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July 05, 2025
 

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CONSUMPTION TAX

Japan Times
BUSINESS / Economy / The Argument: Consumption tax
Sep 25, 2019
The consumption tax rate needs to be hiked to 15% by 2025 to sustain social welfare
The Argument is a new feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints.
Japan Times
BUSINESS
Sep 24, 2019
Presence of Japan's ¥1 coins likely to fade further with tax hike
Small and silver in color, the ¥1 coin may not have much of a presence after the consumption tax rises from 8 percent to 10 percent on Oct. 1.
Japan Times
JAPAN / Politics
Sep 22, 2019
Abe rival Taro Yamamoto says Japan's sales tax hike is 'crazy' and should be abolished
Just as Japan braces itself for a hike in the sales tax to 10 percent on Oct. 1, one of Prime Minister Shinzo Abe's would-be rivals is calling for it to be abolished altogether.
Japan Times
JAPAN / Media / MEDIA MIX
Sep 21, 2019
Confusion reigns over scope of the forthcoming tax hike
When the government raised the consumption tax from 5 percent to 8 percent in April 2014, Japan suffered a recession. One possible indicator if such a downturn will happen prior to next month's long-delayed hike to 10 percent is how much people are spending now in anticipation of the increase. On Sept....
BUSINESS / Economy
Sep 13, 2019
Economist expects limited impact from Japan's October tax hike
The impact of the Oct. 1 consumption tax hike from the current 8 percent to 10 percent will be limited as mitigating measures are already in place, according to the chief economist at the Daiwa Institute of Research.
BUSINESS
Sep 4, 2019
Sukiya to keep price of regular beef-on-rice bowls the same after tax hike, eat-in or takeout
Zensho Holdings Co. said Tuesday it will not change the tax-included price of its mainstay regular gyūdon beef-on-rice bowls at its Sukiya restaurants after a consumption tax hike.
BUSINESS
Sep 2, 2019
Japan braces for tax hike chaos under two-tier system as register shortage looms
As the hike in the consumption tax approaches, consumers and businesses are worried about the confusion that might erupt from differing rates for similar goods.
Japan Times
BUSINESS
Sep 1, 2019
Can a tax rebate persuade Japan's mom-and-pop stores to shift to cashless payments?
Despite the government pushing the opportunity to accelerate Japan's shift away from cash, many small-business owners are hesitant to change over to cashless payments.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
EDITORIALS
Aug 14, 2019
No cause for optimism over economy's course
Decelerating global growth is testing Japan's efforts toward sustained growth driven by domestic demand.
BUSINESS
Aug 1, 2019
Tax on takeout food and nonalcoholic drinks in Japan to remain at 8 percent
Food eaten while walking or on public benches at amusement parks will be subject to a lower tax rate than food eaten in stores after the planned consumption tax hike in October, according to guidelines revised by the National Tax Agency on Thursday.
JAPAN / Politics
Jul 31, 2019
Actor-turned-politician Taro Yamamoto aims for real-life starring role as future Japan PM
Actor-turned-politician Taro Yamamoto is angling for a new real-life role in which he leads his novice party and allies to victory, ousts long-ruling conservatives and takes over as prime minister within the next few years.
Japan Times
JAPAN / Politics
Jul 22, 2019
Abe vows to push forward constitutional change despite failure of pro-revision forces to win Upper House supermajority
In a post-election news conference, Abe said his longtime goal isn't out of reach and he will to try to compromise with those working against him.
Japan Times
JAPAN / Politics / ANALYSIS
Jul 21, 2019
After Upper House election, ruling bloc bets political cost of tax hike will be limited
The hike is expected to generate an additional u00a55.7 trillion in annual revenue, of which u00a52.8 trillion will be used to defray the national debt.
BUSINESS / Economy
Jul 17, 2019
Japan's looming sales tax hike prompts less rush demand so far, suggesting painful economic impact can be avoided
The nation's economy is less likely to suffer a painful whiplash from a sales tax increase scheduled for October, early sales figures for autos and apartments suggest.
JAPAN / Politics
Jul 3, 2019
Abe squares off with opposition leaders ahead of Upper House election
Prime Minister Shinzo Abe said during a debate with opposition leaders on Wednesday that he will go ahead with the planned sales tax hike in October but vehemently denied there will be further increases while he remains in power.
BUSINESS / Economy / ANALYSIS
Jul 1, 2019
Abe sticks with plan to raise Japan's consumption tax despite weak tankan results
Analysts say all signs point to the October increase going ahead as planned.
BUSINESS / Economy
Jun 12, 2019
Surprise gain in Japan's machinery orders masks cooling investment outlook
Machinery orders unexpectedly rose for a third straight month in April, signalling solid business investment, although analysts expect an intensifying Sino-U.S. trade war and global slowdown to hurt capital spending plans in the coming quarters.
Japan Times
BUSINESS / Economy
Jun 4, 2019
Japan's policy guidelines call for more stimulus next year amid concerns over global protectionism
Japan should deploy expansive fiscal stimulus "without hesitation" next year if overseas economies pose downside risks to growth, a draft of the government's annual economic policy road map showed on Tuesday.
BUSINESS / Economy
May 30, 2019
Japan business lobby JCCI urges sales tax hike to proceed as planned
The head of a Japanese business lobby said a planned sales tax hike should proceed in October to sustain the social security system for a rapidly graying population, despite calls from elsewhere to postpone it given growing economic challenges.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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