Tag - consumer-spending

 
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July 28, 2024
 

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CONSUMER SPENDING

Japan Times
BUSINESS / Companies
Sep 20, 2019
Japan convenience store sales rose in August for first time in three months
Japan's convenience store sales rose 0.8 percent in August from a year earlier for the first increase in three months as temperatures helped boost sales of beverages and ice cream, an industry body said Friday.
Japan Times
BUSINESS / Economy
Sep 13, 2019
Economist expects limited impact from Japan's October tax hike
The impact of the Oct. 1 consumption tax hike from the current 8 percent to 10 percent will be limited as mitigating measures are already in place, according to the chief economist at the Daiwa Institute of Research.
Japan Times
BUSINESS
Sep 2, 2019
Japan braces for tax hike chaos under two-tier system as register shortage looms
As the hike in the consumption tax approaches, consumers and businesses are worried about the confusion that might erupt from differing rates for similar goods.
EDITORIALS
Aug 14, 2019
No cause for optimism over economy's course
Decelerating global growth is testing Japan's efforts toward sustained growth driven by domestic demand.
Japan Times
BUSINESS / Economy
Aug 9, 2019
Japan's economy grew for third consecutive quarter, but pace slows to annualized 1.8%
Consumer spending remains resilient, but the slowdown in exports is taking its toll, the government says.
Japan Times
BUSINESS / Economy
Aug 6, 2019
Japan's household spending firm but wages weaker
Household spending rose for the seventh straight month in June amid signs that resilient consumer activity could help counter the effects of weak global demand, although the consumption outlook was clouded by softer wages.
BUSINESS / Economy
Jul 17, 2019
Japan's looming sales tax hike prompts less rush demand so far, suggesting painful economic impact can be avoided
The nation's economy is less likely to suffer a painful whiplash from a sales tax increase scheduled for October, early sales figures for autos and apartments suggest.
Japan Times
BUSINESS / Economy
Dec 7, 2018
Japan household spending down in October as vegetable prices soar
Spending by Japanese households fell for a second straight month in October as a rise in vegetable prices due to bad weather caused consumers to tighten their purse strings, government data showed Friday.
Japan Times
JAPAN / EXPLAINER
Dec 3, 2018
Japan hesitantly moves toward a cashless society
Taking out a wallet loaded with cash, receipts and loyalty cards and searching for coins in front of a cashier is a familiar scene at stores in Japan.
EDITORIALS
Dec 1, 2018
Spending to ease tax hike impact
The government should stop and review the effectiveness of the planned measures and their fiscal cost.
Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
BUSINESS / Economy
Oct 5, 2018
Households boosted spending at fastest pace in three years in August on back of summer bonuses
Japanese households increased their spending at the fastest rate in three years in August as consumers made more costly purchases, government data showed Friday.
Japan Times
BUSINESS / Economy
Aug 7, 2018
Wage growth in Japan hits 21-year high, possibly signaling a pickup in household spending
Household spending slid in June, but real wages rose at their fastest pace in more than 21 years thanks to higher summer bonuses, a sign that benefits of a prolonged economic recovery are broadening.
Japan Times
BUSINESS / Economy
May 16, 2018
Japan's economy shrinks in first quarter of 2018 after two-year run of growth
The economy shrank by 0.2 percent in the first three months of 2018, snapping a run of two years of positive growth, according to the Cabinet Office.
BUSINESS / Economy
Apr 6, 2018
Japan's long growth run faces turning point as wages and spending fall
Japan's longest run of economic expansion since the 1980s asset bubble may be entering a turning point, with data out on Friday suggesting consumption will fail to drive growth if trade frictions undermine exports.
Japan Times
BUSINESS
Mar 9, 2018
Vietnam bumps Thailand down to third place in survey of interest among Japanese businesses
Interest in Vietnam among Japanese companies continues to grow, boosting the Southeast Asian country to the second spot, right behind China, for the first time in the Japan External Trade Organization's ranking of countries and areas favorable for business expansion, according to a fiscal 2017 survey...
Japan Times
COMMENTARY / Japan
Jan 21, 2018
How is your brand relationship?
When it comes to brand commitment, Japanese consumers are the world's toughest customers.
BUSINESS
Jan 18, 2018
Strong wage growth key to beating deflation, Japanese government says in report before corporate wage talks
Japan has entered a new phase in its fight against deflation, but stronger wage growth and improved productivity are needed if the economy is to turn the corner, the Cabinet Office said in a report released Thursday.
Japan Times
BUSINESS / Companies
Jul 27, 2017
LMVH profit jumps as Japan, Europe join China luxury rebound
LVMH's first-half profit grew at the fastest rate since 2011 as Japan and Europe joined a luxury industry recovery led by China, showing double-digit sales increases in the second quarter.
EDITORIALS
Feb 19, 2017
Consumption still key to growth
The government needs to do more to spur consumer spending.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

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JNTO promotes sustainable tourism initiatives

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