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 administration of Russian President Vladimir Putin has drafted legislation for providing one hectare of land per citizen in the Far Eastern part of the country, including four northwestern Pacific islands disputed with Japan. (Jiji Press)
A total of 11,672 people were taken to hospitals by ambulance due to heatstroke in the nation from July 27 to Sunday, the biggest weekly total since comparable records began in 2008, and 25 of them died, the Fire and Disaster Management Agency said Tuesday. The report shows preliminary figures. (The Japan News)
Officials at Japan's Meteorological Agency launched a system on Tuesday to issue faster warnings about volcanic eruptions. The move comes after Mount Ontake erupted in central Japan last September, killing 58 people. (NHK)
Tokyo Metropolitan Police on Tuesday arrested a 33-year-old painter for allegedly stabbing a man he suspects was engaged in an affair with his wife, reports the Sankei Shimbun (Aug. 4). (Tokyo Reporter)
Tokyo Metropolitan Police on Monday arrested a 24-year-old male believed to be involved in a series incidents in which he slashed the skirts of female passengers inside train cars, reports TBS News (Aug. 3). (Tokyo Reporter)
A fire occurred on an MOL Ferry Co. ferry about 55 kilometers off Tomakomai, Hokkaido, northern Japan, on Friday evening, leaving a crew member missing, according to the Japan Coast Guard and the operator. (Jiji Press)
Jimmy Page, the guitarist of the legendary British rock band Led Zeppelin, on Thursday visited Hiroshima and laid flowers for the victims of the U.S. atomic bombing of the city 70 years ago. (Japan Times)
The average life expectancy for Japanese women rose to a record high of 86.83 years in 2014 from 86.61 years the previous year, marking the world's longest for the third straight year, government data showed Thursday. (Jiji Press)