Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
23
P/CLOUDY
Patrick Budmar is a senior reporter based in Sydney, Australia.
For Patrick Budmar's latest contributions to The Japan Times, see below:
In February 2012, a small band of sacked workers in Japan took on one of the world’s biggest investment banks, Goldman Sachs, unionizing in a bid to keep their jobs and win a better deal from a firm they believed had treated them unfairly. ...
This year marked the fifth anniversary of the collapse of English language school giant Nova, which filed for bankruptcy protection on Oct. 26, 2007. Under the guidance of Nagoya-based G.Communication, the cram school and restaurant operator that initially bailed out the company, Nova was ...
Throughout most of the 2010s, the meteoric rise in popularity of Hokkaido’s ski resorts among foreign visitors was widely documented in both the domestic and overseas media. In particular, the quiet town of Niseko in southwestern Hokkaido, 100 km west of Sapporo, quickly and ...
While the media both in Japan and overseas reported on a perceived exodus of foreigners in the immediate aftermath of the March 11, 2011, disasters in Tohoku, the reality is that very few actually left for good. As was highlighted in our July 3 ...
Before instructors became embroiled in a fierce legal battle with Berlitz Japan, there was a time when the English language school chain’s robust image made it a top choice among foreign job-seekers. In particular, it was the company’s good reputation over competing language chains ...
Now fraught with job insecurity and low pay, there was a time when the work was steady and salaries were high for those who taught English in Japan. One only has to contrast the birth of the eikaiwa (English conversation) business in the late ...
Although more than a year has passed since the magnitude 9 earthquake and tsunami struck Tohoku on March 11, 2011, Ivan Stout’s memory of the moment when the Shinmarunouchi building in Tokyo’s Chou Ward began to tremble is as vivid as ever. While Stout, ...
English teachers on the JET program are often faced with the bittersweet moment when they realize their contract is ending and they will soon be returning to their home country. However, for one former JET teacher, that moment turned out to be a poisonously ...
Ask any ordinary person what significance Oct. 26 holds and you might find them struggling for an answer, but for many involved in Japan’s beleaguered English teaching industry, it was the day the nation’s premier operator fell into administration and took much of the ...