Society

All English procedures for foreign securities firms in Japan

May 02 (NHKn) - Japan's Financial Services Agency has revised its regulations in a bid to attract more foreign securities firms to the country. They can now complete all procedures for establishing a presence in Japan in English.

Previously, only foreign asset management firms were allowed to use English for the procedures, and securities firms had to use Japanese.

The revision comes after the agency opened a special office with an English-speaking team to help foreign funds and other businesses start operations.

The agency hopes more small- and medium-sized brokerages will set up shop in Japan.

The FSA's director for Asset Management Business, Nakagawa Saiko says "We want to invite more foreign financial institutions and high-level financial human resources to Japan. We hope the results of these actions will be improved asset management, diversification of financial products and financial innovation in Japan."

The government is aiming to secure Japan's position as a global financial hub amid increasing competition from other cities in Asia.

Japan to Introduce Free High School Education Next Year

The Liberal Democratic Party, Nippon Ishin no Kai, and Komeito have reached an agreement on the framework for Japan’s new free high school tuition program, which will begin in fiscal 2026. Under the plan, tuition support for private full-time high schools will be capped at 457,000 yen, while correspondence courses will have an upper limit of 337,000 yen.

Sense of Crisis in World Heritage Shirakawa Village: ‘Never a Year with So Many Bears Before’

Bear sightings have surged across Japan, and in Gifu Prefecture’s Shirakawa Village—home to the UNESCO World Heritage site of Shirakawa-go—local authorities held a nighttime drill on October 28th to prepare for possible emergencies.

Japan Mobility Show Opens, Toyota Unveils Century Coupe

The Japan Mobility Show opened on October 29th, marking the start of Japan’s premier automotive exhibition, where foreign manufacturers are stepping up their entry into the country’s growing electric vehicle (EV) market.

Takaiichi and Trump Emphasize Importance of Japan-U.S. Alliance

Prime Minister Takaiichi’s first face-to-face meeting with U.S. President Trump drew high praise from officials at the Prime Minister’s Office, who described the atmosphere as friendly and open. According to government sources, the two leaders addressed each other by their first names, “Sanae” and “Donald,” a gesture that one senior official called “120 points,” underscoring the success of the meeting.

Woman Found Dead Near Rice Field in Akita, Bear Attack Suspected

An elderly woman was found dead in a roadside ditch in Akita City on October 27th, with police investigating the possibility that she was attacked by a bear. A local resident discovered the woman lying face down in a drainage channel around 11 a.m. and called emergency services.

MEDIA CHANNELS

MORE Society NEWS

Abe Shooting Suspect Admits Murder

The trial of Tetsuya Yamagami, the 45-year-old accused of fatally shooting former Prime Minister Shinzo Abe, began on October 28th at the Nara District Court. While Yamagami has admitted to killing Abe, the central issue now lies in determining his sentence.

Miyakojima’s Paantu Festival: Mud-Covered Gods Chase Away Evil Spirits

The traditional ritual of Paantu, in which masked gods covered in mud ward off evil spirits, took place on October 28th in Miyakojima, Okinawa Prefecture, filling the village with laughter and screams.

Car Crashes Into Dealership in Gunma

A passenger car crashed into a Nissan dealership in Maebashi City, Gunma Prefecture, on October 29th, damaging a total of nine vehicles including those on display.

Trump Meets Japan's Emperor for First Time in Six Years

Emperor Naruhito met with former U.S. President Donald Trump for the first time in six years at the Imperial Palace on October 27th. The two exchanged greetings in English, with the Emperor saying, "I’m pleased to see you again," as he welcomed Trump to the Imperial residence around 6:30 p.m.