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December 23, 2024
 

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BUBBLE ERA

Japanese workers in their 40s and 50s — known as the "lost generation" — saw their wages rise slightly in the second quarter.
BUSINESS / Economy
Aug 29, 2024
Japan’s 'lost generation' gets a raise, and the economy, a small boost
The pay bump in the second quarter is vitally important to the economy, as consumption by Japanese workers in their 40s and 50s is an important driver of growth.
From behind his desk in a Tokyo office, Hideki (Arata Iura) yearns for something more in life, but he is not prepared for the culture shock of life on a Montana ranch in “Tokyo Cowboy.”
CULTURE / Film / CULTURE SMASH
Jun 13, 2024
‘Tokyo Cowboy’ strikes balance between cross-cultural comedy and fish-out-of-water tale
From behind his desk in a Tokyo office, Hideki yearns for something more in life, but he is not prepared for the culture shock of life on a Montana ranch.
People exit the platform at a train station along the Yamanote Line in Tokyo in 1986. A time-traveling TV comedy with a bawdy middle-aged hero from the era has become a big hit in Japan, juxtaposing brash 1980s attitudes with the more politically correct present day.
CULTURE / TV & Streaming
Mar 29, 2024
Satire TV show strikes a generation-spanning chord in Japan
"Extremely Inappropriate" uses a time-traveling protagonist to humorously highlight the gap between attitudes of the 1980s and the 2020s.
Customers make a toast at an eatery in Tokyo. Many view Japan’s economy as being on the rise, and that of regional powerhouse China as declining. But how accurate is this narrative?
COMMENTARY / Japan
Mar 18, 2024
Japan is back, China is over. The trouble with narratives.
The idea that Japan and China's roles have flipped, with the former on the rise and the latter in decline, obfuscates important facts and trends.
Pedestrians in front of the Shinsei Bank headquarters in Tokyo in October 2021
BUSINESS / Companies
Sep 8, 2023
SBI Shinsei Bank to go private to repay public funds
By going private, SBI Shinsei Bank will free itself from the shackles of stock prices and be able to pay back the public funds "at some point."
As China slips into deflation, one word is popping up more and more to describe the gloomy atmospherics: "Japanification."
COMMENTARY / Japan
Aug 30, 2023
'Japanification' for China? It should be so lucky.
China is not on the path to global dominance nor set for collapse, and observers should consider the various shades of gray in analyzing these countries.
A new high-rise is erected in Beijing in October 2021. The same year, 41% of the assets in China’s banking system were accounted for by property-related loans and credit.
COMMENTARY / World
Aug 1, 2023
Is Japan’s economic past China’s future?
China is facing a long period of low growth similar to Japan’s experience since the 1990s.
Japan Times
COMMENTARY / Japan
Mar 7, 2021
Who is afraid of bursting the bubble? Not Japan’s elite
We will never know whether the elite's proactive bursting of the bubble brought more or less pain and hardship on society than a laissez-faire approach would have.
Japan Times
COMMENTARY / Japan
Dec 8, 2020
Zombie companies feed off the living
Like their namesakes, zombies feed off the living. They are companies that should close their doors but don't, cannibalizing healthy businesses, depriving them of customers and income.
Japan Times
COMMENTARY / Japan
Nov 25, 2020
The post-COVID-19 industrial revitalization
There's still no end in sight for the pandemic crisis, but as Japan's economy averts a worst-case scenario, how to revitalize its industries is becoming a major issue.
BUSINESS / Economy
Jul 5, 2019
S&P warns it could be bubble time again for Japan's real estate companies as debts rise
Japan's real estate firms are entering dangerous territory. That's the assessment of S&P Global Ratings, which said in a report Friday that the sector's debt levels now eclipse that of the nation's bubble era.
JAPAN / Media / BIG IN JAPAN
Jun 22, 2019
Japan's print media ponder wealth, poverty and pensions
One of my recollections from the bubble economy of the 1980s was a passage in a 1987 book titled "Hokokuron" ("The Theory of National Wealth"). Its author, the late economist Taiichi Sakaiya, stood out as one of the bubble era's most fervent cheerleaders.
JAPAN
May 1, 2019
Disco's not dead: Japan grooves to bubble beat for Heisei Era sayonara
Disco fans hit the dance floor and partied like it was 1989, reliving the glitz of the "bubble economy" heyday that defined the early years of the outgoing Heisei Era.
JAPAN / History / Defining the Heisei Era
May 26, 2018
Defining the Heisei Era: Japan indulges in excess
The Japan Times presents the first installment of a monthly 12-part series that looks back at the leading issues of the past three decades.
Japan Times
JAPAN / Media / BIG IN JAPAN
Dec 9, 2017
Shut in by the past yet still unable to face the future
Mom, dad, two kids, nice house, nice suburb, good income — you just know this story is about to go smash.
Bankruptcies and suicides rise as Japanese struggle with mounting debt
Lawyers estimate that personal bankruptcies in Japan are on track to reach the highest since 2012 this year.
Honda and Nissan consider mutual production of vehicles, report says
Honda CEO Toshihiro Mibe at the Japan Mobility Show 2023 at Tokyo Big Sight in October 2023.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

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

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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