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July 19, 2025
 

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JAPANESE ECONOMY

The number of "zombie companies" in Japan, which do not make enough to cover their interest payments, was estimated to have grown some 228,000 in fiscal 2023, one of the highest in a decade.
BUSINESS / Economy / FOCUS
Jun 3, 2025
'Zombie company' apocalypse might be the point of Japan's minimum wage push
Government efforts to accelerate the pace of pay increases could lead to poorly performing companies going out of business.
Japanese firms' capital expenditure gained 1.8% in the three months through March from the previous quarter, while inflation is keeping a lid on household spending and U.S. President Donald Trump’s tariff campaign clouds the trade outlook.
BUSINESS / Economy
Jun 2, 2025
Japan’s firms raised capital spending ahead of U.S. tariffs
Business spending holds the key to the country’s economic growth as inflation keeps a lid on household spending.
After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
JAPAN / Society / Longform
Jun 2, 2025
How Japan's youth are slowly changing the country's work ethic
Labor shortages and shifting mindsets are driving younger Japanese workers to challenge the country’s traditional office culture.
Ryosei Akazawa, Japan's chief tariff negotiator, is in Washington again for a fourth round of high-level negotiations with the United States.
BUSINESS / Economy
May 30, 2025
Tariff talks with U.S. a mix of slow progress, ever-present uncertainty 
Japan's chief negotiator is back in Washington for another round of high-level negotiations.
Prices of more than 1,900 food items, including precooked rice products, will be raised next month, three times the year-before level, according to research company Teikoku Databank.
JAPAN
May 30, 2025
Prices to rise for 1,932 food products in Japan in June
The number marked the sixth consecutive month of increase, boosted by rising prices of rice.
Tokyo’s consumer price index that serves as a leading indicator for national inflation trends posted in May the biggest year-on-year rise since January 2023.
BUSINESS / Economy
May 30, 2025
Tokyo prices rising most in two years keeps BOJ on hike path
The food price gains are a worrisome sign for Prime Minister Shigeru Ishiba ahead of a summer election expected to be held by July.
Bank of Japan Gov. Kazuo Ueda
BUSINESS / Economy
May 28, 2025
Ueda to monitor risk of high long-term bond yields affecting shorter-term rates
The comments come at a time of heightened concern about volatility at the long end of the bond market.
The Finance Ministry in Tokyo's Chiyoda Ward
BUSINESS / Markets
May 28, 2025
Weak 40-year bond sale keeps pressure on Japan to tweak issuance
The 40-year yield rose 5 basis points following the sale, to 3.335% as of 4:20 p.m. in Tokyo, while the 30-year rate jumped 7 basis points.
The Japanese government will spend ¥288 billion to lower the cost of electricity and city gas by ¥3,000 for an average household from July to September.
BUSINESS / Economy
May 27, 2025
Japan to subsidize home energy bills through summer amid U.S. tariff impact
The government will spend ¥388 billion from budget reserves for the measures in its first fiscal spending in response to the Trump tariffs.
Prime Minister Shigeru Ishiba speaks at a meeting of the government's advisory Council on Economic and Fiscal Policy on Monday at the Prime Minister's Office in Tokyo.
BUSINESS / Economy
May 27, 2025
Japan private sector backs 1% real wage growth per year over next five years
The plan was first mentioned by the government’s "new capitalism" panel earlier this month.
Japan lost its position as the world’s largest creditor nation for the first time in 34 years despite posting a record amount of overseas assets, with Germany overtaking the country.
BUSINESS / Economy
May 27, 2025
Japan loses top creditor status for first time in 34 years
Despite Japan’s net external assets rising to a record high, it lost the top position to Germany.
Bank of Japan Gov. Kazuo Ueda speaks during a conference hosted by the bank's Institute for Monetary and Economic Studies in Tokyo on Tuesday. Ueda gave the yen a boost by clearly indicating his intention to continue raising the benchmark interest rate if the economy improves as expected.
BUSINESS / Economy
May 27, 2025
Yen rises as Ueda indicates BOJ is still eyeing more rate hikes
The yen rose as high as 142.12 against the dollar immediately after Ueda's remarks.
Despite the stereotypes, Japan is one of the most permissive places for non-residents to buy property.
COMMENTARY
May 27, 2025
It’s too easy for foreigners to buy Japanese property
Foreign buyers are driving up Tokyo housing prices amid Japan’s lack of property restrictions, sparking calls for tighter rules to protect residents and limit speculation.
Prime Minister Shigeru Ishiba shows off a gift from U.S. President Donald Trump as they hold a joint news conference at the White House on Feb. 7.
JAPAN
May 25, 2025
Prime Minister Ishiba aims to advance U.S. tariff talks with G7 summit in mind
