The Nikkei
Japan's only business daily and one of the four national newspapers.
Last updated
The Nikkei, officially known as the Nihon Keizai Shimbun, is the main newspaper of Tokyo-based Nikkei, Inc. With more than 3 million subscribers, it is the largest financial newspaper in the world and the only business daily in Japan. It is one of the country’s four national newspapers, alongside The Asahi Shimbun, the Yomiuri Shimbun, and the Mainichi Shimbun. The newspaper has calculated the Nikkei 225 stock market index for the Tokyo Stock Exchange since 1950.
The paper’s origins date back to 1876, when an in-house news department at Mitsui & Company began publishing Chugai Bukka Shimpo, a weekly bulletin of market prices. That department became the independent Shokyosha in 1882. The publication went daily (excluding Sundays) in 1885 and was renamed Chugai Shōgyō Shimpo in 1889. In 1942, it merged with Nikkan Kōgyō and Keizai Jiji to become Nihon Sangyō Keizai Shimbun, and then changed to its current name, Nihon Keizai Shimbun, in 1946.
On April 25, 1990, the paper signed an agreement with Singapore Press Holdings to print a same-day edition for Southeast Asia, with the first issue published in Singapore on October 1 of that year.
Critics, as reported by Shusuke Murai and Reiji Yoshida of The Japan Times, say the Nikkei relies too heavily on leaks from corporate insiders and is often reluctant to harshly criticize Japanese companies. Hiroko Tabuchi of The New York Times described the Nikkei’s purchase of the Financial Times as “worrying.”
On August 10, 2020, three officers from the Hong Kong Police Force visited the Nikkei’s Hong Kong branch with a court order, as part of an investigation into an advertisement placed in the paper a year earlier that called for international support for Hong Kong’s pro-democracy protests.
Lore & Background
The roots of the Nikkei started in 1876, when an in-house newspaper department of Mitsui & Company started publication of Chugai Bukka Shimpo, a weekly market-quotation bulletin. The department was spun out as the Shokyosha in 1882. The paper became daily (except Sunday) in 1885 and was renamed Chugai Shōgyō Shimpo in 1889.
It was merged with Nikkan Kōgyō and Keizai Jiji and renamed Nihon Sangyō Keizai Shimbun in 1942. It changed its name to the Nihon Keizai Shimbun in 1946. An agreement with Singapore Press Holdings was signed on April 25, 1990 for the printing of a same-day edition for Southeast Asia, which was set to be published for the first time in Singapore from October 1.
Reader's Guide
The Nikkei 225, a stock market index for the Tokyo Stock Exchange, has been calculated by the newspaper since 1950. According to Shusuke Murai and Reiji Yoshida from The Japan Times, critics say the Nikkei is 'depending too much on leaks — apparently provided by corporate insiders — and the paper is often seen as reluctant to bluntly criticize Japanese firms.' The New York Times reporter Hiroko Tabuchi said the Nikkei's purchase of the Financial Times was 'worrying'. On August 10, 2020, three Hong Kong Police Force officers visited the Hong Kong branch of The Nikkei with a court order amid investigations over an advertisement placed in the newspaper a year prior calling for international support for the pro-democracy protests in Hong Kong.
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Sources
Compiled from Wikipedia and the sources listed below. Text from Wikipedia is available under CC BY-SA 4.0; this entry is adapted from it.
- Wikipedia: The Nikkei (CC BY-SA 4.0).
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