Wary of Abenomics, wives cut husbands' pocket money
Wall Street Journal -- Aug 29
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.
Japan's Supreme Court has upheld the petition of a female-to-male transgender man to be recorded on the official family registry as the father of a boy born to his wife after the use of semen from a donor, it was learned on Wednesday. (Jiji Press )
Japan is likely to achieve its goal of drawing 10 million foreign travellers in 2013 as government data showed Wednesday that the number of foreign visitors to Japan totalled about 9.5 million between January and November. (Bangkok Post )
Japan will set up a new amphibious military unit and deploy unarmed surveillance drones in its southwest, where it faces a row with China over disputed islands, according to drafts of the nation's latest defence plans seen on Wednesday. (Reuters )
The number of shoplifting cases accounted for nearly 10 pct of all criminal offenses recognized by Japanese police, with the rate increasing, a National Police Agency survey showed Wednesday. (Jiji Press )
A 43-year-old woman and other six boys and girls aged 14 to 18 years have been arrested by police in the western Japanese prefecture of Hyogo in connection with the abuse of a 15-year-old junior high school student, local press reported on Tuesday. (Global Times )