Japan

Intelligence for Better Decision Making

Apple’s Strategic AI Spending Reshapes Market Leadership and Investor Sentiment
Dec. 11, 2025 | Competitiveness

In 2025, investors have closely watched how leading technology companies allocate resources to artificial intelligence.

**Apple’s shares fell 18 percent in the first half of the year amid criticism of its unclear AI strategy.**
However, a 35 percent rally in the second half outpaced AI-focused peers such as Meta, Microsoft and Nvidia, lifting Apple’s market capitalization to about $4.1 trillion and making it the S&P 500’s second-largest constituent—overtaking Microsoft and closing in on Nvidia.

**Amid widespread concern over runaway AI spending, Apple has kept tight control of its investments and steered clear of the high-cost arms race.**
Investors see that restraint as a defensive stance that could reward shareholders once AI technology reaches mass adoption.

**Yet despite its strong late-year performance, Apple now trades at roughly 33 times projected earnings for the coming year—well above its 15-year average valuation of under 19 times.**
Analysts warn that this premium may be excessive and question whether investors are overpaying for perceived defensiveness in an uncertain AI landscape.

**Apple’s enduring consumer brand and the potential for AI to enhance its devices and high-margin services underpin its appeal.**
In a market where heavy AI budgets face scrutiny, the company’s measured approach offers a lower-risk path for investors seeking exposure to AI without the costs associated with aggressive spending.
Japan Moves Forward with Maiden Name Usage Reforms for Married Couples
Dec. 11, 2025 | Governance & Law

Japan’s government is advancing proposals to allow married individuals to retain and use their maiden names in both social and official settings.

**Prime Minister Sanae Takaichi plans to submit a bill in the 2026 ordinary Diet session that would let spouses continue using their former surnames, while preserving the requirement for married couples to share a legal surname.**
Under her proposal, individuals could use their maiden names as “common names” in everyday life, and those names would appear in parentheses on official documents such as passports.

**This initiative stems from the coalition agreement between the Liberal Democratic Party (LDP) and Nippon Ishin no Kai.**
Despite that partnership, some LDP members—who favor an optional separate-surname system—are expected to challenge the plan, and opposition parties continue to push for a more comprehensive framework that fully legalizes separate surnames. Takaichi, holding to a traditional view of family unity, has consistently resisted proposals that would grant married couples full surname autonomy.

**In May, Nippon Ishin no Kai introduced its own legislation to allow former surnames to be recorded either alone or alongside current surnames on public records.**
Government and ruling-party officials are still negotiating how those entries would function across administrative databases, official registries and various legal forms.

**Critics argue that merely permitting maiden names in parentheses fails to address deeper concerns about personal identity and social recognition.**
Business groups such as Keidanren continue to lobby for an optional separate-surname system, citing gains in international competitiveness and workplace efficiency. Amidst this pressure, internal resistance within the LDP suggests it will be difficult to reach a broad consensus on the scope and mechanisms of surname reform before the 2026 session.

**Takaichi has vowed to coordinate closely with coalition partners and relevant ministries as they conduct technical reviews and draft the legislation.**
On December 9, 2025, during a House of Representatives Budget Committee session, she drew on her experience as Minister of Internal Affairs and Communications to stress the importance of removing the disadvantages spouses face when mandatory surname changes follow marriage.

Monitored Intelligence for Japan - Dec. 11, 2025


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高市首相、初の災害対応に緊張感 地震発生から35分後官邸入り

Prime Minister Takashi Enters the Prime Minister's Office 35 Minutes After Earthquake, Tense During First Disaster Response

Tokyo Shimbun | Local Language | News | Dec. 11, 2025 | Natural Disasters

On the night of December 8, a strong earthquake with a seismic intensity of 6 struck Aomori Prefecture, prompting the Takaichi administration to convene an emergency assembly team in its first full-scale disaster response since taking office. Prime Minister Sanae Takaichi arrived at the Prime Minister’s Official Residence 35 minutes after the quake, showing a tense demeanor as she coordinated the government’s response. The quake occurred around 11:15 p.m., leading to the immediate setup of a government countermeasures room and Prime Minister Takaichi issuing instructions.

