Japanese men hoping to reap the benefits of the economic upturn with an increase in their monthly spending cash will be disappointed to find this won't be happening anytime soon. It seems their wives, who typically control family purse strings in Japan, have yet to buy into Abenomics.
According to an online survey of 3,300 individuals carried out by Orix Bank Corp. in July, the average monthly spending allowance of men fell by 11% compared with last year's survey, falling to Y30,468 ($310).
In some ways, the survey result released Tuesday is not a big surprise since Prime Minister Shinzo Abe's policies to bolster the economy have yet to translate into a rise in wages for the average Japanese worker.
Many economists say it will take longer for the policies - known as Abenomics - to boost the base salaries of company employees and seep into the spending patterns of average Japanese homes. Spending so far has mainly been driven by those profiting from a rise in share prices from late last year, leading to a splurging on luxury items by the wealthy.
While the reasons are unclear, the survey also indicates that most men didn't even attempt to have their pocket money increased. Only 5.1% of respondents said they negotiated to have their allowances raised. And of those who did bargain with their partners, 70% didn't actually succeed in getting a raise.
The fates of Japanese journalist Kenji Goto and Jordanian Air Force pilot Muath al-Kasaesbeh remain unknown after a deadline purportedly set by the Islamic State of Iraq and the Levant (ISIL) for the release of would-be suicide bomber Sajida al-Rishawi in exchange for Goto passed at sunset Thursday. (The Japan News)
The Aichi Prefectural Police said Friday that the 19-year-old Nagoya University student who has admitted killing a 77-year-old woman last month apparently used her cellphone to take pictures of the victim's corpse. (Japan Times)
Manga giant Katsuhiro Otomo won the Grand Prix Award at the prestigious Angouleme International Comics Festival on Jan. 29, marking the first time that a Japanese creator took the event's top honor. (Asahi)
Police in Saitama Prefecture said Thursday they have arrested 11 people who, as part of an organized scam group, call up individuals claiming that they had missed a payment for using a website that is actually free to use. (Japan Today)
A Nagoya University student who says she killed an elderly woman found dead in the 19-year-old's apartment has also admitted poisoning a former high school classmate, investigative sources said Thursday. (Japan Times)
Paul McCartney, who had to cancel all his concerts in Japan last year due to an illness, announced on his blog Thursday that he will return to Japan for four concerts in April as part of his "Out There" world tour. (Japan Today)