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November 22, 2024
 

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TAXES

Members of a freelancers group opposing Japan's new invoice system hand documents requesting its abolition to Finance Ministry officials in Tokyo on Nov. 13.
BUSINESS
Nov 22, 2023
Manga artists and taxi drivers hit as tax frustrations mount
About 4.6 million businesses that were previously exempt from paying sales tax have been impacted by a new invoice system.
Prime Minister Fumio Kishida arrives in San Francisco on Wednesday to attend the Asia-Pacific Economic Cooperation summit meeting.
JAPAN / Politics
Nov 16, 2023
Public approval for Kishida Cabinet sinks to new low of 21.3%
The support rate fell 5.0 percentage points from the previous month, while the disapproval rate rose 7.0 points to 53.3%.
State Minister of Finance Kenji Kanda (left) and Finance Minister Shunichi Suzuki attend an Upper House session in Tokyo on Thursday.
JAPAN / Politics
Nov 13, 2023
State minister of finance resigns in further blow to Kishida
Kenji Kanda submitted his resignation after admitting that his firm had failed to pay fixed asset taxes.
Finance Minister Shunichi Suzuki, Prime Minister Fumio Kishida and Sanae Takaichi, the minister in charge of economic security, attend a Cabinet meeting in Tokyo on Friday.
BUSINESS / Economy
Nov 10, 2023
Cabinet approves ¥13.1 trillion extra budget to finance fresh stimulus
Prime Minister Fumio Kishida appears to be eager to regain popularity with the relief package, but voters aren't convinced.
Constitutional Democratic Party of Japan leader Kenta Izumi attends a news conference to announce the party's new economic policy on Friday.
JAPAN / Politics
Nov 10, 2023
Japan opposition CDP vows to provide tax cuts and benefits
The proposal did not include a goal of lowering the consumption tax rate from 10% to 5% temporarily, which was a campaign pledge of the CDP.
A man dressed as Kentucky Fried Chicken founder Colonel Sanders jumps into the Dotonbori River in Osaka after the Hanshin Tigers won the Japan Series.
PODCAST / deep dive
Nov 9, 2023
Japan’s 'four-eyed tax hiker' and the curse of Colonel Sanders
Baseball writer Jason Coskrey and editor Joel Tansey discuss the Hanshin Tigers’ Japan Series victory; Gabriele Ninivaggi explains how the prime minister hopes to get a home run with his tax plan.
In some cases, it's up to individual foreign residents to understand the unique tax implications of their home countries and Japan in order to avoid a penny-pinching retirement.
COMMUNITY / How-tos / Age Wise
Nov 5, 2023
Retiring in Japan? Be prepared to foot your own bills.
“In an ideal world, everyone should have retirement planning on their radar as soon as possible when working life begins.”
Prime Minister Fumio Kishida holds a news conference about a new economic stimulus package in Tokyo on Thursday.
BUSINESS
Nov 2, 2023
Kishida unveils ¥17 trillion stimulus package amid pushback
A supplementary budget proposal — worth a total of ¥13.1 trillion — to back the package will be submitted to parliament in the upcoming weeks.
Prime Minister Fumio Kishida chats with Finance Minister Shunichi Suzuki (left) in a parliamentary session in October.
BUSINESS / Economy / FOCUS
Nov 2, 2023
Kishida distances himself from panel report backing tax overhaul
The advisory panel's medium-term reform proposal could mean higher taxes for salaried workers.
Fortnite is estimated to be played by over 400 million people worldwide.
JAPAN
Nov 1, 2023
Fortnite developer fails to report ¥30 billion in revenue in Japan
The problem, which lasted for three years to December 2020, was uncovered in an investigation.
Prime Minister Fumio Kishida holds his glasses during an Upper House Budget Committee session in Tokyo on Wednesday.
JAPAN / Politics
Nov 1, 2023
Hotly debated tax cuts risk backfiring on Kishida administration
When Kishida announced plans to cut income and residence taxes to ease the hit from inflation, there was a chorus of skepticism rather than joy.
Prime Minister Fumio Kishida answers questions at a Lower House Budget Committee session on Monday.
JAPAN / Politics
Oct 30, 2023
Kishida says tax hike and tax cut policies ‘don’t contradict’
“An (income tax cut) is a temporary measure until wages increase to a level that can cover rising prices," the prime minister said.
Prime Minister Fumio Kishida replies to questions at Friday's budget committee session at the Diet in Tokyo.
JAPAN / Politics
Oct 27, 2023
Amid scrutiny, Kishida emphasizes tax cuts to pull out from deflation
The Constitutional Democratic Party of Japan has heavily criticized the government for its belated response to rising inflation.
Prime Minister Fumio Kishida listens as Constitutional Democratic Party of Japan chief Kenta Izumi speaks in parliament in Tokyo on Tuesday.
JAPAN / Politics
Oct 24, 2023
Tough questions for Kishida in parliament over spending plans
Japan’s main opposition party began its scrutiny of Kishida's economic stimulus package as the country struggles with inflation and stagnant wages.
Members of the Ground Self-Defense Force disembark from a CH-47 Chinook helicopter during a live fire exercise in Gotemba, Shizuoka Prefecture, in May 2022.
COMMENTARY / Japan
Oct 23, 2023
Kishida's proposed tax cuts put higher defense spending on hold
The plan to raise defense spending partly through tax hikes has been put on ice. In fact, it was never likely to deliver fast results.
Prime Minister Fumio Kishida delivers a policy speech during an extraordinary session of parliament in Tokyo on Monday.
JAPAN / Politics
Oct 23, 2023
The economy takes center stage in Kishida’s policy speech
"'The economy, the economy, the economy.’ I will focus my attention on the economy more than anything else,” Kishida said in opening remarks.
Prime Minister Fumio Kishida at the Liberal Democratic Party headquarters on Tuesday in Tokyo
BUSINESS / Economy / FOCUS
Oct 12, 2023
Why are ruling party lawmakers calling for tax cuts?
As the prime minister prepares for a new economic stimulus package, it's members of his own party who are raising a fuss.
From happōshu to real beer, Japan’s tax changes aim to improve brewing quality and prices.
COMMENTARY / Japan
Oct 6, 2023
Amid rising costs, why is Japan making beer cheaper?
A 350-milliliter can of brew costs drinkers about ¥7 (5 cents) less from October, thanks to changes in the country’s tax system.
The new invoice system, which goes into effect Oct. 1, is forcing many freelancers in Japan to choose between raising their prices or suffer a 10% loss in revenue.
COMMUNITY / How-tos
Sep 25, 2023
Freelancers aren’t happy with Japan’s new invoice system
For many freelancers and small businesses, the result will amount to a 10% increase in taxes.
Members of the Japanese Trade Union Confederation, commonly known as Rengo, raise their fists as they cheer during their annual May Day rally to demand higher pay and better working conditions, in Tokyo, in April.
BUSINESS / Economy
Aug 19, 2023
Japan eyes expanding tax breaks for firms raising wages
The industry ministry will include plans to expand the program in its tax system reform proposal for fiscal 2024, which starts next April.
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

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