Sep 5, 2015

Budget requests for fiscal 2016 reach record ¥102.4 trillion

General account budget requests for fiscal 2016 from government ministries and agencies totaled a record ¥102.41 trillion, the Finance Ministry said Friday. Ever-increasing medical costs on the back of an aging population helped the budget requests to top ¥100 trillion for the second consecutive ...

Aug 26, 2015

Japan fiscal 2016 budget requests to hit record ¥102 trillion

Budget requests by Japan’s central government offices for the new fiscal year from next April are set to total a record ¥102 trillion ($853 billion), due primarily to social security spending growth in a rapidly aging society, government sources said Tuesday. The requests for ...

Authorities slow with data changes ahead of new ID card

Jul 30, 2015

Authorities slow with data changes ahead of new ID card

Municipalities are struggling to reorganize their information technology systems to guard against possible data leaks ahead of the government’s implementation of a new ID card system in January. Under the My Number system, local governments plan to assign every resident in Japan a number ...

Jan 7, 2015

Ready for your My Number ID? Many Japanese firms aren't

Companies have been slow in preparing for the launch of the My Number social security and tax identity system a year from now, despite its expected wide-ranging impact on employers. Slated for introduction in January 2016, the numbers will help simplify the administration of ...

Gaffe-prone Aso takes aim at young people without kids

Dec 8, 2014

Gaffe-prone Aso takes aim at young people without kids

After telling Japan’s growing ranks of elderly they should “hurry up and die,” Finance Minister Taro Aso has turned his well-oiled gaffe gun on “people who don’t give birth.” The former prime minister said pensioners are not to blame for the spiraling social welfare ...

Dec 5, 2014

Keep safety nets in place

Postponement of the consumption tax rate hike must not be used as an excuse to reduce funding of social security programs for low-income people, children from poor families and child-rearing households.