Top Shareholder Plans to Raise Fuji Media Stake

Mitsubishi UFJ Financial Group Inc. announced Tuesday that Junichi Hanzawa, currently president of MUFG Bank, will succeed Hironori Kamezawa as president of the group next spring.

Japan's Foreign Ministry will set up by the end of March next year a new office tasked with mediating peace between third countries, it was learned Tuesday.

Japan's ruling parties have given up on enacting a bill to reduce the number of House of Representatives seats by the end of the current extraordinary session of the Diet on Wednesday.

The Japan Shogi Association announced Tuesday a review of its professional tournament rules for pregnant female players.

The Japanese government is planning to dispatch civilian personnel by the end of this year at the earliest to the U.S.-led Civil-Military Coordination Center overseeing a ceasefire and humanitarian assistance in the Palestinian territory of Gaza.

Japanese startup Space One Co. will launch a Kairos small rocket carrying artificial satellites on Feb. 25 next year after two failed attempts.

Fuji Media Holdings Inc. said Monday that its top shareholder, Aya Nomura, has told the company that she aims to raise her stake in the parent of Fuji Television Network Inc. to up to 33.3 pct.

The Japanese government on Tuesday called on people to remain prepared for a possible major earthquake and tsunami although the Japan Meteorological Agency's week-long advisory for a potential megaquake in northern and northeastern Japan expired at the end of Monday.

The Diet, Japan's parliament, on Tuesday enacted the government's 18.3-trillion-yen supplementary budget for fiscal 2025, which will finance the first comprehensive economic package under the leadership of Prime Minister Sanae Takaichi.

Japan's Justice Ministry presented a draft plan to revise the retrial system at a meeting of a subgroup of the Legislative Council on Tuesday.