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BUSINESS
Jun 28, 2012

Households face staggering rises in social welfare costs

The average household headed by a corporate worker will face a much heavier financial burden in 2015 if the consumption tax and other social security costs are raised, according to analysts.
EDITORIALS
Jun 28, 2012

Collusion on consumption tax hike

The Democratic Party of Japan together with the Liberal Democratic Party and Komeito on Tuesday passed through the Lower House bills for the so-called unified reform of the tax and social security systems. In the voting for a bill to raise the consumption tax — a pet idea of Prime Minister Yoshihiko...
BUSINESS
Jun 28, 2012

Fuji Heavy may top midterm U.S. sales target on Forester popularity

Fuji Heavy Industries Ltd. says it may exceed its midterm target for U.S. sales of its Suburu cars on stronger than expected demand and the introduction of a new Forester sport utility vehicle.
Japan Times
BUSINESS
Jun 28, 2012

Tax hike risks stunting growth in '14

Prime Minister Yoshihiko Noda risks stalling the economy by pushing through his consumption tax increase, which may dampen spending even as it aids efforts to tame the world's largest debt burden.
Japan Times
BUSINESS
Jun 27, 2012

Sony, Panasonic to collaborate on OLED TVs

Sony Corp. and Panasonic Corp. have agreed to jointly develop televisions using OLED displays as they try to rebound from a combined ¥1.2 trillion in losses last year.
EDITORIALS
Jun 25, 2012

Tasks for the extended Diet session

Because of a deal between the ruling Democratic Party of Japan and the opposition Liberal Democratic Party and Komeito, bills incorporating Prime Minister Yoshihiko Noda's plan to raise the consumption tax are likely to be passed by the end of the current Diet session, which has been extended by 79 days...
BUSINESS
Jun 23, 2012

Sony, Panasonic prepared to reveal OLED TV tieup

Sony Corp. and Panasonic Corp., Japan's biggest makers of TVs, may announce an agreement next week to cooperate in making sets that use new organic light-emitting diode displays, company officials said.
JAPAN
Jun 22, 2012

Ozawa, allies to vote against tax hike bill

Prime Minister Yoshihiko Noda and his ruling Democratic Party of Japan said Thursday they have abandoned attempts to pass the tax hike bill Friday, but an internal rift looms as Ichiro Ozawa officially declared his intention to vote against the legislation.
JAPAN
Jun 21, 2012

Noda officially gives in on tax, welfare reform

Prime Minister Yoshihiko Noda and Democratic Party of Japan executives officially endorsed changes to the government's social security and tax reform bills Wednesday, while signalling the Diet session will be extended, possibly to early September.
EDITORIALS
Jun 17, 2012

Consensus on risky tax raise

The ruling Democratic Party of Japan and the two main opposition parties, the Liberal Democratic Party and Komeito, on Friday reached a basic agreement on raising the consumption tax. Although the tax raise is coupled with reform of the social security system, the agreement has failed to present a clear...
BUSINESS
Jun 16, 2012

Tax hike's economic impact divides experts

Economists and experts remain split over whether raising the consumption tax would help restore the country's battered public finances or choke future economic growth.
BUSINESS
Jun 9, 2012

DPJ, LDP discuss tax hike, social security

The ruling Democratic Party of Japan on Friday began talks with the largest opposition party over its plans to double the 5 percent consumption tax and envisioned social security reforms.
BUSINESS
Jun 9, 2012

Olympus to cut 2,700 workers, restructure

Olympus Corp. said Friday it will cut 2,700 jobs and restructure plants as it seeks to recover after writing down assets following an accounting-fraud scandal involving more than ¥100 billion.
BUSINESS
Jun 7, 2012

MHI targets U.S. to double rocket unit sales

Mitsubishi Heavy Industries Ltd. said it will boost sales of rocket parts sales to companies in the United States, aiming to more than double revenue at its space unit.
COMMENTARY
Jun 5, 2012

Fighting peace for Taiwan

Four months after the presidential elections in Taiwan, there is a big difference when comparing the aftereffects of the elections in 2008 to those in 2012.
JAPAN
Jun 4, 2012

Noda to tweak Cabinet to win tax hike votes

Prime Minister Yoshihiko Noda said Sunday he will reshuffle his Cabinet in a bid to win opposition support for his administration's unpopular tax hike bill.
EDITORIALS
Jun 2, 2012

Things that Mr. Noda should heed

Prime Minister Yoshihiko Noda and former Democratic Party of Japan chief Ichiro Ozawa met on Wednesday to discuss Mr. Noda's plan to raise the consumption tax from the current 5 percent to 8 percent from April 2014, and to 10 percent from October 2015.
BUSINESS
Jun 2, 2012

Yuan-yen trade starts as China seeks to globalize currency

China started direct trading of the yen and the yuan Friday in Tokyo and Shanghai, another step in its efforts to expand the global use of its currency and reduce reliance on the dollar.
COMMENTARY
Jun 1, 2012

Russia needs true family policy

The unprecedented upswing of public interest in Russia's presidential elections opened a window of opportunities — quite unexpected but welcome — to see and discuss many socioeconomic problems in a more realistic manner.
JAPAN
May 31, 2012

Noda fails to win over Ozawa on tax hike

Prime Minister Yoshihiko Noda, head of the ruling Democratic Party of Japan, failed Wednesday during a meeting lasting 90 minutes to persuade former DPJ leader Ichiro Ozawa to back the administration's tax hike proposal.
Why did such a powerful earthquake produce such a weak tsunami?
A person records images of waves following a tsunami advisory generated by local authorities after an earthquake struck off Russia's Kamchatka Peninsula, prompting warnings and evacuations stretching across at the South Pacific, in Vina del Mar, Chile, on Wednesday.
Last soldiers of Imperial Japanese Army have a warning for younger generations
Kunshiro Kiyozumi, 97, who was the youngest crew member of the Imperial Japanese Navy submarine I-58 in World War II, on his way to a restaurant to have lunch in Matsuyama, Japan, on April 29.
Japanese students struggle with description-type tests
The average correct answer rate for description-type questions in the Japanese-language section of the fiscal 2025 national achievement test for third-year junior high school students was as low as 25.6%, according to the education ministry.
Severe Tropical Storm Krosa approaches eastern Japan
Severe Tropical Storm Krosa is expected to pass east of the Boso Peninsula in Chiba Prefecture on Saturday morning.
Japan's jobs-to-applicant ratio falls to 1.22 in June
Japan's seasonally adjusted effective job-to-applicant ratio dipped to 1.22 in June, down 0.02 point from the previous month, according to the labor ministry.
Junglia brought dinos back to Okinawa. But will it bring tourists?
At Panorama Dining, one of Junglia’s two proper restaurants that also doubles as the rooftop Inifinity Terrace overlook, guests can pay extra to sit in balcony tables made to look like birds’ nests overlooking the park grounds.
From Osaka to the NHL: Jordan Spence hopes to inspire young Japanese hockey players
Ottawa Senators defenseman Jordan Spence helps lead the Dreamskate Japan hockey camp in Tomakomai, Hokkaido, on July 5.
Coordination office marks first step in U.S. Forces Japan’s shift to ‘warfighting’ command
U.S., Japanese and Australian staff work in the JJOC Cooperation Team office at the U.S. Army’s Hardy Barracks in central Tokyo in this image posted to the Australian Embassy's X account on July 25.
GTN takes a chance on newcomers to Japan
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
Artist Chiharu Shiota weaves a hidden marvel on Teshima
“Memory of Lines” is Chiharu Shiota’s second art installation on Teshima as part of the Setouchi Triennale.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear
By Jason Coskrey

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