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April 21, 2025
 

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Erica Yokoyama
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023
Wage growth slowed in June, boosting case for BOJ to hold firm
The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
The Bank of Japan headquarters in Tokyo. Some economists see the central bank’s loosening of restraints on 10-year bond yields as a message to the government that it now will have to do financial management responsibly, because the BOJ won’t control yields as firmly as it used to.
BUSINESS
Aug 4, 2023
Japan’s fiscal plight draws scrutiny after BOJ policy tweak
Tokyo seeking to expand spending on defense and child care, even as the national debt has grown to almost 260% of gross domestic product.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023
Raising the stakes: Japan may sell shares to fund defense spending
Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
Japan’s unemployment rate fell for the first time in two months in June, feeding into optimism that upward pressure on wages may persist and help sustain inflation.
BUSINESS / Economy
Aug 1, 2023
Japan's jobless rate falls in positive sign for wages, BOJ goal
The jobless rate fell to 2.5%, the ministry of internal affairs said Tuesday, the lowest since January.
Japan's industrial production in June climbed 2% from the previous month, led by brisk output of new automobiles amid strong demand at home and abroad.
BUSINESS
Jul 31, 2023
Japan’s production rebounds, signaling continued modest recovery
Factory output rose 2% from the previous month, rebounding from the previous month and led by increases in cars and electronic devices.
Core inflation in Japan's capital slowed in July but remained well above the Bank of Japan's 2% target.
BUSINESS / Economy
Jul 28, 2023
Tokyo CPI growth tops consensus, focusing attention on BOJ
Consumer prices excluding fresh food rose 3% in the capital, beating analysts’ forecast of a 2.9% increase, underscoring the stickiness of underlying inflation.
Japan's consumer prices rose 3.3% year-on-year in June, with the pace of inflation accelerating from the 3.2% recorded in May.
BUSINESS
Jul 21, 2023
Japan's price growth accelerates ahead of BOJ inflation update
Prices excluding those for fresh food gained 3.3% from a year ago, accelerating a little from the rise in May as energy prices were less of a drag on inflation.
Japan Times
BUSINESS
Jul 21, 2023
Japan's price growth accelerates ahead of BOJ inflation update
Prices excluding those for fresh food gained 3.3% from a year ago, accelerating a little from the rise in May as energy prices were less of a drag on inflation.
Japan Times
BUSINESS
Jul 7, 2023
Japan's wage growth doubles estimates, feeding BOJ speculation
Nominal cash earnings for Japan’s workers rose 2.5% in May from the previous year, the labor ministry reported Friday.
Japan Times
BUSINESS
Jun 23, 2023
Japan’s inflation outpaces forecast amid focus on BOJ price view
Prices excluding those for fresh food gained 3.2% from a year ago, decelerating from a 3.4% rise in April.
BUSINESS
Jun 17, 2023
Sojitz cancels Hokkaido wind project due to costs and local objections
The decision adds to a recent trend of wind project cancellations, creating a headache for the Japanese government, which is seeking to significantly increase green energy production.
Japan Times
BUSINESS / Economy
Jun 15, 2023
Japan’s exports grow at weakest pace since 2021 as demand slows
Declines in exports of mineral fuel, chip making machinery and semiconductor parts dragged on shipments abroad.
Japan Times
BUSINESS / Economy
Jun 8, 2023
Japan’s economy grows faster than expected amid strong investment
GDP grew at an annualized 2.7% in the January-March quarter from the previous three months, revised figures showed.
Japan Times
BUSINESS / Economy
Jun 6, 2023
Weak Japan wage results offer little for Kishida or BOJ
Real cash earnings for Japan’s workers dropped 3.0% from a year earlier in April, slipping for the 13th month as overtime pay showed weakness.
Japan Times
BUSINESS
May 31, 2023
Japan's factory output sees unexpected decline
In April, industrial production fell 0.4% from the previous month after two consecutive months of increases, marking a weak start to the country’s second quarter.
Japan Times
BUSINESS / Economy
May 30, 2023
BOJ expected to build case for policy shift in second half of 2024: report
From Ueda’s experience as a board member who voted against a premature rate increase in the early 2000s, the governor is said to be wary of abandoning stimulus too quickly.
Japan Times
BUSINESS / Economy
May 30, 2023
Japan's jobless rate falls in potential future boost for BOJ goal
The jobless rate dropped to 2.6% in April, down from 2.8% in March, while the number of those without jobs declined by 150,000 from the previous month.
Japan Times
BUSINESS
May 19, 2023
Japan’s inflation quickens again, putting pressure on BOJ view
Economists see resilient consumption sustaining the country’s recovery for the foreseeable future.
Japan Times
BUSINESS / Economy
May 18, 2023
Imports fall for first time in two years, easing impact as export growth slows
The trend cushions the hit of a global economic slowdown weighing on exports, reflecting a fall in prices for commodities including crude oil and liquid natural gas.
BUSINESS
May 17, 2023
Japan’s better-than-expected growth keeps early poll on table
The stronger-than-forecast reading may keep speculation simmering of a possible early election and changes to central bank policy.
Japan tariff negotiator rules out quick U.S. deal despite push by Trump
Ryosei Akazawa, Japan's top tariff negotiator with the U.S., speaks to reporters upon his arrival at Tokyo's Haneda Airport on Friday, a day after talks in Washington.
Magnitude 5.0 earthquake jolts Nagano
A map showing the location of an earthquake that hit Nagano Prefecture on Friday evening, with the numbers indicating the seismic intensity on the shindo scale to 7.
Japan mulls reviewing car safety rules to strike deal with Trump
Ryosei Akazawa, Japan's Economic Revitalization Minister and top tariff negotiator with the U.S., speaks to the press upon his arrival at Haneda Airport in Tokyo on Friday.
Shohei Ohtani announces birth of daughter
Shohei Ohtani and his wife Mamiko Tanaka attend a Lakers game in Los Angeles on Dec. 8, 2024.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Kyotographie 2025 opts for laughter and levity in the face of global strife
Palestinian American photographer Adam Rouhana’s exhibition at this year’s Kyotographie festival shows Palestinian life, not death and rubble.

Podcast

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

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
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