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December 22, 2024
 

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BUDGETS

Prime Minister Shigeru Ishiba speaks at a news conference at the Liberal Democratic Party's headquarters in Tokyo Monday.
JAPAN / Politics
Oct 29, 2024
Election result casts shadow on Japan's economic measures
Prime Minister Shigeru Ishiba is hoping to secure cooperation from opposition parties to sustain his administration.
Interest on the federal debt exceeded $1 trillion for the first time in fiscal 2024 while spending grew for the Social Security retirement program, health care and the military, the Treasury Department said Friday.
BUSINESS / Economy
Oct 19, 2024
U.S. budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record
The deficit for the year ended Sept. 30 was up 8%, or $138 billion, from the $1.695 trillion recorded in fiscal 2023.
Digital transformation minister Taro Kono has described Japan's current fiscal state as an "emergency situation," saying the nation has to regain fiscal discipline.
JAPAN
Sep 4, 2024
Japan's budget demands hit record as leadership race steps up
The race could complicate Tokyo's efforts to restore fiscal discipline.
The Maritime Self-Defense Force's US-2 amphibious plane
JAPAN
Sep 4, 2024
Japan to continue production of MSDF US-2 amphibious plane
The Defense Ministry has sought ¥21.9 billion ($150 million) for the acquisition of one US-2 aircraft in its fiscal 2025 budget request.
Japan's new prime minister may want to consider setting a budget surplus-to-gross domestic product target to ensure that the nation stays in the black, government adviser Takero Doi has said.
BUSINESS / Economy
Sep 3, 2024
Japan’s new prime minister must set fresh fiscal target, adviser says
Setting such a target would help bring down Japan’s public debt-to-GDP ratio, government adviser Takero Doi has said in an interview.
The Maritime Self-Defense Force's Aegis destroyer Chokai
JAPAN
Sep 1, 2024
Japan to add Tomahawk launch function to Aegis destroyer Chokai
Deployed at the MSDF's Sasebo base in Nagasaki Prefecture, the Chokai will be the first Japanese Aegis destroyer equipped with a counterstrike capability.
Members of the Ground Self-Defense Force hold a live-fire exercise at the GSDF's training grounds in the East Fuji Maneuver Area in Gotemba, Shizuoka Prefecture, in May. Japan's Defense Ministry is seeking another record-breaking budget for fiscal 2025.
JAPAN / Politics / ANALYSIS
Aug 30, 2024
Japan seeks another record-breaking defense budget for fiscal 2025
The request by the Defense Ministry is expected to send a clear message to both its allies and adversaries.
The Foreign Ministry in Tokyo
JAPAN / Politics
Aug 30, 2024
Japan's Foreign Ministry seeks ¥66.2 billion to fight false info
The total amount of funds sought in the budget request for fiscal 2025 is ¥814.6 billion, up 12.3% from the initial budget for the previous year.
Police officers attend a workshop on cyberattack countermeasures in February.
JAPAN / Crime & Legal
Aug 29, 2024
Japan's police agency requests ¥6 billion to tackle cyberattacks
The funds will mainly be used to enhance investigation capabilities and improve measures to fight phishing using generative artificial intelligence technology.
The health ministry will seek a record general-account budget of ¥34.3 trillion for fiscal 2025 amid increasing social security costs.
JAPAN
Aug 28, 2024
Health ministry seeks record ¥34 trillion budget for fiscal 2025
The amount was pushed up by increasing social security costs that reflect the country's aging population.
An illustration of the Japan Coast Guard's planned patrol ship, which will be its biggest ever
JAPAN
Aug 27, 2024
Japan Coast Guard to build its biggest patrol ship
The coast guard's new ship will be around 200 meters long and will weigh about 30,000 tons.
Demolition works were still being carried out on July 1 in Wajima, Ishikawa Prefecture, six months after the New Year's Day earthquake in the Noto Peninsula.
JAPAN
Aug 27, 2024
Land ministry highlights disaster reduction measures in budget request
The budget request is up 18.1% from the previous year at ¥7.03 trillion.
Fuel prices are displayed on a board at a gas station in Tokyo in September 2023. Fighting high prices is among the priority policy measures encompassed by a special spending quota for the fiscal year from April 2025.
BUSINESS
Jul 29, 2024
Japan to create priority policy spending quota in fiscal 2025
Priority measures include strengthening the country's defense capabilities, raising its birthrate and expanding investments in carbon reduction.
Prime Minister Fumio Kishida listens to U.S. President Joe Biden as they hold a joint news conference in the Rose Garden of the White House in Washington in April.
JAPAN / Politics
Jul 6, 2024
Biden again takes credit for pushing Japan to boost defense spending
The U.S. president said for the second time in just over a year that he had pushed Japan to its hike defense budget — comments likely to upset Tokyo.
An unarmed Minuteman III intercontinental ballistic missile is launched during an operational test at Vandenberg Air Force Base in California in August 2017. Surging costs for the U.S. Air Force's new Sentinel ICBM may further embolden arms control advocacy groups who argue that the Sentinel should be scrapped in favor of extending the life of Minuteman III missiles.
WORLD / Politics
Jul 6, 2024
Cost of U.S. Sentinel ICBM swells again to $214 million per missile
The program is now expected to cost taxpayers $141 billion, or 81% more than forecast four years ago.
The Finance Ministry and the National Tax Agency in Tokyo's Kasumigaseki district
BUSINESS
Jul 3, 2024
Japan's tax revenue sets another record amid a weak yen and inflation
Even with the tax revenue gains, however, Japan’s fiscal plight is severe.
Self-Defense Force troops take part in an amphibious landing exercise on Tokunoshima island in Kagoshima Prefecture last November.
JAPAN / Politics / FOCUS
Jul 1, 2024
Japan's SDF marks 70th anniversary as it faces change and challenges
The SDF is grappling with dramatic policy shifts while facing down challenges ranging from recruitment to rising Chinese military assertiveness.
The administration of Prime Minister Fumio Kishida on Friday approved this year's honebuto economic and fiscal policy guidelines.
BUSINESS / Economy
Jun 21, 2024
Japanese government restores 2025 primary budget surplus target
In its economic blueprint, the Kishida administration has pledged a balanced budget other than interest payments by fiscal 2025.
Prime Minister Fumio Kishida
JAPAN
Jun 11, 2024
Japan to stick to goal of primary budget surplus next fiscal year
The government will also continue to try to lower the ratio of debt to gross domestic product, a draft of annual policy guidelines for budget planning said.
Prime Minister Fumio Kishida answers questions during a Lower House committee session on Wednesday.
BUSINESS / Economy
Jun 7, 2024
Japan maintains goal of primary budget surplus from 2025 to 2030
The plan will be reflected in the annual economic and fiscal policy guidelines that the central government aims to adopt at a Cabinet meeting by the end of this month.
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.
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.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Mother hopes for reunion with daughter ensnared by Tokyo host clubs
The Kabukicho district in Tokyo, where the daughter of a woman in her 60s fell deeply into the host club culture.
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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