Leo Lewis, the Tokyo bureau chief for the Financial Times, explores the implications of Canada-based Couche-Tard’s bid for Japan’s 7-Eleven. This potential acquisition marks a pivotal moment in Japan’s traditionally closed corporate culture towards foreign deals. Lewis discusses the shift in attitudes and evolving regulatory practices that may usher in a new era of foreign investment. He also delves into the paradox of 7-Eleven’s success amidst stagnant shareholder returns, highlighting how this takeover could reshape Japan's M&A landscape.

Japan has been celebrating the end of a near 20-year deflationary cycle. But the country’s shrinking population remains a serious cause for concern. Gideon talks to the FT’s Kana Inagaki and Leo Lewis about whether the new mood of optimism about Japan is justified. Clip: BBC Free links to read more on this topic: Why good news for Japan may be bad news for hedge fundsJapan relaxes defence export rules to allow sales of new fighter jetUS and Japan plan biggest upgrade to security pact in over 60 yearsMarriage holds key to Japan’s falling birthsThe professor vs the PM: a political funding probe shakes Japan’s governmentSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Simon Panayi.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

This Friday, for our first episode of 2024, we discuss The Boy and The Heron, the latest film from legendary filmmaker Hayao Miyazaki and his team at Studio Ghibli. It is the most expensive Japanese film ever made, and has received widespread critical acclaim. But what, exactly, is it about? Lilah chats through it with political columnist Stephen Bush and Leo Lewis, the FT’s Asia Business editor, who has co-written a book on anime. Is it about his past, or the future of animation? Where does it sit in the Studio Ghibli canon? And is Miyazaki ever really done?-------We love hearing from you. Lilah is on Instagram @lilahrap. You can email her at lilah.raptopoulos@ft.com.-------Links (all FT links get you past the paywall): – The FT’s review of The Boy and the Heron is here: https://on.ft.com/3S47ZNS – Leo’s book on anime, co-authored with Roland Kelts, is called Japanamerica. His exclusive FT interview with Studio Ghibli’s Toshio Suzuki is here: https://on.ft.com/3TPuVBQ – Here’s a recent FT interview with Miyazaki’s closest collaborators: https://on.ft.com/47oXc56 – The other films we mentioned are Spirited Away, My Neighbour Totoro, Princess Mononoke, Ponyo, Howl’s Moving Castle and Castle in the Sky– Stephen wants less expensive video games. He recommends the indie game I Was A Teenage Exocolonist– Lilah recommends the docuseries 10 years with Miyazaki, which is available for free on NHK World Japan, and Italianamerican, which is available on Max– Leo is on X @Urbandirt. Stephen Bush is @stephenkb– You can get a free trial to Stephen’s political newsletter Inside Politics – which includes a daily cultural recommendation – by clicking here-------Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart-------Original music by Metaphor Music. Mixing and sound design by Breen Turner, Sam Giovinco and Simon Panayi.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.