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July 24, 2026
 

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BUDGETS

The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.
51³Ô¹ÏÍø / Politics
Jul 21, 2026
Japan reveals hint of new defense spending target in fiscal blueprint
The annual economic policy guidelines referenced goals announced by NATO and two U.S. allies and pledged to ¡°transform the country¡¯s defense capabilities within five years.¡±
Record growth in tax revenues reflects higher wages and corporate earnings, as well as a rise in the value of consumption amid inflation.
51³Ô¹ÏÍø
Jul 4, 2026
Japan tax revenues hit record ?84 trillion in fiscal 2025
The growth reflected higher wages and corporate earnings, as well as a rise in the value of consumption amid inflation.
Draft guidelines list expressways and some shinkansen lines as key areas of focus for infrastructure development.
51³Ô¹ÏÍø
Jun 29, 2026
Japan to stop focusing on public works cost effectiveness
The government will shift its focus to an overall assessment that places an emphasis on basic functions to protect lives and livelihoods, under annual guidelines due next month.
Prime Minister Sanae Takaichi speaks during a meeting on economic policy at the Prime Minister's Office in Tokyo on Thursday.
51³Ô¹ÏÍø / Politics
Jun 27, 2026
Japan government to avoid deficit-covering bonds for food tax cut
The move to avoid the issuance of deficit-covering bonds follows a policy that Prime Minister Sanae Takaichi has consistently emphasized.
A female technician maintaining and inspecting machinery
51³Ô¹ÏÍø / Politics
Jun 26, 2026
Takaichi¡¯s blueprint of women¡¯s policies focuses on menopause, education and housekeepers
Support for women¡¯s health in different stages of life forms one of the main pillars of the government plan.
Prime Minister Sanae Takaichi speaks during a news conference in Tokyo in April
51³Ô¹ÏÍø / Politics
Jun 25, 2026
Japan unveils multiyear framework as part of budget reform
The mechanism is expected to start next fiscal year and will be used to fund measures including investments in economic security and crisis preparedness.
Prime Minister Sanae Takaichi aims to put her stamp on Japan¡¯s growth strategy as technological change and geopolitical tensions reshape economic priorities.
BUSINESS / Economy
Jun 24, 2026
Japan unveils $2.3 trillion investment plan for next 14 years
The roadmap marks a key step in Takaichi¡¯s effort to put her stamp on Japan¡¯s growth strategy as technological change and geopolitical tensions reshape economic priorities.
Finance Minister Satsuki Katayama says Japan is currently undergoing the greatest budgetary reform process since the end of World War II.
BUSINESS / Economy
Jun 9, 2026
Katayama says Japan undergoing biggest budget reform since 1945
The government plans to incorporate as much spending for one year as possible into the initial budget rather than rely on additional funding via supplementary packages.
Prime Minister Sanae Takaichi speaks at a Lower House plenary session in Tokyo on Wednesday. Takaichi has described the supplementary budget as being designed to ¡°minimize risks¡± from the increasingly uncertain situation in the Middle East.
51³Ô¹ÏÍø / Politics
Jun 4, 2026
Lower House passes ?3.11 trillion extra budget to ease Mideast war impacts
The budget will create a new reserve fund to respond to developments in the conflict while aiding impacted energy users and replenishing the existing reserve fund.
Prime Minister Sanae Takaichi¡¯s Cabinet has endorsed a ?3.1 trillion extra budget to fund measures meant to cushion households from inflation tied to Middle East turbulence.
BUSINESS
Jun 3, 2026
Japan unveils ?3.1 trillion extra budget to cushion Mideast impact
While the government has yet to specify the usage of that fund, it is expected to be used initially to cap costs for gasoline.
Russian President Vladimir Putin speaks during a ceremony at the Kremlin in Moscow on Monday.
WORLD / Politics
Jun 2, 2026
Russia finance officials tell Putin war spending is unaffordable
Finance Ministry officials have grown increasingly concerned about the state of Russia¡¯s economy and state budget in recent months.
U.S. Secretary of Defense Pete Hegseth speaks with Defense Minister Shinjiro Koizumi as they arrive for a ministerial roundtable during the Shangri-La Dialogue security summit in Singapore on Saturday.
51³Ô¹ÏÍø
May 30, 2026
U.S. and Japan defense chiefs agree to accelerate missile coproduction
