Covid Test, Vaccine Maker Stocks Jump as Cases Surge in Asia
South Korean diagnostic kit maker Sugentech Inc. was among the top performers, jumping as much as 29% on Monday. In Japan, shares of Covid vaccine maker Daiichi Sankyo rose as much as 7.4% after its price target was raised at UBS. In Hong Kong, shares of Shanghai Junshi Biosciences Co., which also makes Covid jabs, gained as much as 4.3%.
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Yahoo
27 minutes ago
- Yahoo
Rakuten, Aeon, and 7-Eleven Lead Japan's Intensely Competitive $3.87 Billion Market
The Japanese loyalty market is poised to grow by 15.4% annually, reaching $3.87 billion by 2025. Significant digital integration, e-commerce growth, and mobile payments are fueling this expansion. Key trends include personalization, cross-industry collaborations, and sustainability-focused loyalty initiatives, enhancing customer engagement and retention. Leading players like Rakuten and 7-Eleven are driving innovation, while new entrants face high-tech investment challenges. This report offers a detailed analysis of opportunities across various sectors, aiding strategies for market share growth. Japanese Loyalty Programs Market Dublin, Aug. 11, 2025 (GLOBE NEWSWIRE) -- The "Japan Loyalty Programs Market Intelligence and Future Growth Dynamics - 50+ KPIs on Loyalty Programs Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q3 2025 Update" report has been added to loyalty market in Japan is expected to grow by 15.4% on annual basis to reach US$3.87 billion in 2025. In value terms, the loyalty market in the country has recorded a CAGR of 17.1% during 2020-2024. The loyalty market in the country will continue to grow over the forecast period and is expected to record a CAGR of 12.9% during 2025-2029. Loyalty market in this region is expected to increase from US$3.35 billion in 2024 to reach US$6.29 billion by report provides a detailed data-centric analysis of the loyalty market opportunities and risks across a range of end-use sectors and market segments in Japan. With over 50 KPIs at the country level, this report provides a comprehensive understanding of loyalty market dynamics, market size and forecast, and market share statistics. Japan's loyalty programs are rapidly evolving through digital platform integration, driven by the rise of e-commerce and mobile payment adoption. Companies such as Rakuten are creating interconnected ecosystems where consumers earn rewards seamlessly across multiple services, boosting retention and engagement. This trend will intensify over the next few years as businesses prioritize digital transformation to meet shifting consumer preferences and competitive and cross-industry collaborations are reshaping loyalty programs, with companies leveraging data analytics to deliver tailored experiences and form partnerships across sectors. Retailers such as 7-Eleven Japan are enhancing customer engagement through personalized offers, while collaborations like JAL's partnerships with retail brands increase consumer flexibility and value. Additionally, the growing focus on sustainability drives companies like Aeon to incorporate eco-friendly incentives into their loyalty programs, aligning with consumer demand for ethical consumption and strengthening brand loyalty. Competitive Landscape in Japan's Loyalty MarketJapan's loyalty market is marked by intense competition, with dominant players such as Rakuten, Aeon, and 7-Eleven leading comprehensive ecosystems across retail, e-commerce, and financial services. Smaller and niche providers cater to specific segments, adding to the competitive intensity while emerging tech-driven players like LINE Pay are disrupting the market with innovative, mobile-first solutions. Despite the rise of digital platforms lowering entry barriers, scaling and competing with incumbents remains challenging due to high investment needs in technology, partnerships, and market is moderately fragmented, with dominant players controlling key sectors and smaller players competing for niche audiences. Over the next 2-4 years, the competitive landscape will witness consolidation as smaller players struggle to scale, alongside growing cross-industry collaborations to enhance ecosystem integration. Differentiation through personalization, sustainability initiatives, and innovative reward structures will be critical as companies seek to meet rising consumer expectations and adapt to a rapidly evolving market. Types of Players Dominant players such as Rakuten, Amazon Japan, and Aeon operate extensive loyalty ecosystems that span multiple industries, offering consumers broad value propositions. Retail chains (e.g., Lawson, FamilyMart) and financial institutions (e.g., Mitsubishi UFJ, SoftBank PayPay) focus on sector-specific loyalty programs tailored to their customer bases. Emerging players, especially mobile-first and tech-driven companies like LINE Pay, are disrupting the market by offering innovative, digitally integrated loyalty solutions. Expansion of Cross-Industry Loyalty Collaborations Japan is witnessing a rise in cross-industry loyalty collaborations, where companies from different sectors