Business / Economy Dec 2, 2013

Capital spending up second quarter as low yen ups profits

Capital spending by Japanese firms rose for the second straight quarter in the July-September period, as the weaker yen helped bolster corporate profits, prodding companies to beef up investment, the government said Monday. Business investment by all nonfinancial sectors for purposes such as building plants ...

Business Nov 20, 2013

Japan Finance Ministry to call for end of farm protection

A Finance Ministry panel will propose that the government end protective measures for farmers in a bid to bolster the competitiveness of Japan's agricultural sector ahead of the Trans-Pacific Partnership, ministry sources said. In a proposal to be finalized by the end of this month, ...

Editorials Nov 16, 2013

Wrongheaded cuts in salaries

The Finance Ministry's recent proposal to cut annual salaries and numbers of teachers at public elementary and junior high schools is mistaken and misguided.

Business Oct 13, 2013

Japan to outsource management of some forex reserves

Japan plans to let private-sector financial institutions manage part of its $1.27 trillion in foreign exchange reserves, a finance ministry official said Sunday. The government will introduce a bill to a Diet session beginning this week that would lift a ban on outsourcing the management ...

National Apr 28, 2013

App planned to help ID bank notes for blind

The Finance Ministry and the Bank of Japan plan to offer a free smartphone application that will allow the visually impaired to identify the value of bank notes through sound from November. The National Printing Bureau will initially develop the app for Apple Inc.'s iPhone, ...

National May 3, 2012

Ministry airs protest notes to Asahi

The Finance Ministry has made public protest letters it sent to The Asahi Shimbun newspaper over the daily's April 5 report that looked into relations between key figures of the ruling Democratic Party of Japan and senior ministry bureaucrats, saying the article has "many ...

Reference | FYI May 6, 2008

Finance Ministry losing its luster

by Shinichi Terada

The Finance Ministry has long been known as the most powerful and elitist of Japan's bureaucracy. When Prime Minister Yasuo Fukuda repeatedly tried in March to appoint a former vice finance minister as the new Bank of Japan governor — only to be rejected ...