On paper, things should be looking up for Japan’s pharmaceutical wholesalers. Industry expectations are mounting that the average gap between NHI and market prices will narrow further in FY2026 from the previous year’s record low of 4.8%.A shrinking gap should…
Q and AP. Reed MaurerSelected questions that come across my desk along with responses you may or may not agree with.Query: Foreign companies are increasing their market share in Japan; Merck is buying out minority shareholders to make Banyu a…
To read the full story
COLUMN
- New York Note - 2: The Tariff Roller Coaster
November 5, 2026
- Japan’s Healthcare Pulse: An 18-Month Market Snapshot
October 30, 2026
- New York Note - 1: JETRO’s Role in Connecting Japan with the World
October 23, 2026
- Outside the Bubble: Lunch with Pharma Delegates
September 30, 2026
- The One Mistake on Your Resume
August 31, 2026
Tariffs have been a defining feature of US trade policy under President Donald Trump’s second administration. Since Trump unveiled his “reciprocal” tariff policy in April 2025, the landscape has shifted repeatedly.In February 2026, the US Supreme Court invalidated tariffs imposed…





