Takashi Hirokawa

For Takashi Hirokawa's latest contributions to The Japan Times, see below:

Apr 27, 2015

Abe adviser fears BOJ has den of conspirators opposing reflation

The Bank of Japan appears to be wavering in its commitment to unprecedented monetary easing, said Kozo Yamamoto, an adviser to Prime Minister Shinzo Abe and an advocate of reflationary policies. “I’m worried the BOJ’s attitude is wavering,” Yamamoto said in an interview in ...

Jan 20, 2015

LDP lawmaker says he wants inflation targets fixed in law

A lawmaker who has advised Prime Minister Shinzo Abe on economic policy said he will urge the government to enshrine its inflation-targeting agreements with the Bank of Japan in law as early as next year. Kozo Yamamoto’s comments come as the central bank is ...

Abe exploiting window for biggest defense change since war

Feb 12, 2014

Abe exploiting window for biggest defense change since war

Prime Minister Shinzo Abe, pressed by China and seeking to strengthen ties with the U.S., is considering Japan’s biggest change in military engagement rules since World War II. Barred by the traditional interpretation of the pacifist Constitution from protecting other nations’ troops, the 59-year-old ...

Takenaka touts Nikkei surge

Jan 9, 2014

Takenaka touts Nikkei surge

Stocks could surpass a level not seen since 2007 if the Abe administration pushes through in its drive to loosen business regulations, said Heizo Takenaka, a member of a government council on special economic zones. “Stocks have surged considerably, but they can still improve ...

Abe gets Toyota, Hitachi help in push for wage gains

Dec 9, 2013

Abe gets Toyota, Hitachi help in push for wage gains

Prime Minister Shinzo Abe urged companies to increase wages faster than gains in the cost of living to break the legacy of 15 years of deflation, and praised Toyota Motor Corp. and Hitachi Ltd. for pledging to help. “What we want is for wages ...

Beach-storming drill in U.S. hones SDF amphibious edge

Jul 16, 2013

Beach-storming drill in U.S. hones SDF amphibious edge

One thousand members of the Self-Defense Forces have been learning how to recapture territory in the face of enemy fire, and while the shoreline may be California’s, the skills they are building could one day be used closer to home. During the two-week Dawn ...

Jan 28, 2012

Bond yields could soar if Noda's tax hike plan stalls

Prime Minister Yoshihiko Noda says doubling the consumption tax is a necessary remedy to address soaring debt and social welfare costs, and while his opponents don’t disagree, they’re still not going to let him do it. The Liberal Democratic Party has rejected repeated calls ...

Mar 26, 2011

Shirakawa snubs '30s-style JGB-buying for rebuilding

Bank of Japan Gov. Masaaki Shirakawa is under fire for refusing to consider 1930s-style purchases of government bonds to fund reconstruction from the nation’s largest earthquake on record. Shirakawa repeatedly attempted to quash direct buying of government debt, a step allowed in extraordinary circumstances ...