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April 19, 2025
 

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CONSUMER SPENDING

BUSINESS / Economy
Jul 26, 2016
Penny-pinching Japanese households spend less on having fun
Whether it is the young or the old, Japanese consumers are spending less on fun, and that is bad news for Abenomics.
Japan Times
BUSINESS / Economy
Oct 13, 2015
Retailers warn of dismal spending; sales tax hike seen stifling demand
Do not believe in official statistics, Japanese retailers seem to be saying, as they cut earnings forecasts and warn of lackluster consumer spending, a key growth engine for Japan at a time when exports and factory output are stalling.
Japan Times
BUSINESS / Economy / ANALYSIS
May 29, 2015
Spending slump casts doubt on Bank of Japan optimism
Household spending slumped unexpectedly in April and consumer inflation came in roughly flat, casting doubt on the central bank's view that a steady economic recovery will help move inflation toward its ambitious 2 percent target.
EDITORIALS
Feb 13, 2015
Negative savings rates loom
The first-ever annual drop in Japan's household savings rate into negative territory might have been the result of people's rush to buy goods before the consumption tax hike last April. Yet, the long-term downtrend in the savings rate is forecast to continue.
BUSINESS / Economy
Nov 27, 2014
U.S. consumer, business spending data point to slowing growth
U.S. consumer spending rose modestly in October and a key measure of business spending plans on equipment fell for a second straight month, suggesting some slowing in the pace of economic growth.
EDITORIALS
Mar 25, 2014
'Abenomics' after the tax hike
Uncertainties are deepening with regard to the course of Japan's economy after the three-percentage-point sales tax hike takes effect in April. Meanwhile, 'Abenomics' appears to be losing steam.
EDITORIALS
Mar 11, 2014
No need to break the budget
Consumers would be wise to resist the urge to break their household budget with high-end purchases before the sales tax rises by three percentage points April 1. That's because manufacturers are likely to remain as keen as ever to keep their prices competitive after the tax hike.
EDITORIALS
Feb 19, 2014
Data highlights fragility of recovery
The uptick in Japanese consumer spending in the fourth quarter of 2013 should be regarded as a result of the rush to make purchases before the consumption tax rises from 5 to 8 percent, beginning in April, rather than as an optimistic sign of economic recovery.
BUSINESS / Economy / ANALYSIS
Jan 3, 2014
Economy faces headwinds in 2014
The first stage of the sales tax hike next April will likely put a major drag on growth this year, although the nation will avert an outright recession, economists say.
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
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.
Parts of Yamanote and Keihin-Tohoku lines to be suspended over weekend
Sections of the outer loop of Tokyo's Yamanote Line and the Keihin-Tohoku Line will be shut down all day Saturday, and from the start of service through around noon on Sunday.
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.

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