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July 07, 2025
 

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Erica Yokoyama
Workers at 5,162 companies affiliated with Rengo secured an average wage increase of 5.25% in this year’s negotiations, according to the final update of pay deals announced Thursday.
BUSINESS / Companies
Jul 4, 2025
Japan’s 2025 wage talks conclude with highest gain in 34 years
Workers at 5,162 companies affiliated with Rengo secured an average wage increase of 5.25% in this year’s negotiations.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in June.
BUSINESS / Economy
Jul 2, 2025
Japan’s record tax haul leaves questions over Ishiba’s handout pledge
Ishiba’s plan to distribute cash handouts of ¥20,000 per adult is expected to cost around ¥3.5 trillion, according to his Liberal Democratic Party.
Apartment rents in the capital climbed 1.3% from a year earlier in April and May for the largest gains since 1994, government data shows.
BUSINESS / Economy
Jun 26, 2025
Tokyo rents rising at fastest pace in 30 years backs case for BOJ rate hikes
Bigger outlays for accommodation are likely to further fuel a change in inflation expectations and behavior among households of all sizes.
The Finance Ministry will trim the volume of 20-, 30- and 40-year bonds sold in regular auctions by a combined ¥3.2 trillion ($21.7 billion) through the end of March 2026.
BUSINESS / Economy
Jun 24, 2025
Japan approves plan to cut super-long bond sales by $22 billion
The changes come after an imbalance between supply and demand for long tenors in Japan’s government bond market led to surges in yields to record highs.
The Business Sentiment Index for large firms registered minus 1.9 for the April-June quarter, slipping into negative territory for the first time since the first quarter of 2024.
BUSINESS
Jun 12, 2025
Japan’s firms see business climate worsen amid U.S. tariff hits
The Business Sentiment Index for large firms slipped into negative territory for the first time since the first quarter of 2024.
Japan's gross domestic product shrank at an annualized pace of 0.2% in the three months through March, the revised data showed, confirming the country's economy shrank even before U.S. President Donald Trump amped up tariff pressure in April.
BUSINESS / Economy
Jun 9, 2025
Japan confirms GDP contraction, backing BOJ’s cautious stance
GDP shrank at an annualized pace of 0.2% in the three months through March, a less severe drop than the initial estimate of a 0.7% decline.
The total number of births dropped to about 686,000, marking the first time the figure has fallen below 700,000, according to a health ministry release on Wednesday.
JAPAN
Jun 4, 2025
Japan’s fertility rate hits record low despite government push
The new low underscores the immense challenge facing the government as it attempts to reverse the trend in one of the world’s most aged societies.
Tokyo’s consumer price index that serves as a leading indicator for national inflation trends posted in May the biggest year-on-year rise since January 2023.
BUSINESS / Economy
May 30, 2025
Tokyo prices rising most in two years keeps BOJ on hike path
The food price gains are a worrisome sign for Prime Minister Shigeru Ishiba ahead of a summer election expected to be held by July.
U.S. Steel Edgar Thompson Works in Pennsylvania
BUSINESS / Economy
May 29, 2025
Trump’s Nippon Steel bid support boosts Japan’s trade talk hopes
The apparent breakthrough raises the possibility that Japan could get some new traction in its bid to get tariffs on autos and other exports removed.
Japan lost its position as the world’s largest creditor nation for the first time in 34 years despite posting a record amount of overseas assets, with Germany overtaking the country.
BUSINESS / Economy
May 27, 2025
Japan loses top creditor status for first time in 34 years
Despite Japan’s net external assets rising to a record high, it lost the top position to Germany.
Japan's consumer prices excluding fresh food rose 3.5% from a year earlier in April, with food items, especially rice, remaining a major contributor to price growth.
BUSINESS / Economy
May 23, 2025
BOJ and Ishiba pressured as prices rise the fastest in two years
Consumer prices excluding fresh food rose 3.5% from a year earlier in April, higher than economists' expectations.
