Several news outlets report today that Prime Minister Shinzo Abe has solidified his decision to proceed with plans to increase the consumption tax rate to 8 percent in April. It had been widely reported that a 5 trillion yen stimulus package was bein...

NHK reports that private sector members of the Council on Economic and Fiscal Policy plan to present a proposal at the next meeting of the council (to be held on 13 September) calling for the establishment of Tokyo as a special regulatory zone as par...

According to data released by the Cabinet Office today, Japan’s gross domestic product (GDP) during the April-June period was on a quarter-to-quarter basis revised up to a 0.9 percent increase from a preliminary 0.6 percent. This amounts to an annual...

The Nikkei Shimbun reports that the Liberal Democratic Party (LDP) will proceed with Diet reform plans this month. The objective of the reform is to lighten the burden of the Prime Minister and the Cabinet through measures such as increasing the time...

At a press conference yesterday, Chief Cabinet Secretary Yoshihide Suga revealed that no reshuffle of ministers posts will take place in a while and that Prime Minister Abe wants to keep his team "as is" at least until the end of the next ordinary Di...

According to Reuters, Minister of Finance Taro Aso stated that Japan will announce at the G-20 Summit it plans to proceed with the two-stage consumption tax increase. Additionally, Aso remarked that the government is considering compiling an extra bu...

The Yomiuri Shimbun reports that the Ministry of Economy, Trade and Industry (METI) plans to move forward with liberating the gas market for households in 2016. In doing so, the ministry is hoping that the increased competition in the market will lea...

According to the Nikkei Shimbun, more than 70% of the members of a special advisory panel believe that the consumption tax should be increased as planned. Eight people sought a change in the gain increase citing the possible adverse effects on effort...

In an interview with the Mainichi Shimbun, former Prime Minister Junichiro Koizumi made clear his anti-nuclear energy stance. He commented that Japan has “no choice but to get rid of nuclear power” and that the move towards zero nuclear power should ...

According to a survey conducted by the Nikkei Shimbun and TV Tokyo during August 23-25, approval ratings for the Abe Cabinet increased five points since last month and stands at 68% while disapproval ratings have decreased by six points at 23%. Moreo...