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April 29, 2024
 

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CONSUMER SPENDING

Japan Times
BUSINESS / Companies
Jul 20, 2020
June convenience store sales fall 5.2% due to virus impact
The number of shoppers fell 11.6 percent from a year earlier to 1.25 billion, while average spending per person rose 7.3 percent to u00a5669.6.
Japan Times
BUSINESS / Economy / FOCUS
Jul 17, 2020
Chinese prefer to save money amid coronavirus crisis
Retail sales of consumer goods plunged 11.4 percent, and the total value of imports dropped 3.3 percent in the first half of this year.
Japan Times
BUSINESS / Companies
Jul 10, 2020
Muji U.S.A. files for bankruptcy, citing pandemic shutdowns
Muji's U.S. unit joins more than 110 companies that have declared bankruptcy in the U.S. this year and blamed the coronavirus crisis in part for their demise.
Japan Times
BUSINESS / Economy
Jun 29, 2020
May retail sales fell sharply in Japan as emergency declaration stunted demand
Some analysts fear uncertainty about the economy and last year's tax hike could make consumers save more and spend less.
Japan Times
BUSINESS
Jun 13, 2020
Japan FTC warns of possible illegal points programs
The Fair Trade Commission has said some actions taken by loyalty point program operators may constitute antitrust law violations.
Japan Times
BUSINESS / Economy
Jun 5, 2020
Japan's household spending falls at record pace as coronavirus stalls economy
Many analysts expect consumption to have bottomed out in April or May, as businesses re-open after last month's lifting of nationwide lockdowns.
Japan Times
BUSINESS / Companies
Jun 3, 2020
Despite pandemic, Uniqlo to open new store in Tokyo's Harajuku
The opening of the shop follows a 56.5 percent plunge in Fast Retailing's domestic same-store sales in April, its worst year-on-year decline.
Japan Times
BUSINESS
Jun 3, 2020
Japan banks and cashless payment firms to explore future 'digital yen'
Three Japanese megabanks and cashless payment providers plan to set up a consortium this month in a bid to streamline and interoperate their services, a project that could evolve into the introduction of the "digital yen" envisaged by the Bank of Japan, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Economy
May 29, 2020
Consumer confidence up for first time in five months in Japan
The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.
Japan Times
BUSINESS / Economy
May 22, 2020
Japan's core consumer prices show first fall in 40 months
Officials said it was too early to say whether the latest decline, the first since December 2016, was a sign of deflation.
Japan Times
BUSINESS / Economy
Apr 7, 2020
Rush to buy masks and toilet paper slows Japan's decline in household spending
Consumer spending fell in February but at a slower than expected pace as households scrambled to buy protective masks, toilet paper and food staples amid the worsening COVID-19 pandemic.
Japan Times
BUSINESS / Economy
Mar 6, 2020
Japanese household spending wilts 3.9% after warm January
Household spending fell 3.9 percent in January from the previous year as warm weather dented sales of winter equipment and goods, government data showed Friday.
Japan Times
BUSINESS / Economy
Feb 7, 2020
Japan household spending fell 4.8% in warm December, weighed down by tax hike
Household spending fell for the third straight month in December on the continued impact of October's consumption tax hike together with sluggish demand for winter items due to warm temperatures, government data showed Friday.
Japan Times
BUSINESS / Economy
Feb 1, 2020
Japanese firms preparing for prolonged economic hit from coronavirus outbreak
Japanese companies that do business in China are starting to consider measures to cope with the possibility of a prolonged coronavirus outbreak.
Japan Times
BUSINESS / Economy
Jan 10, 2020
Japan household spending falls again in November
Household spending fell for a second straight month in November and by more than forecast, according to data released Friday by the Ministry of Internal Affairs and Communications, suggesting that a higher sales tax may weigh on private consumption for some time.
Japan Times
BUSINESS / Economy
Dec 20, 2019
Japan's inflation up 0.5% in November, as tax boosts cost of dining out
Core consumer prices rose 0.5 percent in November from a year earlier, affected by the consumption tax hike that increased the cost of dining out, but the pace of inflation remained far below the Bank of Japan's 2 percent target, government data showed Friday.
Japan Times
BUSINESS / Economy
Dec 9, 2019
Japan's economy grew much faster in third quarter than first estimated
The expansion was propelled by capital investment and individual consumption ahead of the Oct. 1 consumption tax hike.
Japan Times
BUSINESS
Nov 21, 2019
Japan to allow tax-free shopping at vending machines that recognize faces and passports
The government and ruling coalition are planning to allow tax-free shopping for purchases at specific vending machines in a bid to spur spending by foreign tourists, sources said Wednesday.
Japan Times
BUSINESS / Economy
Nov 8, 2019
Household spending rose at a record year-on-year pace before Japan's October tax hike
Japan's household spending increased at the fastest pace on record in September, boosted by last-minute buying ahead of a consumption tax hike starting Oct. 1, government data showed Friday.
Japan Times
BUSINESS / Economy
Oct 30, 2019
Japan retail sales grew at fastest pace since 2014 ahead of tax hike, but outlook murky
Japanese retail sales grew at the strongest pace in 5½ years in September as consumers rushed to buy big-ticket items to beat a rise in the country's sales tax, raising concerns spending could pull back sharply in the coming months.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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