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Erica Yokoyama
Finance Minister Satsuki Katayama issued her first clear warning on currency moves in noting the government is monitoring the yen with a strong sense of urgency.
BUSINESS / Economy
Oct 31, 2025
Japan’s Katayama warns on FX as yen hits eight-month low
The yen traded around an eight-month low after the Bank of Japan left interest rates unchanged, with markets unconvinced by Gov. Kazuo Ueda offering hints a rate hike is coming.
Rengo President Tomoko Yoshino speaks at a news conference on Thursday. She said the union is looking to make wage hikes a normal occurrence.
BUSINESS / Economy
Oct 23, 2025
Japan’s unions seek minimum 5% wage hike in upcoming pay talks
Sanae Takaichi’s tenure and the central bank's policy path could be affected if Japan can’t keep up its wage-hike momentum.
Bank of Japan Gov. Kazuo Ueda (left) speaks during a news conference in Washington on Thursday.
BUSINESS / Economy
Oct 17, 2025
Ueda keeps door open for BOJ rate hike as decision nears
Financial markets reflect a narrow chance of a rate hike at the end of this month.
U.S. Treasury Secretary Scott Bessent and Finance Minister Katsunobu Kato meet in Washington on Wednesday.
BUSINESS / Economy
Oct 16, 2025
Japan’s Kato calls for G7 unity over China’s rare earth curbs
"Japan is deeply concerned about these measures,” Kato told reporters in Washington on Wednesday, referring to China’s latest trade measures.
Yoshihiko Noda, leader of the main opposition Constitutional Democratic Party of Japan, speaks to reporters in Tokyo on July 20.
JAPAN / Politics
Oct 3, 2025
CDP doesn’t rule out cooperation with LDP
Noda’s comments come as the ruling Liberal Democratic Party prepares to elect a new leader, who will need opposition support in order to govern.
August’s unemployment figures showed a slight tempering of Japan's job market, but the data still points to overall firmness amid an ongoing labor shortage.
BUSINESS / Economy
Oct 3, 2025
Japan’s jobless rate edges up to highest in over a year
August’s figures showed a slight tempering of the job market, but the data still points to overall firmness amid an ongoing labor shortage.
Industrial production in Japan dropped 1.2% from the previous month, following the same pace of decline from July, according to the economy ministry.
BUSINESS / Economy
Sep 30, 2025
Japan’s output falls as U.S. tariffs drag on global outlook
The data reflect ongoing caution among manufacturers as the U.S. continues to threaten additional tariffs to narrow its trade deficit.
Hard-line conservative lawmaker Sanae Takaichi has consistently been a public favorite in the ruling Liberal Democratic Party’s leadership election scheduled for Oct. 4.
JAPAN / Politics
Sep 20, 2025
Japan may see its first female PM despite limited progress on gender gap
For a country that has seen limited progress on gender equality, a win by Takaichi could represent a watershed moment.
Finance Minister Katsunobu Kato takes part in an online meeting of Group of Seven finance ministers on Friday.
BUSINESS
Sep 17, 2025
Japan pushes back on U.S. call for tariff hikes over Russian oil
Tokyo is cautious about joining efforts to raise tariffs on countries trading with Russia as Japan itself has continued importing LNG from its neighbor.
U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato reaffirmed in a joint statement their commitment to allowing markets to determine currency exchange rates and not targeting them for competitive advantage.
BUSINESS / Economy
Sep 12, 2025
U.S. and Japan pledge not to manipulate forex for competitive advantage
Tokyo has spent close to $150 billion in the last three years trying to prop up the yen with the last move in July last year.
Kono Taro, Liberal Democratic Party lawmaker and former digital transformation minister, speaks during an interview in Tokyo on Tuesday.
BUSINESS / Economy
Sep 9, 2025
BOJ should raise rates to strengthen yen and curb inflation, says Taro Kono
The comments come days after Prime Minister Shigeru Ishiba’s decision to resign raised questions about the outlook for economic policies.
Minimum hourly wages in Japan's 47 prefectures are set to average ¥1,121, up by a record ¥66 from the previous year.
BUSINESS / Economy
Sep 5, 2025
Japan to hike minimum wage by record amount, backing BOJ’s rate hikes
A record 6.3% increase takes the minimum wage to an average of ¥1,121 per hour across the country's 47 prefectures, the largest increase since 1978.
Japan's nominal wages increased 4.1% in July from a year earlier, marking the steepest increase since December.
BUSINESS / Economy
Sep 5, 2025
Japan's wages make biggest gain in seven months, backing case for rate hike
Real wages also rose for the first time this year in July, edging up by 0.5%.
The Finance Ministry plans to set the provisional interest rate on government bonds at 2.6% for the next fiscal year, the highest level in 17 years, according to the Yomiuri Shimbun.
BUSINESS / Economy
Aug 22, 2025
Japan eyes 2.6% provisional rate for government bonds in FY2026, Yomiuri says
The rate for interest payments on such bonds will be the highest in 17 years.
Exports fell 2.6% in value in July from a year earlier, posting the biggest downturn since February 2021, led by cars, auto parts and steel.
BUSINESS / Economy
Aug 20, 2025
Japan’s exports tumble most in four years as U.S. tariff pain intensifies
Exports fell 2.6% in value from a year earlier, sliding more than the median forecast of a 2.1% decline, the Finance Ministry has reported.
GDP grew at an annualized pace of 1% in the three months through June from the prior period, surpassing economists’ forecast of a 0.4% gain, according to the Cabinet Office.
BUSINESS / Economy
Aug 15, 2025
Japan growth beats forecasts, boosting rate-hike case for BOJ
Better-than-expected economic growth has given Prime Minister Shigeru Ishiba some good news as he fends off calls to resign after July's election setback.
The government revised its real growth projection for fiscal year 2025 to 0.7%, down from the previous forecast of 1.2%.
BUSINESS / Economy
Aug 8, 2025
Japan lowers this year’s growth forecast as tariffs kick in
The downgrade partly reflects a darkening global economic outlook as a result of U.S. President Donald Trump’s tariff policies.
The National Personnel Authority recommended Thursday a 3.62% increase in average monthly base pay for public employees in the current fiscal year.
BUSINESS
Aug 7, 2025
Japan’s public workers set to get largest pay hike in 34 years
The rise in wages will come as a welcome development for policymakers at the Bank of Japan, who are seeking broad-based and lasting growth to support stable inflation.
Nominal wages in Japan rose 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 6, 2025
Japan’s nominal pay rises faster in June, backing case for BOJ rate hike
Nominal wages increased 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month and marking the steepest increase since February.
Finance Minister Katsunobu Kato
BUSINESS / Economy
Aug 1, 2025
Japan’s Kato voices concern with yen at weakest since March
Kato’s comments came after the yen slid past the 150 level against the dollar on Thursday, following the BOJ’s decision to leave interest rates unchanged.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes