Japan's tax laws get in way of more women working full time
One of the key elements of the Abe administration's efforts to stimulate the economy is getting more women into the workforce. As it stands, Japan has one of the highest rates of working women in the developed world, so the problem is not so ...
Examining the high price of Japan's water systems
When we were negotiating for the purchase of a piece of land, the realtor told us that the lot we were interested in had no access to public waterworks, which meant we would have to dig a well. At first, this aspect seemed like ...
In 2019, how hungry is Japan for whale meat?
Japan is currently the object of criticism for its decision to leave the International Whaling Commission, and resume commercial whaling in territorial waters and its own exclusive economic zone. People who support the move cite either cultural reasons — Japan traditionally, they assert, is ...
Abuse is the norm for Japan's hometown tax donation system
On Sept. 11, then-Internal Affairs and Communications Minister Seiko Noda gave a news conference at which she stated the government's intention to revise laws for local taxes. The ministry, which regulates taxation at the prefectural and municipal levels, is trying to rein in the furusato ...
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might ...
Japan seems to suffer more than its fair share of natural disasters, and this past summer was especially bad. In addition to two earthquakes that resulted in considerable damage, there were strong storms that killed dozens and forced thousands to flee their homes. Some people ...
Bad news around mutual funds does little to boost Japanese people's appetite for investment
On July 27, the Asahi Shimbun reported that the Bank of Japan had overestimated the value of mutual funds being held by individuals by about 30 percent. Every three months the BOJ publishes statistics called shikin junkan tōkei that cover the financial assets of ...
Pricey family graves a fading tradition in aging Japan
Last month, a man was arrested by the Tokyo Metropolitan Police for leaving human remains at a garbage collection station near his residence in Adachi Ward. The remains had been cremated and were mixed in with shards of funerary urns, and according to a ...
Poverty in Japan: Underclass struggles to achieve upward mobility
Last month, Liberal Democratic Party Secretary-General Toshihiro Nikai said during an LDP gathering in Tokyo that people who opt not to have children are "selfish" given the country's demographic crisis. That remark received a lot of attention. However, much less was said about another comment ...
Days are numbered for ATMs in Japan's banking system
On May 2, Shinsei Bank announced that starting from October it will impose fees for automatic teller machine (ATM) transactions. Shinsei's main sales point has always been its lack of ATM fees, but the bank will start charging ¥108 per ATM withdrawal unless the ...
Secondhand retail redefined in Japan as online flea markets rise in value
In June, the popular online flea market, Mercari Inc., is expected to be listed on the Tokyo Stock Exchange's Mothers section, which is reserved for high-growth startup companies. According to an article in the April 18 Asahi Shimbun the value of the company's stock ...
Tepco's compensation for 3/11 victims has made matters worse for many
As of the end of March, Tokyo Electric Power Company Holdings Inc. had paid more than ¥8 trillion in compensation (baishōkin) related to the Fukushima No. 1 reactor meltdowns of March 2011. About half of this money has gone to people living near the ...
