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November 23, 2024
 

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YEN FOR LIVING

Japan Times
JAPAN / YEN FOR LIVING
Jun 7, 2019
Japan facing increased pressure to hike minimum wage, but business leaders give mixed response
Last month, Prime Minister Shinzo Abe's Council on Economic and Fiscal Policy recommended that the government draw up detailed measures to bring the nationwide average minimum wage up to ¥1,000 per hour as soon as possible.
Japan Times
JAPAN / YEN FOR LIVING
May 9, 2019
Cracks forming in Japan's premium-based universal health care system
One of the issues U.S. voters say they care the most about right now is health care. America is almost alone in the developed world in not providing its citizens with universal medical care.
Japan Times
JAPAN / YEN FOR LIVING
Apr 12, 2019
Is a lack of money behind Japan's drought of local political candidates?
In an Asahi Shimbun editorial published March 30, a week before nationwide elections were held for prefectural and municipal assemblies on April 7, the newspaper fretted about the state of local politics.
Japan Times
JAPAN / YEN FOR LIVING
Mar 5, 2019
Japan's tax laws get in way of more women working full time
One of the key elements of the Abe administration's efforts to stimulate the economy is getting more women into the workforce. As it stands, Japan has one of the highest rates of working women in the developed world, so the problem is not so much jobs but rather the quality of the jobs women get and...
Japan Times
BUSINESS / YEN FOR LIVING
Feb 8, 2019
Examining the high price of Japan's water systems
When we were negotiating for the purchase of a piece of land, the realtor told us that the lot we were interested in had no access to public waterworks, which meant we would have to dig a well. At first, this aspect seemed like a demerit, since hiring a company to dig the well would cost more than ¥400,000...
Japan Times
BUSINESS / YEN FOR LIVING
Jan 11, 2019
In 2019, how hungry is Japan for whale meat?
Japan is currently the object of criticism for its decision to leave the International Whaling Commission, and resume commercial whaling in territorial waters and its own exclusive economic zone. People who support the move cite either cultural reasons — Japan traditionally, they assert, is a whale-eating...
Japan Times
BUSINESS / YEN FOR LIVING
Dec 7, 2018
Abuse is the norm for Japan's hometown tax donation system
On Sept. 11, then-Internal Affairs and Communications Minister Seiko Noda gave a news conference at which she stated the government's intention to revise laws for local taxes.
Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
Japan Times
BUSINESS / YEN FOR LIVING
Oct 12, 2018
Rethinking the notion that hot weather means increased consumption in wake of Japan's scorching summer
Japan seems to suffer more than its fair share of natural disasters, and this past summer was especially bad. In addition to two earthquakes that resulted in considerable damage, there were strong storms that killed dozens and forced thousands to flee their homes.
Japan Times
BUSINESS / YEN FOR LIVING
Sep 7, 2018
Bad news around mutual funds does little to boost Japanese people's appetite for investment
On July 27, the Asahi Shimbun reported that the Bank of Japan had overestimated the value of mutual funds being held by individuals by about 30 percent. Every three months the BOJ publishes statistics called shikin junkan tōkei that cover the financial assets of households and businesses, and as of...
Japan Times
JAPAN / YEN FOR LIVING
Aug 10, 2018
Pricey family graves a fading tradition in aging Japan
Last month, a man was arrested by the Tokyo Metropolitan Police for leaving human remains at a garbage collection station near his residence in Adachi Ward. The remains had been cremated and were mixed in with shards of funerary urns, and according to a report on NHK News, the man admitted to dumping...
Japan Times
BUSINESS / YEN FOR LIVING
Jul 13, 2018
Poverty in Japan: Underclass struggles to achieve upward mobility
Last month, Liberal Democratic Party Secretary-General Toshihiro Nikai said during an LDP gathering in Tokyo that people who opt not to have children are "selfish" given the country's demographic crisis.
Japan Times
BUSINESS / YEN FOR LIVING
Jun 8, 2018
Days are numbered for ATMs in Japan's banking system
On May 2, Shinsei Bank announced that starting from October it will impose fees for automatic teller machine (ATM) transactions. Shinsei's main sales point has always been its lack of ATM fees, but the bank will start charging ¥108 per ATM withdrawal unless the customer's account satisfies certain conditions....
Japan Times
BUSINESS / YEN FOR LIVING
May 11, 2018
Secondhand retail redefined in Japan as online flea markets rise in value
In June, the popular online flea market, Mercari Inc., is expected to be listed on the Tokyo Stock Exchange's Mothers section, which is reserved for high-growth startup companies. According to an article in the April 18 Asahi Shimbun the value of the company's stock at the time of the listing could exceed...
Japan Times
JAPAN / YEN FOR LIVING
Apr 13, 2018
Tepco's compensation for 3/11 victims has made matters worse for many
As of the end of March, Tokyo Electric Power Company Holdings Inc. had paid more than ¥8 trillion in compensation (baishōkin) related to the Fukushima No. 1 reactor meltdowns of March 2011. About half of this money has gone to people living near the crippled reactors for "mental anguish" and the other...
Japan Times
JAPAN / YEN FOR LIVING
Mar 7, 2018
Shrine murder highlights huge amount of cash — most of it off-book — raked in by Japan's religious sites
In December, the former gūji (head priest) of Tokyo's famous Tomioka Hachimangu Shrine allegedly murdered his sister before committing suicide. Later, it was reported by various media that the suspect, Shigenaga Tomioka, had taken over the position from his father in 1995, but apparently the father...
Japan Times
BUSINESS / YEN FOR LIVING
Feb 9, 2018
Japanese consumers increasingly face stealth price hikes via 'shrinkflation'
In Japan, a phenomenon known as "shrinkflation" — an important economic countermeasure against inflation for businesses — has been catching the attention of consumers.
Japan Times
JAPAN / YEN FOR LIVING
Jan 12, 2018
Electric vehicles are here, but are they practical and economical?
The future seems to belong to electric vehicles (EVs).
Japan Times
BUSINESS / YEN FOR LIVING
Dec 8, 2017
Abe's free day care pledge may be an appealing solution for the wrong problem
Just before the recent Lower House election in October, Prime Minister Shinzo Abe pledged to make public day care services and kindergartens free for children between the ages of 3 and 5 and free for children below the age of 3 if they were from lower income households.
Japan Times
BUSINESS / YEN FOR LIVING
Nov 10, 2017
Are libraries to blame for Japan's slump in bunko paperback book sales?
Kiyondo Matsui, the president of the publishing house Bungei Shunju, spoke at this year's All-Japan Library Conference, which took place in Tokyo on Oct. 12 and 13. During his talk, Matsui asked the assembled professionals to no longer acquire bunko editions of books for lending in their libraries.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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