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April 27, 2024
 

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YEN FOR LIVING

Japan Times
JAPAN / YEN FOR LIVING
Oct 13, 2017
Japan's student grant system could leave university grads in deep black hole of debt
Everyone knows that a university education leads to a higher salary, but how much higher?
Japan Times
BUSINESS / YEN FOR LIVING
Sep 8, 2017
Japan's lottery rakes in declining revenues as younger generation gives jackpot chances a pass
Several weeks ago Mavis Wanczyk, a 53-year-old woman from Massachusetts, won $758 million in the Powerball lottery — the largest single winner jackpot in North American history. Wanczyk said at a news conference that she had already quit her job and plans to "hide in bed."
Japan Times
BUSINESS / YEN FOR LIVING
Aug 11, 2017
Japan's health care is far from free, and ballooning costs could mean higher premiums
Japan's health insurance system is considered "universal," since it covers everyone in the country, but it is hardly "free" in the sense of having the government pay for everything with tax revenue.
Japan Times
BUSINESS / YEN FOR LIVING
Jul 7, 2017
Lower tariffs on EU cheese imports may not translate to reduced prices for 'fromage' lovers
Japan and the European Union just announced a deal on free trade and will seek to reach a final agreement by the end of this year. The EU has already promised to phase out its 10 percent levy on Japanese automobiles, while Japan says it will eliminate taxes on a raft of food items.
Japan Times
BUSINESS / YEN FOR LIVING
Jun 9, 2017
With stagnant minimum wage, a 'decent life' is out of reach
One of the bedrock principles of market economics is that as demand for labor goes up, so do wages. Lately, there has been evidence that this idea may no longer be true.
Japan Times
BUSINESS / YEN FOR LIVING
May 12, 2017
Japan waking up to the problems of sleeping cash
In recent weeks there have been two well-reported robberies of people carrying large amounts of cash on the street. Thieves got away with ¥384 million after attacking a merchant in a Fukuoka parking lot. In Tokyo's Ginza district, a mugger managed to take ¥40 million from a man walking along a popular shopping boulevard. Both crimes happened in broad daylight.
Japan Times
BUSINESS / YEN FOR LIVING
Apr 22, 2017
Tellmeclub's bankruptcy grounds discount travel services
On March 27, discount travel company Tellmeclub filed for bankruptcy while a number of its Japanese customers were still overseas on package tours.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Apr 8, 2017
'Nekonomics' does its bit to keep Japan's economy purring
In our last column we talked about the economic effectiveness (keizai kōka) of the 2020 Tokyo Olympics. Keizai kōka is often used as an indication of how much money a given scheme or phenomenon adds to a particular economy. As we pointed out, the number only takes into consideration the positive effects of the phenomenon or scheme, and in that regard it's interesting to look at one that has received a good deal of attention lately because of how clearly it illustrates the growth of a certain phenomenon: namely, the market surrounding cats, or, what professor Kasuhiro Miyamoto of Kansai University has dubbed "nekonomics," or the "economics of cats."
Japan Times
BUSINESS / YEN FOR LIVING
Mar 25, 2017
Reassessing the negative impact of hosting the 2020 Olympics
The estimated cost of the 2020 Olympic Games has increased astronomically since Tokyo won the right to host it. On Dec. 22, Asahi Shimbun reported that the estimated price could be as much as ¥1.8 trillion. The original bid estimate for constructing new Olympic venues was ¥499 billion and that is now ¥680 billion. Transportation costs have increased from ¥23.3 billion to ¥140 billion, security from ¥20.5 billion to ¥160 billion and "software" expenses from ¥257 billion to ¥520 billion.
Japan Times
BUSINESS / YEN FOR LIVING
Mar 11, 2017
Measuring the economics behind a shift to streaming
An article in the Feb. 17 issue of the Asahi Shimbun describes a restaurant in Osaka where diners can watch J. League soccer games. The restaurant has three TV monitors hooked up to Sky PerfecTV, one of Japan's satellite broadcast services. At the end of January, however, the J. League shifted its exclusive broadcast contract from Sky PerfecTV to a video streaming service called DAZN. The selling point of the restaurant was always J. League games, so now the business' satellite setup is worthless.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 25, 2017
Popularity of card loans add to financial woes
Supreme Court records show that there were 64,637 filings for personal bankruptcy in 2016, an increase of 781 cases over 2015, thus marking the first increase in 13 years.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 11, 2017
Resorting to adoption to avoid inheritance tax
Revisions to the inheritance tax went into effect in 2015, and related statistics for that year were recently made public by the National Tax Agency.
Japan Times
BUSINESS / YEN FOR LIVING
Jan 21, 2017
Stress mounts as fees fall in Japan for home deliveries
The rise of online retailers has led to a race to the bottom for home delivery firms desperate to hold on to the huge amount of business these shopping sites provide.
Japan Times
BUSINESS / YEN FOR LIVING
Jan 7, 2017
Can the financial roadblock to marriage ever be dismantled?
On Dec. 20, an advisory panel assembled by the Prime Minister's Office drafted a final proposal for a bill that has a long-term goal of increasing the country's sagging birthrate.
Japan Times
BUSINESS / YEN FOR LIVING
Dec 24, 2016
Industry divided on government's casino gamble
In its zeal to ramrod some bills into law before the New Years holiday, the ruling Liberal Democratic Party finally legalized casino gambling, a matter that has been in legislative limbo for a number of years. However, the problems that always prevented the bills from advancing in the past have not gone away, the biggest one being Japan's perceived penchant for gambling addiction.
Japan Times
BUSINESS / YEN FOR LIVING
Dec 10, 2016
Japan's humble school lunch: social leveler and sacred cow
Beyond the inculcation of good eating habits and an appreciation of wholesome food, Japan's school lunch program stresses the importance of community and helps children understand their responsibilities within the group.
Japan Times
BUSINESS / YEN FOR LIVING
Nov 26, 2016
Where to burn aging Japan's growing numbers of dead?
A sideshow of Japan's demographic crisis is that there aren't enough facilities available to 'process' these bodies.
Japan Times
BUSINESS / YEN FOR LIVING
Nov 12, 2016
Japan's laundromat bubble shows no sign of bursting
Almost every Japanese household has a washing machine, so why are so many of them using laundromats that cost them extra money?
Japan Times
BUSINESS / YEN FOR LIVING
Oct 22, 2016
Shocking blog post forces debate on the financial drain of dialysis in Japan
About 0.25 percent of the population requires dialysis, but this group is responsible for one-30th of the country's medical costs.
Japan Times
BUSINESS / YEN FOR LIVING
Oct 8, 2016
New pension ceiling meant to help low-paid workers may hit housewives
A lowering of the eligibility cap for the ku014dsei nenkin pension plan leaves housewives working part-time with a choice: cut their hours to stay below the new ceiling or work more to offset the pension payments they will now have to make.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Vol. 34: Tokyo, a vanguard city for sustainability
Vol. 34: Tokyo, a vanguard city for sustainability

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