The prime minister reached the residence at 11:50 p.m., traveling in a security vehicle rather than her usual car, while Chief Cabinet Secretary Minoru Kihara arrived by taxi shortly before her. Despite fatigue from earlier parliamentary duties, Takaichi addressed reporters briefly before proceeding to her office to receive updates from Disaster Management Minister Jiro Akama and other officials managing the crisis at the Crisis Management Center.

At 12:10 a.m. on December 9, Kihara held an emergency press conference urging residents to evacuate, and the prime minister echoed this call on her social media platform at 12:28 a.m. Defense Minister Shinjiro Koizumi provided updates on information gathering from the Ministry of Defense, and the government continued coordinated communications to ensure public safety.

In parallel political developments on December 9, Prime Minister Takaichi addressed legislation to legalize the use of maiden names after marriage and apologized for exceeding donation limits. Other political news included criticism from Komeito leader Tetsuo Saito on a bill to reduce House seats, discussions over the introduction of nuclear-powered submarines by Defense Minister Koizumi, and a joint plan by ruling parties to split costs for free elementary school lunches starting April 2026.

ストライプのブロックチェーン「テンポ」、テストネットをローンチ──カルシ、マスターカード、UBSがパートナー参加

Stripe’s Blockchain Tempo Launches Testnet – Karshee, Mastercard, UBS Join as Partners

Yahoo Finance | Local Language | News | Dec. 11, 2025 | UndeterminedBizdev-Partnering

Stripe and Paradigm have launched the public testnet for Tempo, a blockchain focused on payment solutions with an emphasis on stablecoin transactions. Tempo is designed to facilitate high-volume financial transactions with low fees, instant settlement, and native stablecoin support. The testnet launch enables developers and corporate partners to conduct real-world payments experiments on the blockchain.

New partners joining Tempo include Klarna, Kalshi, Mastercard, and UBS, expanding the network’s collaboration with previous design partners such as Deutsche Bank, Visa, Shopify, OpenAI, and Nubank. The network addresses blockchain finance challenges by charging a minimal transaction fee of approximately $0.001, paid in U.S. dollar-denominated stablecoins, avoiding volatile gas fees typically associated with blockchain transactions.

This development aligns with the growing global adoption of digital dollars and the increasing importance of stablecoins, currently valued at around $300 billion. Stablecoins are projected to become critical in cross-border payment infrastructure, particularly in B2B, P2P, and card payment sectors. Separately, the Stripe-acquired stablecoin infrastructure firm Bridge will help Klarna issue its own digital dollar next year.

Two U.S. lawmakers urge Trump to support Japan amid China's coercion

Japan Times | English | News | Dec. 11, 2025 | Shifting Geopolitical Alliances

Two Democratic members of the U.S. Congress, Ami Bera and Gregory Meeks, have called on President Donald Trump to support Japan amid China's increasing economic and military pressure on the country. They emphasized that Beijing's actions threaten Japan's economic stability and broader security interests in the Indo-Pacific region.

The lawmakers highlighted recent incidents where Chinese military aircraft used locked radar against Japanese Self-Defense Forces fighter jets near Okinawa, aligning with China's provocative behavior in the Taiwan Strait and the South and East China Seas. They urged the Trump administration to reconsider tariffs on Japan, particularly in sectors impacted by China's coercion.

Providing tariff relief to Japan, the lawmakers argued, would demonstrate U.S. support for its ally when targeted for exercising sovereign rights. The Japanese Defense Ministry confirmed that Chinese aircraft from the carrier Liaoning intermittently directed radar at Japanese jets near Okinawa Prefecture on the previous Saturday.

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