Some 620,000 workers at 97 major companies affiliated with the Japan Business Federation saw average pay raises of 5.38%.
BUSINESS
May 22, 2025
Japan’s largest business lobby reports pay hikes exceeding 5%
Some 620,000 workers at 97 major companies affiliated with the Japan Business Federation saw average pay raises of 5.38%.
If tax exemptions are revised, small parcels containing products bought from Shein and PDD Holdings' Temu shipped into Japan could be subject to the country’s sales tax, which mostly stands at 10%.
BUSINESS / Economy
May 20, 2025
Japan considers taxing small parcels as Shein and Temu expand
An experts group has discussed problems related to existing exemptions, including concerns about the channel being a conduit for illegal drugs and counterfeit goods.
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent are expected to hold bilateral talks on the sidelines of a G7 finance leaders' gathering to be held this week in Canada.
BUSINESS / Economy
May 20, 2025
Japan’s Kato plans Bessent meet to discuss topics including FX
The yen gained to as much as ¥144.73 against the dollar following Kato’s remark, after trading around ¥145.50 earlier in the morning.
The Japanese economy flipped back into reverse in the first three months of the year, with consumption staying below its pre-pandemic level as inflation saps purchasing power.
BUSINESS / Economy
May 16, 2025
Japan’s economy shrank for the first time in a year before tariff jolt
The first contraction under Prime Minister Shigeru Ishiba adds to concerns about the resilience of the economy before tariffs came into effect.
Prime Minister Shigeru Ishiba said the government will do all it can to raise wages, particularly for small and midsize businesses, which account for 70% of employment in Japan.
BUSINESS / Economy
May 15, 2025
Japan to target 1% real wage gains within the next five years
The goal is based on the premise that stable and sustainable 2% inflation is in place.
A gauge of confidence among store managers, taxi drivers and others who interact directly with Japanese consumers dropped 2.5 points to 42.6 in April.
BUSINESS / Economy
May 12, 2025
Japan’s merchants’ mood hits worst in three years on tariff woes
A gauge of confidence among store managers, taxi drivers and others who interact directly with Japanese consumers dropped 2.5 points to 42.6 in April.
Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median economist forecast of 2.5%, according to the labor ministry.
BUSINESS / Economy
May 9, 2025
Japan’s nominal wage growth slows, backing case for BOJ caution
Nominal cash earnings rose 2.1% from a year earlier, decelerating from a revised 2.7% pace in February and below a median economist forecast of 2.5%.
Liberal Democratic Party Policy Chief Itsunori Onodera (center) speaks at a think tank event Monday in Washington.
JAPAN / Politics
Apr 29, 2025
Japan worries Trump tariffs will push countries toward China
Many nations are looking to negotiate with the U.S. over the Trump administration’s reciprocal tariffs, which could undermine security in the region.
"The main message we have on monetary policy is that in times of heightened uncertainty, flexibility and data dependence become paramount,” said Nada Choueiri, the International Monetary Fund’s Japan mission chief, on Wednesday.
BUSINESS / Economy
Apr 24, 2025
IMF urges BOJ flexibility on rates as tariffs dent outlook
Along with downgraded global growth projections, the IMF's forecast for Japan’s expansion in 2025 was trimmed by 0.5 percentage points to 0.6%.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Heatstroke alert issued for 19 prefectures as Japan enters 'once-in-a-decade' heat wave
Japan will experience a heat wave through mid-July on a “level only seen once in a decade,” the Meteorological Agency said on June 30.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
Tokyo and Kyoto feature among top ‘noctourism’ destinations
Tokyo ranked second after New York and ahead of Dubai and Singapore in a ranking of the top global cities for nighttime tourism.
Elon Musk says he has created a new U.S. political party
Elon Musk looks on during a news conference with U.S. President Donald Trump in the Oval Office of the White House in Washington on May 30.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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