The move involves the Promotion and Mutual Aid Corporation for Private Schools of Japan, or PMAC, which provides pension services to private school workers.
For Emi Urabe's latest contributions to The Japan Times, see below:
A privatization of the subway, which carries an average of 7.56 million riders per day, has been keenly awaited for years, especially among retail investors.
Economist Heizo Takenaka has joined ruling party members calling for more spending as Japan muddles through a fourth virus emergency and voters prepare to head to the polls by fall.
Eiji Hirano says the Government Pension Investment Fund needs to "think about how to analyze if ESG is really profitable, as well as how to evaluate and standardize ESG."
Rintaro Tamaki, a former top bureaucrat at the ministry, says it should raise Japan’s already high gasoline tax and hike tariffs on imported fossil fuels.
Ex-Finance Minister Jun Azumi highlighted that recent polls showed 70% of the public are against holding the Tokyo Games.
Constrained by stricter legal restraints, the world's top pension fund has largely been quiet on impact investing since appointing a new chief investment officer in April 2020.
Some ruling party lawmakers are calling for more stimulus along the lines of the massive aid package adopted this month in the United States.
Experts say that suppressing activity for a little longer won’t add too much extra damage to an economy that is already showing some signs of recovery even under existing restrictions.
Many economists expect the dollar-for-dollar impacts of stimulus measures to typically decrease as time passes from a crisis or recession.