News

U.S. President Donald Trump questioned the terms of the U.S.-Japan treaty alliance, stating that it requires the U.S. to protect Japan but not vice versa. Japan expert Nicholas Szechenyi clarified that Japan's post-WWII reforms allow for collective self-defense, enabling them to potentially assist the U.S. under certain conditions.

Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, has appointed its first foreign CEO, Stephen Dacus, in a bid to fend off a $47 billion takeover bid from Canadian Circle-K operator Alimentation Couche-Tard. Dacus, who previously held executive roles with Walmart and Fast Retailing, will take over as CEO on May 27th and is tasked with overhauling the business.

Former lawmaker Mio Sugita's candidacy in the upcoming Upper House election has sparked controversy due to her history of discriminatory remarks, despite receiving support from conservative constituents and backing from within the LDP. The party leadership has urged Sugita to engage in self-reflection and pay more attention to her conduct, while some members believe her candidacy could cost the party votes.

A SpaceX crew capsule successfully docked with the International Space Station on March 16th, delivering four new astronauts to the orbiting laboratory. The newcomers will spend the next few days acclimating to their new surroundings and learning the ropes from the two astronauts they are replacing, Butch Wilmore and Suni Williams.

Canadian convenience store giant Couche-Tard remains determined to acquire Seven & i Holdings, the operator of Japan's top convenience store chain, 7-Eleven, despite the latter's rejection of its initial offer. Couche-Tard emphasizes its commitment to a friendly transaction and promises to retain local management, while Seven & i remains focused on boosting its own corporate value and has raised antitrust concerns.