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 16-year-old girl in the city of Sasebo, Nagasaki Prefecture, suspected of killing and dismembering a high school classmate did not hold a grudge against the victim, investigative sources said Tuesday, retracting an earlier view that there may have been personal problems between the two. (Japan Times)
A record high 13.5 percent of existing housing units in Japan were vacant as of last Oct. 1, up 0.4 percentage point from five years earlier when the survey was last conducted, the government said Tuesday. (Kyodo)
McDonald's Holdings Co. (Japan) apologized Tuesday for a recent scandal over chicken meat provided by a Chinese producer, promising to do "whatever it takes" to ensure the safety of food on its menu. (Kyodo)
On July 7, Tokyo Metropolitan Police arrested 30-year-old Ikki Jin for allegedly slipping a sleeping powder into an alcoholic drink consumed by a 23-year-old male and robbing him of a total of 350,000 yen in cash and valuables in February. (Tokyo Reporter)
Coverage of Hyogo prefectural assemblyman Ryutaro Nonomura's July 1 televised tantrum is finally winding down in the mainstream media. But on the Internet, where a YouTube video of his press conference registered over 2 million views in just two days, it's still going strong. (Japan Today)
During her first court hearing at the Tokyo District Court last week, Kasumi Tochinai, a former employee at staffing agency Pasona who has been charged with possession and use of stimulant drugs, came up with a few creative explanations for how she could have tested positive for illegal chemicals in her system. (Tokyo Reporter)
A series of anonymous murder confessions were posted on the popular 2channel Internet forum Saturday evening, prompting police to investigate their possible link with the death and dismemberment of 15-year-old Aiwa Matsuo in Sasebo, Nagasaki Prefecture. (Japan Times)
Eleven people died, one person remains unconscious and two are missing after water-related accidents across Japan over the weekend, police and Fire and Disaster Management Agency officials said Monday. (Japan Today)