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November 22, 2024
 

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DUTY FREE

Passengers walk through the departure lobby of Haneda Airport in Tokyo.
JAPAN
Oct 25, 2024
Over ¥300 million in taxes not collected from foreign tourists in 2022
In cases where the amount of duty-free purchases exceeds ¥100 million, authorities notify travelers of consumption taxation.
Fast Retailing booked its third consecutive year of record earnings on Thursday.
BUSINESS / Companies
Oct 10, 2024
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
Operating profit rose 31% to ¥500.9 billion in the 12 months through August from ¥381.1 billion a year earlier.
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
JAPAN
Aug 13, 2024
Japan to revise consumption tax exemption for overseas tourists
A revision of the current system is being considered to prevent goods bought tax-free from being resold within the country.
Travelers in front of a Suntory duty-free shop at Kansai International Airport in December
BUSINESS
Jun 25, 2024
Duty-free sales at Japan's department stores tripled in May
Record sales were achieved with the help of a significant influx of Chinese tourists and the yen’s weakness.
Foreign tourists at a duty-free counter in a department store in Tokyo
BUSINESS
Jan 26, 2024
Duty-free sales at Japan department stores hit record high in 2023
The rise reflected the weak yen, as well as an increase in the number of foreign visitors to Japan.
Welcia Holdings, Japan’s largest drugstore chain, is one of the first Japanese companies to respond to China easing its ban on group tours to a raft of countries last week.
BUSINESS
Aug 18, 2023
Japan drugstore chain boosts duty-free counters on China bets
The company plans to offer duty-free services at 1,000 stores, up from about 260 currently, and it expects tourists to travel beyond Japan’s major cities.
Japan Times
BUSINESS
May 15, 2023
Japan steps up measures to prevent illegal resale of duty-free goods
The government has started levying the consumption tax on businesses that purchased the products and illegally resold them, as well as the foreign nationals involved.
Japan Times
BUSINESS / Economy
Oct 24, 2022
Duty-free sales jump by up to twentyfold at Japan's department stores
Competition is seen heating up further in the Japanese retail industry amid efforts to respond to such demand from inbound tourists.
EDITORIALS
May 7, 2016
Find an effective tourism strategy
Tourism based on shopping won't keep growing at its present rate, so the hospitality industry and government need to get cracking on long-term sustainable strategies.
Japan Times
BUSINESS
Jan 26, 2016
Airport-style duty-free shop opens in Tokyo's Ginza
Mainland Japan will get its first duty-free shop outside of an international airport when the Japan Duty Free Ginza debuts at the Ginza Mitsukoshi department store in Tokyo's Chuo Ward on Wednesday, a top company official said a day earlier.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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