join forces to offer shared loyalty benefits. These partnerships aim to expand customer reach and provide more diverse earning opportunities for consumers. An instance of this is the collaboration between JAL (Japan Airlines) and various retail partners, which allows customers to earn miles through everyday purchases. Japanese consumers are looking for loyalty programs that offer more flexibility regarding point accumulation and redemption options. Companies are identifying opportunities to enhance customer acquisition and retention by partnering with complementary businesses. This approach allows them to leverage each other's customer bases and enhance the overall value proposition. The trend of cross-industry collaborations is expected to expand, providing consumers with more integrated loyalty experiences. This approach will likely increase program adoption rates, particularly among younger consumers who prefer flexible and versatile loyalty options. Focus on Sustainability and Ethical Consumerism There is a growing focus on sustainability within loyalty programs in Japan, as companies aim to align their initiatives with evolving consumer values. Loyalty programs incorporate rewards that promote eco-friendly behavior, such as incentives for purchasing sustainable products or recycling programs. A major retailer, Eon, has integrated sustainability rewards into its loyalty program, offering points for actions contributing to environmental conservation. Increased environmental awareness shapes consumer preferences, leading to higher demand for ethical and sustainable products. Japanese companies emphasize CSR and loyalty programs as strategic tools to encourage sustainable consumption. As sustainability becomes central to corporate strategies, loyalty programs that include eco-friendly incentives will likely gain prominence. This trend is anticipated to grow, particularly among retailers and service providers aiming to enhance brand loyalty through socially responsible initiatives. Key Attributes: Report Attribute Details No. of Pages 130 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $3.87 Billion Forecasted Market Value (USD) by 2029 $6.29 Billion Compound Annual Growth Rate 12.9% Regions Covered Japan ScopeJapan Retail Sector Spend Value Trend Analysis Ecommerce Spend POS Spend Japan Loyalty Spend Market Size and Future Growth Dynamics by Key Performance IndicatorsValue Accumulated and Value Redemption Rate of Loyalty programs in JapanJapan Loyalty Spend Market Size and Future Growth Dynamics by Functional Domains Loyalty Schemes Loyalty Platforms Japan Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Program Type Points programs Tier-based programs Mission-driven programs Spend-based programs Gaming programs Free perks programs Subscription programs Community programs Refer a friend program Paid programs Cashback programs Japan Loyalty Spend Market Size and Future Growth Dynamics by Channel In-Store Online Mobile Japan Loyalty Schemes Spend Market Size and Future Growth Dynamics by Business Model Seller Driven Payment Instrument Driven Others Japan Loyalty Spend Market Size and Future Growth Dynamics by Key Sectors Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Japan Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by Online Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Japan Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by In-Store Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Japan Loyalty Spend Market Size and Future Growth Dynamics in Key Sectors by Mobile App Retail Financial Services Healthcare & Wellness Restaurants & Food Delivery Travel & Hospitality (Cabs, Hotels, Airlines) Telecoms Media & Entertainment Others Japan Loyalty Spend Market Size and Future Growth Dynamics by Retail Diversified Retailers Department Stores Specialty Stores Clothing, Footwear & Accessories Toy & Hobby Shops Supermarket and Convenience Store Home Merchandise Other Japan Loyalty Spend Market Size and Future Growth Dynamics by Accessibility Card Based Access Digital Access Japan Loyalty Spend Market Size and Future Growth Dynamics by Consumer Type B2C Consumers B2B Consumers Japan Loyalty Schemes Spend Market Size and Future Growth Dynamics by Membership Type Free Free + Premium Premium Japan Loyalty Platform Spend Market Size and Future Growth Dynamics by Software Use Case Analytics and AI Driven Management Platform Japan Loyalty Platform Spend Market Size and Future Growth Dynamics by Vendor/Solution Partner In House Third Party Vendor Japan Loyalty Platform Spend Market Size and Future Growth Dynamics by Deployment Cloud On-Premise Japan Loyalty Spend Market Size and Future Growth Dynamics by Loyalty Platforms Software Services Japan Loyalty Spend Market Size and Future Growth Dynamics by Software Use Case Platforms Custom Built Platform Off the Shelf Platform Japan Loyalty Spend Market Size and Forecast by Consumer Demographics & Behaviour By Age Group By Income Level By Gender For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Japanese Loyalty Programs Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Bloomberg
30 minutes ago
- Bloomberg
