Tetsushi Kajimoto

For Tetsushi Kajimoto's latest contributions to The Japan Times, see below:

Welfare cuts? Abe won't say it

| Dec 11, 2014

Welfare cuts? Abe won't say it

Hiroko Shinohara frets about one issue Prime Minister Shinzo Abe has noticeably avoided on the campaign trail ahead of Sunday’s election: the need to cut the nation’s generous social welfare program that supports millions of people. “I hope my own pension is OK, but ...

'Abenomics' appears headed for trouble as challenges build

Sep 3, 2014

'Abenomics' appears headed for trouble as challenges build

Prime Minister Shinzo Abe’s plan for the economy to generate self-sustained growth on the back of his three policy “arrows” of massive monetary easing, spending and reform appears to be faltering — but no magic solution is in sight. Abe’s aides and advisers are ...

Polarizing Abe learns the long game

| Aug 22, 2014

Polarizing Abe learns the long game

Shinzo Abe is one of Japan’s most polarizing prime ministers in decades. He may also have a good shot at becoming that rarity in Japanese politics — a long-serving leader. Whether that proves to be the case depends on whether Abe, who surged back ...

Top retailers reach crossroads in labor shortage shakeout

Jun 5, 2014

Top retailers reach crossroads in labor shortage shakeout

Don Quijote and Uniqlo, two of the nation’s best-known mass-market retailers, aren’t waiting for the government’s new growth policies due later this month before implementing their own labor reforms. While many labor-intensive businesses face a shortage of low-wage workers as Japan’s economy perks up, ...

BOJ repeating history, board exec from 2000 warns

Aug 5, 2006

BOJ repeating history, board exec from 2000 warns

When the Bank of Japan ended its “zero-interest-rate” policy at its two-day Policy Board meeting last month, Nobuyuki Nakahara recalled the last time the central bank made the same move, when he was a board member in August 2000. Nakahara was one of two ...

Commentator advises savers to stay cautious

Aug 5, 2006

Commentator advises savers to stay cautious

With the Bank of Japan lifting its nearly six-year-old “zero-interest-rate policy,” the days of rock-bottom interest rates are finally over. But ordinary savers should stick to cash rather than chasing after high-risk investments, says popular economic journalist Hiroko Ogiwara. Ogiwara advises people to avoid ...

BOJ terminates zero-rate policy

Jul 15, 2006

BOJ terminates zero-rate policy

The Bank of Japan ended nearly six years of rock-bottom interest rates Friday, abandoning its “zero-interest-rate policy” and hiking the unsecured overnight call rate to 0.25 percent on the strength of Japan’s steadily improving economy. Indicating victory in the central bank’s prolonged battle with ...

Jun 28, 2006

Pension system bugbear only got band-aid fix

Five years was not enough time for Prime Minister Junichiro Koizumi to overhaul the nation’s ailing pension system. Koizumi, who steps down in September, must be content with a 2004 stopgap reform aimed at preventing further deterioration of pension finances. Now, whoever takes over ...