May 26, 2017

Japan's 2016 net external assets rose to second-largest on record

Japan's net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by the government, businesses and ...

Mar 14, 2017

Clarify Moritomo land deal

The government should clarify how the land plot in Toyonaka, Osaka Prefecture, had been sold to Moritomo Gakuen at a fraction of its appraisal value and whether there was any political meddling in the deal between the operator and the Finance Ministry.

Mar 13, 2017

Moritomo Gakuen timeline of events

The following is a timeline of how the Moritomo Gakuen land purchase has played out. June 3, 2013 — Finance Ministry's Kinki bureau starts to solicit applications to purchase the state-owned land. Sep. 2, 2013 — Moritomo Gakuen submits an application for the land's purchase. May 29, ...

Nov 17, 2016

High-income elderly in Japan urged to pay more health care costs

A Finance Ministry panel urged the government Thursday to make elderly people with higher incomes pay more for medical treatment as part of efforts to improve fiscal discipline amid Japan's rapidly graying society. "In pursuit of restoring fiscal health, the biggest challenge is the field ...