A key focus of the meeting was a Japanese proposal known as ¡°Operation Supercharge,¡± designed to accelerate joint development and mass production of advanced missile systems.
Kazuhiko Shigetoku, Lower House parliamentary affairs chief of the Centrist Reform Alliance (center, left), and Yoshitaka Saito, Upper House parliamentary affairs chief of the Constitutional Democratic Party of Japan (center, right), meet in parliament on Thursday.
51³Ô¹ÏÍø / Politics
May 30, 2026
Japan ruling and opposition parties at odds over extra budget
The budget committees of both the upper and lower chambers will each spend one day deliberating the extra budget for the fiscal year that started in April.
U.S. Secretary of Defense Pete Hegseth speaks at the Shangri-La Dialogue security summit in Singapore on Saturday.
51³Ô¹ÏÍø
May 30, 2026
Hegseth says U.S. has ¡®high expectations¡® for Japan on defense spending
U.S. Defense Secretary Pete Hegseth has delivered a veiled warning to Tokyo, saying that while Japan was ¡°headed in the right direction,¡± more must be done.
Finance Minister Satsuki Katayama
BUSINESS
May 27, 2026
Government to submit draft extra budget for fiscal 2026 on June 3
Totaling over ?3 trillion, the draft extra budget is aimed at increasing reserve funds in light of Middle East tensions.
Prime Minister Sanae Takaichi in parliament on May 20
BUSINESS
May 25, 2026
Takaichi unveils $19 billion extra budget while vowing no extra borrowing
The supplementary ?budget marks a reversal from Takaichi¡¯s previous remarks ruling out ?the need for extra spending.
Prime Minister Sanae Takaichi attends a meeting of the Council on Economic and Fiscal Policy on Friday at the Prime Minister's Office in Tokyo.
BUSINESS
May 23, 2026
Takaichi considering new quota for growth investment
The plan would cover 17 growth areas, including artificial intelligence and semiconductors, to support long-term corporate investments.
Prime Minister Sanae Takaichi speaks during an Upper House budget committee meeting on May 11.
51³Ô¹ÏÍø / Politics
May 18, 2026
Takaichi calls for extra budget amid Middle East shock
The planned supplementary budget is expected to function as an emergency relief measure rather than a broad economic stimulus program.
Yuichiro Tamaki, leader of the Democratic Party for the People, speaks to reporters last week.
51³Ô¹ÏÍø / Politics
May 17, 2026
Japan opposition to grill PM on extra budget in leaders¡¯ debate
Opposition parties are set to grill Prime Minister Sanae Takaichi during a party leaders' debate on Wednesday over her delay in preparing an extra budget to combat rising oil prices and inflation.
Finance Minister Satsuki Katayama said an extra budget is not yet necessary, after long-term Japanese government bond yields hit multi-decade highs amid spillover concerns from a spike in U.S. inflation.
BUSINESS / Economy
May 15, 2026
Satsuki Katayama denies need for extra budget as yields rise
The finance minister said that a recent rise in yields on Japanese government bonds is part of a broader global trend.
Japan scientists identify clusters of protein believed to trigger Alzheimer¡¯s disease
A team of researchers said they found a ¡°seed¡± that accelerates the amyloid beta accumulation process in the brain, naming it ¡°Peak 1 amyloid beta,¡± as seen in a mouse's brain.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" ¡ª an action-comedy series that follows the adventures of a notorious thief and a young boy.
Japan weighs regulating Pokemon cards amid trading mania
A Pokemon event is held in Jakarta on July 11
Low-income families in Japan cut food and air conditioning during summer break
Yumiko Watanabe, the chairperson of nonprofit Kidsdoor, explains the results of a survey in Tokyo's Chiyoda Ward on July 1.
Iran strikes on CIA facilities prompt questions about possible Russian role
Iranian drones are displayed in an undisclosed location in Iran, in this handout image obtained on Jan. 13, 2025.U.S. officials have acknowledged that Russia has ?provided targeting ?and other support for Iran in its drone strikes on U.S. targets in the Persian Gulf region.
The sci-fi sensibilities of electronic trio Black Boboi
Black Boboi was formed in 2018 when solo artists Julia Shortreed, Utena Kobayashi and Ermhoi came together under Kobayashi¡¯s newly founded label, Bindividual.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan¡¯s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon
By Alex K.T. Martin

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