Tag - japanese-economy

 
 

JAPANESE ECONOMY

Those who entered the job market from around 1993 to 2004, when long-term stagnation started, are likely to struggle even more to make ends meet after retirement.
JAPAN / Society / FOCUS
May 7, 2025
Japan's 'ice age' employment generation is at risk of poverty during retirement
Due to low wages the generation tends to earn and protracted pension adjustments, many may end up relying on welfare benefits.
In France, a state-of-the-art rare earths plant to extract key minerals like dysprosium and terbium is being built with French and Japanese support — the first of its kind outside China. Its significance goes beyond the project itself.
COMMENTARY / Japan
May 5, 2025
New rare earth plant shows strength of Japan-France cooperation
In France, a state-of-the-art rare earths plant is being built with French and Japanese support, showing the way for those who see the benefits of working together and not alone.
China's Bayan Obo rare earth mine in Inner Mongolia. As U.S.-China tensions strain critical mineral supply chains, Tokyo’s multipronged approach based on sovereignty, resilience and sustainability is gaining quiet relevance.
COMMENTARY / Japan
May 5, 2025
Japan's resource security path may hold answers to trade turmoil
Critical mineral supply chains are made vulnerable by China's dominance and U.S. protectionism. Japan's strategy may provide clues as to how to secure these vital resources.
A Honda vehicle is assembled at a plant in Lincoln, Alabama. Despite concerns about U.S. President Donald Trump's economic policies, around half of Japanese firms remain committed to the American market, according to a recent survey.
COMMENTARY / Japan / Geoeconomic Briefing
May 2, 2025
Japan Inc. cautiously optimistic despite rising uncertainty
Trump's economic policies and geopolitical risks are front of mind for many Japanese companies. But many remain committed to staying in the U.S. and China, says a recent survey.
U.S. Commerce Secretary Howard Lutnick (far left), U.S. Treasury Secretary Scott Bessent (left) and Ryosei Akazawa, Japan's chief tariff negotiator. The second round of tariff negotiations between Japan and the United States were held on Thursday in Washington.
BUSINESS / Economy
May 2, 2025
Second round of U.S.-Japan tariff talks ends inconclusively in Washington
Neither foreign exchange rates nor defense spending were discussed, said Ryosei Akazawa, Japan's chief tariff negotiator.
Both the March jobless rate and the February job-to-applicant ratio rose in Japan, keeping upward pressure on wages as companies try to boost pay to hire and retain workers.
BUSINESS / Economy
May 2, 2025
Japan’s job market stays tight, supporting wage momentum
The jobless rate ticked up to 2.5% in March from 2.4% in the previous month, the internal affairs ministry reported.
The Bank of Japan signals rate-hike uncertainty and slashes growth forecasts amid rising trade and inflation concerns, as the central bank's earlier optimism is upended by U.S. President Trump's tariff moves.
COMMENTARY / Japan
May 2, 2025
Bank of Japan will struggle to justify hikes after this
Few anticipated how dovish the BOJ would sound on the future direction of rates or how gloomy it would be on the near-term prospects for achieving the inflation goal.
The Bank of Japan has been signaling caution in the face of uncertainty.
BUSINESS / Economy
May 1, 2025
Bank of Japan holds rates as expected but surprises with growth forecast cut
The policy board made no adjustment to the short-term policy rate, currently 0.5%, at a two-day meeting that concluded Thursday.
The prices of 478 products, including House Foods' curry mixes, will be raised in May.
BUSINESS
Apr 30, 2025
Price hikes set for 478 food products in May
The monthly number of food products with higher prices will rise 1.9% from a year earlier, the fifth consecutive monthly increase.
U.S President Donald Trump meets with economic revitalization minister Ryosei Akazawa at the White House during Akazawa's first trip to the U.S. to discuss tariffs.
BUSINESS / Economy
Apr 30, 2025
Akazawa heads to Washington as Japanese automakers 'losing $1 million an hour' 
Speaking to reporters at Haneda Airport in Tokyo, Japan’s chief trade negotiator remained polite but firm as he suggested that the pressure is on.
Industrial production dropped 1.1% in March compared with the previous month, according to the industry ministry.
BUSINESS / Companies
Apr 30, 2025
Japan's factory output falls in sign of frailty before tariffs
Industrial production dropped 1.1% in March compared with the previous month, the industry ministry reported Wednesday. Economists had forecast a 0.4% drop.
Constitutional Democratic Party of Japan head Yoshihiko Noda speaks to reporters in Tokyo on Friday.
JAPAN / Politics
Apr 28, 2025
CDP's about-face piles pressure on LDP to cut consumption tax on food
Constitutional Democratic Party of Japan chief Yoshihiko Noda pledged that the party will abolish the consumption tax on food products for a year.
Bank of Japan Gov. Kazuo Ueda. The BOJ is getting into a tough spot between high inflation and a likely economic slowdown.
BUSINESS / Economy
Apr 28, 2025
BOJ to hit pause on rate-hike path as economic risks mount
Gov. Kazuo Ueda’s board is poised to keep the benchmark rate at 0.5% at the conclusion of the two-day gathering on Thursday, according to all 54 economists surveyed.
There is strong demand for funding from Japanese companies as the economy emerges from years of deflation, and issuers are trying to pinpoint the best time to sell bonds before the Bank of Japan raises interest rates again.
BUSINESS / Companies
Apr 28, 2025
Revived corporate bond deals in Japan underline need for funding
Volatility is particularly tricky for Japan to navigate given that the market has been less exposed to extreme swings after years of rock-bottom interest rates.
The Bank of Japan will release its quarterly report on the Japanese economy and prices at its two-day policy meeting from Wednesday.
BUSINESS / Economy
Apr 27, 2025
BOJ may lower economic and price forecasts
Amid Trump's global trade war, the central bank is also likely to keep its monetary policy unchanged.
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
BUSINESS / Economy
Apr 27, 2025
California says it overtakes Japan to become world’s No. 4 economy
Japan's annual GDP was surpassed by China in 2010 and Germany in 2023, positioning the country in fourth place.
Prime Minister Shigeru Ishiba speaks at Rengo's May Day event alongside the union's chief, Tomoko Yoshino, on Saturday in Tokyo.
BUSINESS
Apr 26, 2025
Ishiba vows wage hikes that keep up with inflation at May Day event
Ishiba's participation marks the third year in a row for a Japanese prime minister to attend Rengo's May Day event.
U.S President Donald Trump meets with Japan's Ryosei Akazawa, who is in charge of trade negotiations with Washington, in the Oval Office of the White House in Washington on April 16.
BUSINESS / Economy / ANALYSIS
Apr 26, 2025
Japan is a test case for Trump's tariff deals. But talks may be tortuous.
While some expect an agreement at the June G7 summit in Canada in June, others say it will be risky for Tokyo to cede ground before Upper House elections expected in July.
Prime Minister Shigeru Ishiba speaks about U.S. tariffs in Tokyo last week.
BUSINESS / Economy
Apr 25, 2025
Japan doubles down on stimulus to counter effects of Trump tariffs
The government will implement measures that build on ones announced earlier with the aim of boosting domestic spending and shoring up corporate balance sheets.
Amid U.S.-China trade tensions, the U.S. may be looking at Japan as a potential country to make up for a drop in corn exports to China.
BUSINESS / Economy
Apr 25, 2025
Japan looks to increase U.S. corn imports ahead of more tariff talks
The idea appears to be aimed at appeasing U.S. President Donald Trump's criticisms about Japan's tariffs and could be used as leverage in next week's bilateral negotiations.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji