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May 04, 2024
 

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HIKE

Japan Times
BUSINESS
Dec 20, 2013
Japan Inc. builds mountain of cash
Japanese companies' cash holdings rose to a record last quarter, highlighting Prime Minister Shinzo Abe's struggle to spur the investment and wage increases needed to end a 15-year deflationary malaise.
BUSINESS
Dec 17, 2013
Japan business lobby to accept basic pay hike in spring wage talks
Keidanren is likely to allow employers to raise basic pay at next year's spring annual labor-management wage talks, sources said.
Japan Times
BUSINESS
Oct 8, 2013
With 8% hurdle cleared, Aso eyes 10% sales tax
Just a week after Prime Minister Shinzo Abe announced his intention to raise the 5 percent consumption tax to 8 percent next April, Finance Minister Taro Aso said he was upbeat about raising the levy further to 10 percent.
Japan Times
BUSINESS / Economy
Sep 30, 2013
Abe betting this tax hike will be different
It's different this time. The four most dangerous words in markets, according to former U.S. Treasury Secretary Larry Summers.
BUSINESS / Economy
Sep 30, 2013
Economy likely to suffer triple hit from simultaneous price, tax hikes
The economy is likely to take a hit from planned hikes in commodity and services prices, as well as pension system-related taxes from Tuesday as a threat from the rise in the consumption tax looms, economists say.
JAPAN
Sep 21, 2013
Corporate tax cut agreement eludes
Prime Minister Shinzo Abe's top economic chiefs have failed to agree on a contentious corporate tax cut amid lingering skepticism that the move will bolster the deflation-mired economy and amid pressure on business leaders to raise wages.
BUSINESS / Economy
Sep 13, 2013
Big business may get tax cut with stimulus
The administration is considering a reduction in corporate income taxes as part of a stimulus package to cushion the economy from the first of two planned increases in the consumption tax, according to three sources briefed on the matter.
BUSINESS
Sep 10, 2013
Abe orders stimulus to avert tax hike hit
Prime Minister Shinzo Abe has instructed his ministers to draw up a stimulus package in case the planned consumption tax hike in April harms the economy, Finance Minister Taro Aso said Tuesday.
BUSINESS / Economy
Aug 25, 2013
Tax hike debate expected to heat up
Debate on how the planned sales tax hike will affect the economy is expected to heat up when a government panel begins gathering expert opinions Monday.
BUSINESS / Economy
Jul 19, 2013
April-June GDP forecast faces upgrade to 3%
Economists are projecting that the economy grew at an annualized rate of around 3 percent in the three months to June, surpassing the government's growth target for raising the consumption tax next April.
BUSINESS / Companies
Jul 17, 2013
Kewpie to raise jam product prices for first time in 23 years
Kewpie Corp. said Wednesday it will raise prices on major jam products by 4 to 7 percent, starting with shipments on Sept. 2, due to higher costs of imported fruits amid the yen's depreciation against other currencies.
Japan Times
BUSINESS / Companies
Jun 1, 2013
Apple raises product prices amid weakening yen
Apple Inc. has raised the prices of its iPad tablet computers and iPod music players here after a weaker yen boosted import costs.
BUSINESS / Companies
May 14, 2013
With yen at four-year low, Fujitsu to up PC prices
Fujitsu Ltd. plans to raise domestic prices for personal computers because the yen's drop to a four-year low is boosting the cost of importing components.
Japan Times
BUSINESS / Companies
Apr 19, 2013
McDonald's to hike prices for first time since 2008
McDonald's Japan warns that some burger prices will rise by as much as 25 percent next month to boost its sagging profitability.
Japan Times
BUSINESS / Companies
Feb 15, 2013
Tohoku Electric to seek 11.4% household power rate hike
Tohoku Electric Power Co. sought government approval Thursday to raise household electricity rates by an average of 11.41 percent from July 1 to offset its worsening business due to the shutdown of its atomic reactors due to the March 2011 megaquake, tsunami and nuclear disasters.
BUSINESS / Companies
Feb 10, 2013
Tohoku Electric eyes 11% household electricity rate hike
Tohoku Electric Power Co. plans to hike household electricity rates by around 11 percent on average from July, the first increase in 33 years, as its financial position has worsened amid ballooning fuel costs from thermal power generation, sources said.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
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.

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