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July 17, 2024
 

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JAPANESE ECONOMY

Japan Times
BUSINESS / Economy
May 11, 2021
Japanese government debt rises by record ¥101 trillion in fiscal 2020
The figure means that debt per capita stands at u00a59.70 million based on the estimated population of 125.41 million as of April 1.
Japan Times
BUSINESS / Economy
May 11, 2021
Household spending falls 4.9% in fiscal 2020, second largest drop on record
Spending by households with two or more people averaged u00a5276,167 per month in the fiscal year through March, decreasing for the second straight year.
Japan Times
BUSINESS / Economy
May 11, 2021
BOJ member saw need to expand easing for inflation goal, meeting summary shows
At the April 26-27 gathering, the BOJ projected that the central bank's 2% target will not be met before Gov. Haruhiko Kuroda's current term ends in April 2023.
Japan Times
BUSINESS / Economy
May 8, 2021
Japan's extended virus emergency could lead to ¥1 trillion economic loss
The extension could dim the prospect for a steady recovery toward the end of the year, according to one economist's forecast.
Japan Times
BUSINESS / Economy
May 7, 2021
BOJ policymakers agreed to focus on low rates as pandemic pain persists
At the March review, the BOJ kept policy steady and unveiled steps to make its tools sustainable enough to weather a prolonged battle to hit its 2% inflation target.
Japan Times
BUSINESS
Apr 30, 2021
Japan's industrial output hit seven-year low in fiscal 2020 due to pandemic
The country's output in March, however, rose 2.2% from the previous month, buoyed by a recovery from production disrupted by a major earthquake in February
Japan Times
BUSINESS / Economy
Apr 30, 2021
In fiscal 2020 Japan saw biggest decline in job availability in 46 years
The unemployment rate was also up for the first time in 11 years, reflecting the serious impact of the COVID-19 pandemic, government data shows.
Japan Times
BUSINESS
Apr 29, 2021
Summer bonuses at Japan firms to fall 1%-3% on year due to coronavirus
The decline in summer bonuses per employee, forecast by four think tanks and two security firms, follows a 2.6% fall in winter bonuses.
Japan Times
BUSINESS / Economy
Apr 27, 2021
Japan to miss key 2% inflation target again as policy coordination loosened
'It's hugely symbolic that even Kuroda can't hit the target after a decade,” said a chief economist and former Bank of Japan official.
Japan Times
COMMENTARY / Japan
Apr 27, 2021
Economic issues, once divisive, now bind Japan and the U.S.
The two governments' discussion of economic issues is a path to mobilization and cooperation, not contestation (at least between themselves).
Japan Times
BUSINESS / Economy / FOCUS
Apr 26, 2021
Latest virus emergency could dampen Japan's economic recovery hopes
GDP data for January to March is scheduled to be released next month, but economists are already pessimistic enough to forecast a contraction in the world's No. 3 economy.
Japan Times
BUSINESS
Apr 23, 2021
Japan’s consumer prices maintain downtrend amid ongoing virus restrictions
Ministry data showed the nationwide core consumer price index was down for the eighth month as energy prices fell, although the pace of decline eased.
Japan Times
JAPAN
Apr 22, 2021
Wealth of Japan's richest surges nearly 50% during pandemic
Japan's richest people accumulated more wealth over the past year despite the COVID-19 pandemic, with their collective wealth jumping nearly 50%, Forbes Asia reported Thursday.
Japan Times
BUSINESS / Economy
Apr 22, 2021
Bank of Japan has hit normalization limit under Kuroda, ex-official says
'Unless the current leadership suddenly says it's gotten policy wrong all this time, it's pretty much done all it can,” says former executive director Hideo Hayakawa.
Japan Times
COMMENTARY / Japan
Apr 21, 2021
Okinawa’s wasted COVID-19 year
For political reasons, the economic contribution of the Okinawa bases is heavily downplayed, sometimes by five or 10 times as much, in local government publications and the media.
Japan Times
BUSINESS / Economy
Apr 20, 2021
Government seeks safety guarantee in Japan's digital wage payout plan
A plan for digital salary payments is being pushed by the government to help people avoid touching cash amid the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Apr 20, 2021
Home appliance shipments hit 24-year high amid pandemic in Japan
The figure for the 2020 fiscal year was boosted partly by robust demand for air cleaners as people stayed at home.
Japan Times
BUSINESS
Apr 19, 2021
Major firms in Japan to hire fewer graduates next year amid pandemic
A survey of 110 large companies found over a fifth plan to curb hiring next year, with sectors such as transport and tourism more significantly affected.
Japan Times
BUSINESS / Economy
Apr 19, 2021
As Pfizer talks fail to lift its markets, could Japan see vaccine envy?
The nation won praise during the pandemic for staying open while others locked down, but is now struggling with its inoculation program.
Japan Times
BUSINESS
Apr 19, 2021
Japan exports grow by double digits for first time since 2018
The value of overseas shipments jumped 16.1% from a year ago, for the biggest increase since November 2017.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
Japan finds a 'stealth' cure for zombie businesses: Let them fail
A worker at Sakai Seisakusyo prepares to transport metal rods at its factory in Kakamigahara, Gifu Prefecture, on July 8.
Trump makes his grand RNC entrance with a bandaged ear and a VP pick
Former U.S. President Donald Trump during the Republican National Convention (RNC) in Milwaukee, Wisconsin, on Monday
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

SUSTAINABLE JAPAN

Festival overcomes a nuclear accident and COVID
Festival overcomes a nuclear accident and COVID

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