Tag - japanese-economy

 
 

JAPANESE ECONOMY

The total value of unpaid household tasks was ¥111 trillion for women and ¥32 trillion for men in 2021, according to a recent Cabinet Office report, indicating the amount of men's work around the home is less than a third of what women do.
BUSINESS / Economy
Sep 4, 2023
Japanese women are missing out on ¥111 trillion in unpaid wages
A recent report has highlighted both the wage gap between men and women, as well as the sheer amount of uncompensated work that gets done in Japan.
Japan's economic output ran above full capacity in April-June for the first time in nearly four years, a government estimate showed, suggesting that conditions for ending its policy of ultralow interest rates could be falling into place.
BUSINESS / Economy
Sep 2, 2023
Japan's economic output runs above capacity in signal for BOJ
The data suggests that conditions for Japan to end its policy of ultralow interest rates could be falling into place.
Japanese companies raised spending on plants and equipment in the April-June quarter but the pace of annual gains slowed to the lowest in five quarters, reflecting global recession worries amid China's slowing growth.
BUSINESS / Economy
Sep 1, 2023
Japan firms cut capital spending over global growth concerns
The latest figures feed into a picture of Japan’s growth being overly reliant on overseas demand.
Bank of Japan board member Toyoaki Nakamura says it is uncertain whether smaller companies can earn enough profits to keep hiking wages next year and beyond.
BUSINESS / Economy
Aug 31, 2023
BOJ policymaker warns against premature monetary tightening
Tightening monetary policy before rising prices are accompanied by higher wages would hurt domestic demand and corporate profits, Toyoaki Nakamura said.
According to a survey conducted by the Tokyo Stock Exchange, 20% of the 1,235 prime-listed companies have come up with specific measures.
BUSINESS / Markets
Aug 31, 2023
Most Japan firms yet to disclose plans for better capital efficiency
The TSE made a rare call in March for firms to disclose plans in the long run to improve capital efficiency, but nearly 70% have yet to do so.
Manufacturing machinery and electronic components were among the biggest drags on Japan's industrial output in July.
BUSINESS / Economy
Aug 31, 2023
Japan output drops in July as global slowdown reverberates
Factory output declined 2% from June, the industry ministry said Thursday.
As China slips into deflation, one word is popping up more and more to describe the gloomy atmospherics: "Japanification."
COMMENTARY / Japan
Aug 30, 2023
'Japanification' for China? It should be so lucky.
China is not on the path to global dominance nor set for collapse, and observers should consider the various shades of gray in analyzing these countries.
The Bank of Japan headquarters in Tokyo. A board member with the central bank Naoki Tamura has hinted that officials might be able to confirm some time early next year they’ve hit the goal needed to usher in policy change.
BUSINESS
Aug 30, 2023
Leading BOJ hawk hints at chance of policy shift in early 2024
"The achievement is finally and clearly within sight after a decade of large-scale monetary easing aimed at attaining it,” board member Naoki Tamura said.
Japan’s unemployment rate rose for the first time in four months in July.
BUSINESS / Economy
Aug 29, 2023
Rising jobless rate dims outlook for labor market and inflation
The job market must tighten to spur wage gains, which in turn would contribute to a virtuous cycle of inflation and salaries.
A gasoline tanker truck at an Eneos gas station in Tokyo
BUSINESS / Economy
Aug 29, 2023
LDP approves extension of gasoline subsidy to year-end
The ruling party also agreed in principle to further expand the program, which pays subsidies to oil wholesalers to curb retail fuel price increases.
The Bank of Japan's inflation outlook doesn’t reflect reality, according to one of the country’s leading experts on prices.
BUSINESS / Economy
Aug 29, 2023
BOJ’s outlook doesn’t reflect reality, key price expert says
While the bank sharply raised its price outlook last month, it was still kept too low, said University of Tokyo economics professor Tsutomu Watanabe.
Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
BUSINESS / Economy
Aug 27, 2023
BOJ chief says strategy backed by below-target inflation
Gov. Kazuo Ueda said price growth remains slower than the central bank’s goal, explaining why officials are continuing with their current strategy.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Aug 25, 2023
Financial expert warns against delay in BOJ policy shift
Izuru Kato predicted that the BOJ will likely raise its short-term policy rate from below zero in "January or April next year."
BUSINESS / Economy
Aug 25, 2023
Inflation in Tokyo slowed in August but stayed above BOJ target
The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 2.8% in August from a year earlier.
A woman stands on one side of the wall texting in front of a nightclub while, on the other side of the wall, a man works in an izakaya.
PODCAST / deep dive
Aug 24, 2023
One night out in Tokyo
As the last trains leave the central hubs of Shinjuku and Shibuya for the suburbs, much of the city heads home. However, Tokyo never sleeps.
Staff from All Nippon Airways and a travel agency escort a Chinese tour group from Beijing upon their arrival at Haneda Airport in Tokyo on Wednesday.
BUSINESS / Economy
Aug 24, 2023
Will 'explosive spending' return to Japan with China group tours?
Hopes the tours will herald big returns clash with a struggling Chinese economy and Japan's controversial release of treated wastewater into the sea.
Hiromi Yamaji, chief executive officer of Japan Exchange Group, says the yen is too weak and its benefits for Japanese stocks are diminishing.
BUSINESS / Economy
Aug 24, 2023
Yen’s too weak and benefits are waning, Japan bourse chief says
The yen has slipped below the levels where Japanese officials intervened last September to rein in the weakness in the currency.
BUSINESS
Aug 23, 2023
Kishida under pressure to spend even as debt costs rise
The prime minister pivoted away from his previous stance Tuesday by scrapping September-end plans to stop subsidies that cap gasoline prices.
BUSINESS
Aug 23, 2023
Goldman, KKR and Blackstone join investor rush for Japan hotels
Compared with before the pandemic, visitors to Japan are spending more, with most of that money going on lodgings and hospitality.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami