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May 17, 2024
 

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CONSUMPTION

BUSINESS / Economy
Jul 24, 2017
IMF sees Japan's 2017 growth higher at 1.3%, upgrades forecasts for China, ASEAN
The International Monetary Fund's latest forecast leaves world economic growth unchanged at 3.5 percent this year and 3.6 percent next year, with upgrades for Japan, China and emerging Asian markets offsetting a downward projection for the United States.
Japan Times
BUSINESS
Jun 23, 2017
Fintech firm uses credit card data to fix holes in Japan's consumption figures
Private consumption is 56 percent of Japan's GDP, so understanding where people are spending and what they're buying is essential to have a clear picture of what's going on in the world's third-biggest economy. That's true not just for the government, but also for businesses and people.
Japan Times
BUSINESS
Jun 9, 2017
Japan's latest economic road map focuses on investment in human resources, retains fiscal goal
The government endorsed a plan Friday to prioritize investment in human resource development to buttress Japan's economic growth and improve its tattered finances.
BUSINESS / Economy
Mar 31, 2017
Japan's unemployment rate falls to 22-year low of 2.8% in February
Joblessness in Japan falls to 2.8 percent, the lowest in more than 22 years, as consumers remain reluctant to spend their hard-earned yen.
BUSINESS / Economy
Mar 14, 2017
Nobel economist's ideas seen giving justification to delay Japan's consumption tax hike
Prime Minister Shinzo Abe's administration has a habit of co-opting Nobel Prize-winning economists when it lays the groundwork for contentious policy decisions.
Japan Times
BUSINESS / Economy
Mar 8, 2017
Fourth-quarter GDP revised up as capital expenditure rises steadily
Japan's economy grew more than previously estimated in the fourth quarter as capital expenditure rose at its fastest rate in almost three years — welcome news for policymakers as they begin to discuss how to wind down years of massive stimulus.
BUSINESS / Economy
Mar 7, 2017
OECD keeps 2017 global growth outlook, lifts expectations for advanced economies
The Organization for Economic Cooperation and Development reiterated Tuesday its projection of 2017 global economic growth of 3.3 percent, with consumption, investment and trade lacking strength.
Japan Times
JAPAN / Media / MEDIA MIX
Feb 25, 2017
Premium Friday is not about taking a holiday
The anonymous writer of Asahi Shimbun's finance-related Keizai Kishodai column pointed out in the Feb. 18 edition that Japanese people only think of time off on a day-by-day basis, whereas Europeans tend to conceptualize it in week-long blocks, as 'vacations.'
Japan Times
JAPAN
Feb 24, 2017
'Premium Friday' drive kicks off to energize weary workers, feeble economy
The government-backed "Premium Friday" campaign kicked off on Friday with around 130 participating firms across the country encouraging employees to leave work early on the last Friday of each month.
Japan Times
BUSINESS / Economy
Feb 6, 2017
Japan's 0.5% wage increase last year the biggest since 2010
The wallets of Japan's workers ended up a bit fatter last year, with total earnings rising the most since 2010.
Japan Times
BUSINESS / Economy
Jan 4, 2017
Economists see growth on horizon for 2017
Economists say growth is expected on the back of the weak yen and due to government steps to stimulate sluggish consumption.
Japan Times
JAPAN
Jan 2, 2017
Premium Friday campaign seeks to curb Japan's long work hours
The country that coined the word karoshi (death by overwork) wants companies to let workers finish early on the last Friday of every month so that they can go out and have fun.
BUSINESS / Economy
Dec 12, 2016
Japan's consumers proving more resilient than thought, restyled GDP readings show
Decades of economic stagnation have taken a toll on Japan's consumers, who went from being big spenders before the bubble economy imploded in the 1990s to masters of thrift today.
Japan Times
BUSINESS / Companies
Oct 14, 2016
Yanai relents on Fast Retailing sales target amid slowing growth
Fast Retailing Co. Chairman Tadashi Yanai caved in to reality and scrapped his 8-year-old target for the Uniqlo casual-wear owner to hit ¥5 trillion ($48 billion) in annual sales by fiscal year 2020.
BUSINESS / Economy
Sep 26, 2016
Companies, households continue to thwart BOJ by hoarding piles of cash
Households and companies continue to hold onto cash rather than spending or investing it, highlighting the ongoing challenge to revitalize the economy.
COMMENTARY / World
Aug 31, 2016
The making of a Chinese consumer society
China's transformation into a consumer society is good news for the future of the global economy.
JAPAN
Aug 31, 2016
Japan's sales tax distribution to be revised to help rectify regional income disparities
The government plans to revise its basis for distribution of local consumption tax revenues that is currently concentrated in urban areas, to ease disparity and enable regional governments to increase tax income, government sources said.
BUSINESS / Economy
Aug 30, 2016
Household spending, unemployment fall in July
Household spending fell for a fifth straight month and retail sales also dropped, underscoring the weakness in domestic demand. The jobless rate was the lowest since 1995.
Japan Times
BUSINESS / Economy
Aug 25, 2016
As Abenomics loses shine, Japan's shoppers seek bargains
Three years of Abenomics, Prime Minister Shinzo Abe's bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers.
BUSINESS / Economy
Aug 19, 2016
Japan manufacturers' mood at lowest since 2013: poll
Japanese manufacturers' mood soured in August to its lowest since 2013, when the central bank embarked on aggressive monetary easing, a poll has shown, reflecting the pain caused by a rising yen and highlighting the huge task facing policymakers to generate growth.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.

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