Speaking to reporters in Kyoto, Ishiba said there has been progress in negotiations, pointing to discussions on trade expansion, nontariff measures and economic security.
An employee of Kyowa Industrial walks next to the company's factory in Takasaki, Gunma Prefecture, in April.
BUSINESS / Companies
May 24, 2025
Tariff crossfire hits Toyota, Nissan and Ford suppliers in Japan
Thousands of small and midsize makers of auto parts in Japan, including suppliers for Toyota and Nissan, are facing a crisis as U.S. tariffs threaten their bottom lines.
Prime Minister Shigeru Ishiba briefs reporters after his call with U.S. President Donald Trump on Friday.
BUSINESS / Economy
May 23, 2025
Ishiba and Trump speak as Akazawa heads to Washington
The call raised hopes for a breakthrough as Japan's chief tariff negotiator heads to the U.S. for a third round of high-level negotiations.
The employment rate for March 2025 graduates of higher educational institutions stood at 98% as of April 1, the second highest on record, according to the data compiled jointly by the education and labor ministries.
BUSINESS / Companies
May 23, 2025
98% of new graduates in Japan are able to land jobs
The graduate employment rate is the second highest on record.
Japan's consumer prices excluding fresh food rose 3.5% from a year earlier in April, with food items, especially rice, remaining a major contributor to price growth.
BUSINESS / Economy
May 23, 2025
BOJ and Ishiba pressured as prices rise the fastest in two years
Consumer prices excluding fresh food rose 3.5% from a year earlier in April, higher than economists' expectations.
Agriculture minister Shinjiro Koizumi speaks during a news conference in Tokyo on Friday.
JAPAN
May 23, 2025
Japan pledges immediate rice price cuts to stop shift to foreign brands
The government has been releasing some of its stockpiled rice since March but that has yet to translate to lower supermarket prices.
Shinjiro Koizumi, Japan's newly appointed agriculture minister, arrives at the ministry building in Tokyo on Wednesday. He replaced Taku Eto, who quit after saying he’s never needed to buy rice, a comment that angered many people.
EDITORIALS
May 23, 2025
Rice price uproar intensifies ruling party's election fears
When the remarks triggered a predictable and understandable backlash, Eto explained that he was trying to make a joke.
Living conditions index hits lowest level in 15 years in Japan
The share of respondents to a Bank of Japan quarterly survey in June who said they have become worse off came to 61.0%, up 5.1 percentage points from the previous survey.
Tokyo emerges as a top market for global tech talent
Tokyo ranks among the world's top tech talent hubs alongside Beijing, the San Francisco Bay Area, Bengaluru, Paris, New York and Dublin, according to Colliers' newly released global tech markets report.
From stalking to death threats, female candidates still face harassment
Mayu Ushida, a former NHK newscaster running for election in the Tokyo electoral district on the Democratic Party for the People ticket, signs an autograph for a voter after a public rally at Shinjuku Station in Tokyo on Tuesday.
CDP leader criticizes ‘Japanese First’ policy and calls for inclusive society
Constitutional Democratic Party of Japan leader Yoshihiko Noda said it is obvious that Japanese society could not function without the help of foreign workers in manufacturing, health care, construction and public transportation.
JSA’s 100th anniversary event is a once-in-a-lifetime chance for sumo fans
Egyptian wrestler Osunaarashi has some fun with children during a special Japan Sumo Association event in 2017.
Japan's rice farmers are confounded by Shinjiro Koizumi’s policies
Kiyoshi Shibata stands in front of one of the rice paddies in Murayama, Yamagata Prefecture, where he produces the prefecture's signature rice brand Tsuyahime.
From stalking to death threats, female candidates still face harassment
Mayu Ushida, a former NHK newscaster running for election in the Tokyo electoral district on the Democratic Party for the People ticket, signs an autograph for a voter after a public rally at Shinjuku Station in Tokyo on Tuesday.
Kawaii Lab redefines idol pop for the TikTok generation
Misa Kimura is the main producer for Kawaii Lab, a project by entertainment agency Asobisystem whose groups have found success by pairing a social media-first strategy with a fresh perspective on traditional idol-pop tropes.
Craig Mod's life in motion in a disappearing Japan
Mod's memoir “Things Become Other Things” chronicles his walking trips across the Kii Peninsula, surveying “a graceful end to a certain life cycle.”
With China and Trump, Japan defense report says world entering ‘new era of crisis’
A senior member of a Self-Defense Forces honor guard inspects a formation before the arrival of Prime Minister Shigeru Ishiba for a visit to the Defense Ministry in Tokyo on June 30.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan
By Megha Wadhwa

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