South Korea's Crypto Traders Flock to $3.6 Billion Ether Hoarder
BitMine Immersion Technologies Inc. has become the top foreign equity pick among South Korean retail investors, who continue to be drawn to the kind of high-risk, high-reward opportunities on offer in crypto. Backed by Peter Thiel's Founders Fund, BitMine is a US-listed Bitcoin miner that recently transitioned from Bitcoin mining to operating as a digital-asset treasury — a listed entity designed primarily to accumulate and hold cryptocurrency. The company now boasts the largest Ether treasury with $3.6 billion worth of the token, according to data compiled by
Yahoo
2 hours ago
- Yahoo
Japan's deepening political woes cloud budget, rate hike timing
By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Japan's deepening political uncertainty risks prolonging policy paralysis that could affect the drafting of next year's budget and the timing of the central bank's next interest rate hike, analysts say, clouding the outlook for the fragile economy. Prime Minister Shigeru Ishiba is facing increased calls from within his ruling Liberal Democratic Party (LDP) to step down and take responsibility for the party's huge defeat in an upper house election in July and a lower house poll last year. While Ishiba has denied he has any plans to resign, his fading support has triggered inevitable questions about his political future and analysts say a leadership change would likely have implications for the outlook for fiscal and monetary policy. In a meeting on Friday, lawmakers decided to consider holding a rare leadership race even with the party head Ishiba still presiding. Under LDP rules, such a race would take place if the majority of the party's lawmakers and regional heads agreed to hold one. But it is uncertain how long it would take for the party to decide, according to lawmakers and government officials familiar with the procedure told Reuters. That contest could happen in September at the earliest, they say, which would allow the new administration to compile a spending package to cushion the economic blow from U.S. tariffs. But if the race does not take place in September, it may have to wait until early next year to avoid disrupting the government's drafting of next fiscal year's budget, they say. "We would not be surprised if the LDP calls for a leadership election in September," UBS analysts said in a research note. "It seems that uncertainties regarding politics are unlikely to resolve soon." In Japan, the Ministry of Finance collects spending requests from ministries in August and finalises the government's draft budget in late December. The budget must pass parliament in time to take effect from the April start of a new fiscal year. Failure to pass the budget through parliament would force the government to compile a stop-gap budget, which could hurt the economy by causing delays in expenditure. Some ruling party lawmakers say there is no choice but for Ishiba to step down to resolve the deadlock. Having lost control in both houses of parliament, the LDP-led ruling coalition needs opposition party support to pass legislation and budget through parliament. Opposition parties have ruled out forming a coalition unless Ishiba steps down. "Japan needs a stable coalition government. Otherwise, it's impossible to pursue consistent policies," LDP heavyweight Ken Saito told Reuters last week. "It's best for the LDP to seek a coalition partner under a new leader." COMPLICATION FOR BOJ Ishiba's weak political standing and prolonged political uncertainty also complicate the Bank of Japan's decision on how soon to resume interest rate hikes. While few analysts expect the BOJ to hike rates at its next policy meeting in September, some see a good chance of action in October, December or January next year when more data becomes available on the impact of U.S. tariffs on the economy. Known as a fiscal hawk, Ishiba has endorsed the central bank's efforts to gradually wean the economy off a decade-long, massive stimulus as inflation remains above its 2% target for well over three years. But his bitter election defeat has made his administration vulnerable to calls for big spending and loose monetary policy. Many opposition parties have urged the BOJ to hold off, or go slow, in raising rates and focus on supporting the economy. If the LDP were to hold a leadership race, the event could put the spotlight on the views of candidates like Sanae Takaichi, a reflationist-minded lawmaker who in the past blasted the idea of interest rate hikes as "stupid." All this could discourage the BOJ from raising rates in coming months to avoid drawing unwanted political attention. "All we can say is that we would continue to take appropriate policies to sustainably and stably achieve our 2% inflation target," Governor Kazuo Ueda told a news briefing earlier this month, when asked how the BOJ would respond if political changes lead to fresh demands on monetary policy. "It's impossible to predict how politics will unfold, which means for the BOJ it's best to take a wait-and-see stance," said a source familiar with the bank's thinking. Sign in to access your portfolio
