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April 26, 2024
 

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PRIVATIZATION

Japan Times
BUSINESS
Jul 4, 2019
Consortium to enter talks with Japan land ministry on privately operating seven Hokkaido airports
A consortium of companies is to enter exclusive talks with the land ministry over operating New Chitose and six other airports in Hokkaido, the ministry said Wednesday.
Japan Times
JAPAN / Media / MEDIA MIX
May 11, 2019
JR Hokkaido confronts the harsh realities of financing rail lines in depopulated areas
Privatization of public enterprises is a core tenet of neoliberalism, and probably the most representative domestic development in this regard was the privatization of Japanese National Railways (JNR) in 1987. The resulting rail companies, distinguished primarily by region, have demonstrated differing degrees of success. In some cases, especially for new shinkansen lines, they rely on input from the government, which assumed the JNR debt, but the inevitable rationalization that accompanies privatization has affected the domestic rail industry in startling ways, given how central rail culture is to Japanese life.
Japan Times
JAPAN / EXPLAINER
Dec 17, 2018
With water privatization, Japan faces crossroads in battling its aging pipes
Japanese water is clean and readily available, as evidenced by drinkable tap water and a nearly 100 percent penetration rate.
Japan Times
BUSINESS
Jun 18, 2017
Abe's infrastructure reforms hit roadblock as cities balk at effort to mend Japan's aging sewer systems
Hidden beneath its streets, Japan's aging sewer pipes spotlight a challenge that has held back reforms Prime Minister Shinzo Abe is pushing to revitalize the world's third-biggest economy.
EDITORIALS
Nov 24, 2015
Can privatization turn KIA around?
The sale of the rights to run Kansai International Airport to a private consortium could serve as a role model for other money-losing public-infrastructure operations if efficiency and profitability improves.
BUSINESS
Nov 2, 2015
Japan Post's IPO a decade in the making
The opening of sales Wednesday of shares in Japan Post, whose origins date back to 1871, has been a decade in the making.
Japan Times
BUSINESS
Nov 2, 2015
With massive IPO of Japan Post, the nation seeks to shake decades of torpor
As Japan prepares this week for the biggest initial public offering in the world since Alibaba Group Holding Ltd. in September 2014, the government hopes that the ¥1.5 trillion privatization of the postal service will help revive the country from its 20-year slump.
Japan Times
JAPAN
Oct 21, 2015
Aichi city nixes 'Tsutaya Library' project amid public opposition
The city of Komaki, Aichi Prefecture, has officially scrapped a plan to build a next-generation public library in collaboration with video rental giant Tsutaya after the majority of its residents voted it down in a referendum earlier this month.
EDITORIALS
Aug 18, 2015
New stage in postal privatization
Uncertainties remain regarding the full privatization of Japan Post Bank and Japan Post Insurance.
JAPAN
Aug 12, 2015
Government aims to privatize National Stadium after 2020 Olympics to trim costs
The central government plans to privatize the National Stadium to be built for the 2020 Tokyo Olympics after the sports event ends, hoping to reduce the running costs it would have to pay, government sources said Tuesday.
Japan Times
BUSINESS
Jun 27, 2015
Japan Post units plan simultaneous IPOs
The bank and insurance arms of financial giant Japan Post are planning to apply for simultaneous IPOs in October.
Japan Times
BUSINESS
Mar 19, 2015
LDP pushes for higher deposit cap for postal giant before IPO
The ruling Liberal Democratic Party wants to raise the deposit limit at state-owned Japan Post Holdings Co.'s lending arm before a planned initial public offering later this year, according to a lawmaker who is backing the change.
Japan Times
BUSINESS / Companies
Feb 27, 2015
JR Kyushu to be fully privatized in fiscal 2016
The government decided Friday to put Kyushu Railway Co. under full private ownership in fiscal 2016.
COMMENTARY / World
Feb 25, 2013
Pay attention to the resiliency of public assets
As a long-term priority, developed countries must build public assets to have the resilience and flexibility to respond to structural change over time.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Over 40% of Japan's municipalities at risk of vanishing, study finds
Of 1,729 local municipalities nationwide, 744 have been identified as being at risk of disappearing.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Prize winner Maki Imoto catches light with glass
Prize winner Maki Imoto catches light with glass

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