Business and Economy

Founder of Habitat Co., Ltd. Passes Away at 29

Kota Kitamura, the founder and representative director of Habitat Co., Ltd., a company specializing in sauna-related businesses, has passed away at the age of 29. The company, known for its bathing facility production and application development, including the DX tool 'habitat', announced his passing and the change in representative director. The company plans to continue its operations in the bathing facility DX and trailer sauna business.

Tragedy Strikes; Sauna Industry CEO Kitamura Kota Dies Suddenly

The sudden death of Kitamura Kota, CEO of Habitat Co., Ltd., and the hospitalization of his wife, Kojima Ruriko, have shocked the sauna industry. With the investigation ongoing, the circumstances surrounding the incident remain unclear, amidst rumours of financial struggles.

Older Drivers Face Steep Car Tax Increases from 2025

From April 2025, drivers of older vehicles, including elderly motorists, will face significant increases in Vehicle Excise Duty (VED) as part of government changes aimed at encouraging the switch to electric vehicles. The new rules will particularly affect vehicles registered between 2001 and 2017, with rates rising in line with the Retail Price Index.

Trump's 'FAFO' Post Sparks Diplomatic Tensions with Colombia

Former President Donald Trump's use of the acronym 'FAFO' in a Truth Social post has escalated a diplomatic dispute with Colombia, highlighting tensions over immigration and sovereignty. The controversy, amplified by Elon Musk, underscores Trump's hard-line approach to foreign policy and raises concerns about potential economic impacts.

Fuji TV Leadership Resigns Amid Scandal and Corporate Culture Concerns

Fuji TV's top executives resigned following a scandal involving an employee's dispute, sparking debates on corporate culture and the role of an advisor. The company faces challenges in restoring trust and managing financial impacts as sponsor withdrawals affect program production and advertising revenue.