Japan's April wholesale prices jump on rising material costs
With the COVID-19 pandemic weighing on domestic consumption, there is uncertainty about whether companies will pass on higher costs to households, analysts say.
Japanese-style pubs report losses but sales at fast-food chains soar
A drop in the number of people dining out amid the coronavirus pandemic hit izakaya pub operators hard, while takeout demand boosted fast-food chains.
Businesses hope tougher COVID-19 measures will speed return to normal
Some businesses have lamented the delay in implementing the new restrictions, criticizing the central government for a lack of foresight.
CEOs criticize Japan’s slow vaccine push, saying growth at risk
While Japan has fared better during the pandemic compared with its Western peers, executives fear that the pace of inoculations will have an impact on potential recovery.
The result reflected the Japanese government's financing support measures for companies damaged by the novel coronavirus crisis, according to a credit research firm.
Japan's economy watcher sentiment logs biggest fall in 13 months
The drop was the largest since a plunge of 13.0 points in March last year, when uncertainty over the economic outlook began to grow rapidly due to the spread of the virus across the country.
Japan's fiscal 2020 travel surplus down 89% due to virus bans
The surplus of the travel balance, showing the amount of money foreign tourists spend in Japan versus Japanese spending abroad, shrank to ¥264.5 billion.
Government indicators show Japan's economy 'improving' in March
The result followed a decline in February when the office said the economy was in an "upturn phase."
Japanese government debt rises by record ¥101 trillion in fiscal 2020
The figure means that debt per capita stands at ¥9.70 million based on the estimated population of 125.41 million as of April 1.
Household spending falls 4.9% in fiscal 2020, second largest drop on record
Spending by households with two or more people averaged ¥276,167 per month in the fiscal year through March, decreasing for the second straight year.
BOJ member saw need to expand easing for inflation goal, meeting summary shows
At the April 26-27 gathering, the BOJ projected that the central bank's 2% target will not be met before Gov. Haruhiko Kuroda's current term ends in April 2023.
Japan's extended virus emergency could lead to ¥1 trillion economic loss
The extension could dim the prospect for a steady recovery toward the end of the year, according to one economist's forecast.
