cut software costs and speed up development as rivals push software-defined cars. Japan Logistics Finance: Ares’ real estate arm raised 612 billion yen for its fifth Japan logistics development fund, aiming at modern facilities across Greater Tokyo, Osaka and Nagoya as rent growth demand builds. Manufacturing Pulse: Japan’s industrial production rose 0.1% in July and retail sales jumped 4% year-on-year, pointing to resilience despite Middle East and other disruption risks. Defense Tech Push: Japan is seeking record defense spending with a focus on drones, AI and missiles, including plans to survey emergency shelters for missile strikes. Energy Supply Diversification: Japanese refiners bought Argentine crude as the Iran war disrupts Middle East supply, underscoring energy security-driven sourcing shifts. Food & Agriculture: Japan’s 2026 rice harvest forecast is mixed across prefectures, guiding government reserve buyback timing. Health & Pharma: Kyowa Kirin reached a voluntary agreement with the U.S. government to improve access and lower costs for American patients, while Bloom Energy faced investor lawsuit deadlines. Sake Exports & Training: DISCUS and WSET launched sake courses as global demand grows, with U.S. sales rising and exports surging.
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