Chikako Mogi

For Chikako Mogi's latest contributions to The Japan Times, see below:

Weak yen puts Japan at risk of recession, says ex-BOJ deputy

Sep 22, 2014

Weak yen puts Japan at risk of recession, says ex-BOJ deputy

Japan is in danger of falling into a recession as the yen’s decline reduces the purchasing power of households and squeezes corporate profits, according to a former deputy governor of the Bank of Japan. “The current yen weakness is slightly excessive,” Kazumasa Iwata, the ...

Women's work culture under fire

Sep 12, 2014

Women's work culture under fire

One morning in February, the government personnel department began an experiment in a nondescript building in a Tokyo residential area that could end up rewriting the rules of the nation’s powerful bureaucracy. For the first time, it invited 19 women from different ministries to ...

June wages in Japan rose less than forecast in risk to spending

Jul 31, 2014

June wages in Japan rose less than forecast in risk to spending

Wage growth slowed in June, highlighting the risk to consumer spending as inflation squeezes household budgets. Average overall monthly earnings rose 0.4 percent from a year earlier to ¥437,362 after a 0.6 percent gain in May, the labor ministry reported Thursday, below the median ...

Stress tests urged to gauge lenders' risks in JGB crisis

May 9, 2014

Stress tests urged to gauge lenders' risks in JGB crisis

Japanese lenders should take stress tests to assess their ability to withstand swings in bond prices as the central bank’s unprecedented monetary stimulus saps trading volumes, one of its former executives said. A measure of price swings in government bonds briefly jumped to a ...

Skin divers turn to tourism to stem the tide

Apr 24, 2014

Skin divers turn to tourism to stem the tide

At the Sea People restaurant in Shima, a coastal hamlet in Mie Prefecture, sea diver Machiyo Yamashita wants a piece of a tourism industry dominated by the cities that sapped her town’s vitality by luring away its youth. “I want to cook and serve ...