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July 05, 2025
 

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INFLATION

Prime Minister Shigeru Ishiba at the Prime Minister's Office in Tokyo on April 17
JAPAN / Politics
Apr 23, 2025
Opposition slams Ishiba's gas price cut while calling to scrap provisional tax
Ishiba's decision would lower gas prices by ¥10 per liter starting May 22, but nixing the provisional gas tax would lower prices by ¥25.
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
BUSINESS / Economy
Apr 23, 2025
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
The government hopes an import quota will give them more cards to play in tariff negotiations with the U.S.
Prime Minister Shigeru Ishiba speaks in parliament on Monday
JAPAN
Apr 23, 2025
Ishiba to launch program to cut gasoline prices by ¥10 a liter
The move comes in response to U.S. President Donald Trump's tariff measures and the rising cost of living.
Orbis Investment Management bought shares of Mitsubishi Estate over the past months on the view that inflation will lift revenue as the domestic real estate sector remains attractive.
BUSINESS / Companies
Apr 22, 2025
Top Japan fund adds Mitsubishi Estate shares on cheap valuations
The return of inflation in Japan has lured overseas investors to the nation’s real estate market and property developer shares.
In the 12 months to March 31, the average price of new condominiums in Tokyo's 23 wards rose 11.2% year on year to ¥116.32 million ($824,500), hitting a record high for the fourth consecutive year.
BUSINESS / Economy
Apr 22, 2025
Central Tokyo condo price tops ¥100 million for second straight year
Prices averaged ¥116.32 million ($824,500) in fiscal 2024, up 11.2% from the previous year.
Bags of rice at a warehouse in Pyeongtaek, South Korea. Japan imported South Korean rice for the first time since 1999 this month amid soaring domestic prices for the staple grain.
BUSINESS / Economy
Apr 21, 2025
Japan buys first South Korean rice in over two decades as prices surge
The Japan office of South Korea’s National Agricultural Cooperative Federation said it brought in and sold 2 tons of Korean rice this month.
A historic surge in rice prices in Japan is prompting retailers to turn to cheaper ingredients like barley and noodles in bento meal boxes to keep costs down and hold on to customers.
JAPAN
Apr 20, 2025
Japanese retailers trying to overcome soaring rice prices
Some retailers are expanding the sale of lower-priced foreign rice.
The average price for 60 kilograms of unmilled rice in March stood at ¥25,876, down 2% from the previous month.
BUSINESS
Apr 18, 2025
Wholesaler rice prices in Japan see first drop in eight months
The average price for 60 kilograms of unmilled rice stood at ¥25,876, down 2% from the previous month but still up 68% from 2023 rice a year before.
Consumer prices excluding fresh food rose 3.2% from a year ago in March, accelerating from a 3% increase in the previous month, according to the internal affairs ministry.
BUSINESS / Economy
Apr 18, 2025
Japan’s inflation quickens as rice prices gain the most in over 50 years
The price of the nation’s staple grain rose 92.1% in March from a year earlier, the fastest pace in data going back to 1971.
Arata Hirano, owner of the restaurant Shokudou Arata, pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo.
JAPAN
Apr 17, 2025
More Japanese embracing foreign rice, even before it became a tariff topic
A change in mindset could allow Tokyo leeway to relax restrictions if rice becomes a thorny topic in tariff talks with U.S. President Donald Trump.
Government-stockpiled rice stacked in a warehouse in Feb. 18 in Saitama Prefecture
JAPAN
Apr 16, 2025
Japan to hold third auction of stockpiled rice next week
In total, 100,000 tons of reserved 2023 rice will be auctioned.
Recently, private companies have sharply increased rice imports while paying high tariffs, against the backdrop of shortages of rice as a staple food.
JAPAN
Apr 15, 2025
Finance Ministry calls for increasing tariff-free rice imports
Recently, private companies have sharply increased rice imports while paying high tariffs, against the backdrop of shortages of rice as a staple food.
Farm minister Taku Eto (second from right) meets with rice wholesalers and retailers on Monday.
JAPAN
Apr 15, 2025
Rice wholesalers and retailers call for better stockpile distribution
The average price of rice sold at supermarkets across the country in the week through April 6 rose for the 14th straight week.
Farm minister Taku Eto (second from right) meets with rice wholesalers and retailers on Monday.
JAPAN
Apr 15, 2025
Rice wholesalers and retailers call for better stockpile distribution
The average price of rice sold at supermarkets across the country in the week through April 6 rose for the 14th straight week.
In Europe, the PS5 digital edition will now cost €499.99 ($570.04), PlayStation said, while in Britain its price will be £429.99 ($566.53).
BUSINESS
Apr 14, 2025
Sony announces PS5 price hikes in some regions
The price of the PS5 digital edition, which has no disk drive, will rise by more than 10% in Europe, Britain and Australia.
The Liberal Democratic Party and Komeito are increasingly divided over economic measures to deal with inflation and U.S. tariffs.
JAPAN / Politics
Apr 12, 2025
Ruling coalition divided over consumption tax cut
While some are leaning toward a tax cut, LDP Secretary-General Hiroshi Moriyama and others are seeking a cash handout instead.
Commuters walk past a fruit store at a shopping arcade in Kyoto earlier this year.
BUSINESS / Economy
Apr 12, 2025
Survey forecasts 12% rise in inflation in Japan over coming year
Of those surveyed, 86.7% said that prices are likely to be higher in a year's time, up from 85.7%.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Apr 11, 2025
Price expectations rise in Japan as tariffs cloud BOJ rate path
Households expect average annual inflation of 9.6% over the next five years, the highest since June 2006.
Producer prices of farm goods surged 19.7% in fiscal 2024 from the previous year, reflecting higher prices of rice sold to wholesalers.
BUSINESS
Apr 10, 2025
Japan producer prices rise 3.3% in fiscal 2024
According to a preliminary report by the Bank of Japan, the producer price index in the year through March hit a record high for the third straight year.
Stockpiled rice at a rice-polishing factory in Saitama Prefecture in March
JAPAN
Apr 9, 2025
Japan to release stockpiled rice monthly amid record high prices
The move comes after two previous releases appeared to have had little effect in stabilizing prices.
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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