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July 25, 2026
 

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SALES TAX

BUSINESS / Economy
Nov 8, 2018
Japan leaves no stone unturned as it prepares to cushion blow from Abe¡¯s 2019 sales tax hike to 10%
With Prime Minister Shinzo Abe determined to increase the sales tax next year, the government is testing public reaction to a string of potential measures to ensure people keep spending.
Japan Times
BUSINESS / Economy
Mar 22, 2018
74% of Japanese firms want BOJ to exit stimulus but see no tightening till 2019 or beyond: poll
Three-quarters of Japanese companies say the Bank of Japan needs to exit from its supereasy monetary policy but most do not see that happening until next year or beyond, a poll found.
51³Ô¹ÏÍø / Politics
Oct 19, 2017
Japan Inc. wants ruling bloc to prevail in election win but with smaller majority: poll
Japanese companies overwhelmingly want Prime Minister Shinzo Abe¡¯s ruling coalition to stay in power in this Sunday¡¯s national election but about two-thirds want it to lose seats, a Reuters poll found.
BUSINESS / Economy
Mar 7, 2016
BOJ¡¯s Kuroda says impact of next sales tax hike to be less than in 2014
Bank of Japan Gov. Haruhiko Kuroda said Monday that the impact of a sales tax increase scheduled for April 2017 would be much less than that which resulted from the hike in 2014 ¡ª sending Japan into a recession.
BUSINESS
Jan 4, 2016
New tax system won¡¯t ease burden for car owners, says head of automakers¡¯ lobby group
Car owners in Japan have been shouldering unfair levies and a new tax to replace the current car acquisition tax next year will not ease the burden, said Fumihiko Ike, chairman of the nation¡¯s biggest automakers¡¯ lobby group.
BUSINESS / Economy
Jul 8, 2015
Abe aide says ?2.5 trillion may be needed to offset next tax hike
It could be difficult for the Bank of Japan to taper its record monetary stimulus before a planned sales-tax hike in 2017, and the government may need to compile a ?2.5 trillion economic package to cushion the blow to households, an adviser to the prime minister said Tuesday.
Japan Times
BUSINESS
Dec 22, 2014
Sales tax hike stymies domestic car sales: JAMA
Major Japanese carmakers may have benefited from the yen¡¯s sharp decline this year, but they were also hurt by the consumption tax hike and prospects for the domestic market appear dim, Fumihiko Ike, chief of the Japan Automobile Manufacturers Association, said Monday.
51³Ô¹ÏÍø / Politics
Nov 21, 2014
Abe dissolves Lower House for snap election
Prime Minister Shinzo Abe dissolves the Lower House to pave the way for his Dec. 14 snap election, asking voters to cast judgment on his sputtering ¡®Abenomics¡¯ program.
Japan Times
BUSINESS / Economy
Oct 26, 2014
As Abe¡¯s political ratings fade, top official calls for delay in next sales tax hike
A top government official said Prime Minister Shinzo Abe should delay a planned consumption tax increase, the strongest sign yet that economic weakness is causing concern among those close to Abe ahead of his final decision on the levy.
Japan Times
BUSINESS / Economy
Oct 3, 2014
BOJ struggling to meet inflation deadline, former vice governor says
The Bank of Japan may need more time to achieve its 2 percent inflation target and the country can¡¯t ignore harm caused by an abrupt weakening of the yen, said Toshiro Muto, a two-time contender to lead the central bank.
Japan Times
51³Ô¹ÏÍø
Sep 4, 2014
First lady Akie Abe speaks out ahead of consumption tax decision
First Lady Akie Abe said Thursday her husband¡¯s administration should consider cutting wasteful spending and boosting the economy before going ahead with a rise in the consumption tax to 10 percent.
BUSINESS / Economy
Aug 13, 2014
Japan¡¯s economy suffers biggest decline since 2011 as tax hike bites
The Japanese economy suffered its biggest contraction since the March 2011 earthquake in the second quarter of this year as the hike in sales tax to 8 from 5 percent took a heavy toll on household spending, stoking fears that any rebound may be too modest to sustain a solid recovery.
BUSINESS
Aug 13, 2014
Homebuyers in Japan seen at risk amid floating-rate loan rush
Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation.
BUSINESS / Companies
Jul 25, 2014
LVMH profit trails estimates as Japan tax hike hits fashion biz
LVMH Moet Hennessy Louis Vuitton SA, the world¡¯s largest luxury-goods company, reported first-half earnings that trailed estimates as the strength of the euro weighed on growth and the first stage of the Japanese tax hike hurt sales of fashion and leather goods.
BUSINESS / Economy
Jun 14, 2014
Noda says Abe buying into ¡®voodoo economics¡¯
Sour grapes are in season in Tokyo as Prime Minister Shinzo Abe¡¯s predecessor steps up and slams the incumbent¡¯s tax plans.
Japan Times
BUSINESS / Economy
May 31, 2014
BOJ steps up growth ¡®rhetoric¡¯
Japan¡¯s risk of spurring inflation without boosting the nation¡¯s growth potential is raising the stakes for Prime Minister Shinzo Abe¡¯s next round of economic restructuring measures, due in June.
Japan Times
BUSINESS
Mar 31, 2014
Shoppers flock to stores ahead of sales tax hike
Consumers flock to stores to make last-minute purchases of luxury and sundry goods ahead of the first sales tax hike in 17 years.
Japan Times
BUSINESS
Mar 31, 2014
Supplier of ?1 coins ends four-year hiatus for Abe¡¯s sales tax hike
Akao Aluminum Co., the only supplier of ?1 coins, has produced its first batch in four years to meet an expected surge in demand for small change as the consumption tax jumps to 8 percent on Tuesday.
BUSINESS / Economy
Mar 31, 2014
Manufacturing slumps as tax hike looms large
Japan¡¯s industrial production fell in February, undercutting economists¡¯ forecasts, as the first sales tax hike since 1997 risks stalling the economic recovery.
Japan Times
51³Ô¹ÏÍø / EXPLAINER
Mar 24, 2014
Selective consumption tax breaks inch closer
The consumption tax is going up to 8 percent next Tuesday, but consumers also have to brace for a another hike in October 2015, when the Abe administration plans to raise it all the way to 10 percent ¡ª double what it has been since 1997.
Japan weighs regulating Pokemon cards amid trading mania
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Japan to set up expert working group on accepting foreign nationals
Chief Cabinet Secretary Minoru Kihara (second from left) addresses a meeting of ministers responsible for policies concerning foreign residents, held at the Prime Minister's Office on Friday.
Head of Swiss euthanasia firm dies after collapsing while ascending Mount Fuji
Around 200,000 people typically scale the 3,776 meter Mount Fuji each year.
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 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.
Japan to set up expert working group on accepting foreign nationals
Chief Cabinet Secretary Minoru Kihara (second from left) addresses a meeting of ministers responsible for policies concerning foreign residents, held at the Prime Minister's Office on Friday.
Inside Toho Archive¡¯s mission to save Japan¡¯s cinematic memory
The goal of restoration is not to artificially upscale but to return the film to the condition it was in ¡°the very first day it appeared in the world,¡± says Nobushige Toshima, president and sales division manager of Toho Archive.
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.

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