News On Japan

Japan’s ‘womenomics’ needs reboot to boost GDP by 15%

Jul 13 (forbes.com) - As Japan mulls how to reinvigorate its economy in the post-Shinzo Abe era, there’s an obvious place to start: gender.

The tragic July 8 assassination of the former prime minister, the longest-serving leader in Japanese history, has been almost reflexively fawning. Fair enough. Yet in days since, new data remind us of the danger of reframing Abenomics as a successful effort to raise Japan’s economic game.

In 2012, Abe took power for a second time. Chastened by how ignominiously the earlier 2006-2007 stint went, Abe returned with James Carville’s “it’s the economy, stupid” mantra from the 1990s running through his head. Arguably no economic priority won Abe greater attention than his pledge to make the female half of Japan’s 126 million people “shine.”

Tokyo’s “womenomics” effort ended up rather dull, instead. On Wednesday, the World Economic Forum ranked Japan 116th in its gender equality index, behind Burkina Faso, Tajikistan and Guatemala (it was 101st in 2012). And most importantly, 14 rungs behind China, 17 behind South Korea and 67 behind Singapore.

Japan does even worse when it comes to gender parity in politics, ranking 139th out of 146 countries. This puts Japan behind Bahrain, Jordan and even Saudi Arabia.

There is, admittedly, some potentially good news to report. In Sunday’s upper house parliamentary election, women grabbed a record 35 of 125 seats, or 28%. The bad news: past milestones of this sort proved to be false dawns as the patriarchy expanded its power. ...continue reading

News On Japan
POPULAR NEWS

A yellow dust storm originating in China has led to the first warning of the year, with forecasts predicting its arrival in Japan, particularly in Hokkaido and the Tohoku region.

For over half a century, Nagasaki Prefecture has waged a relentless battle against biker gangs, groups known for their reckless, illegal street racing that disturbed public order and endangered lives. Now, after years of intensified crackdowns, Nagasaki police have announced the virtual eradication of biker gangs, culminating in the recent disbandment of the last remaining group in January 2025.

Construction has begun on a fence under the Glico sign in Osaka's Minami district, known as 'Gurishita,' to prevent loitering and address crime-related issues.

North Safari Sapporo, which brands itself as 'Japan's most dangerous zoo,' has announced it will close at the end of September, after operating for two decades despite being in an urban planning control zone where development is restricted.

With just one month to go until the Osaka-Kansai Expo 2025 opens on April 13, preparations are nearing completion. Visitors can now get an early glimpse of the atmosphere at the venue, where various pavilions are taking shape.

MEDIA CHANNELS
         

MORE Business NEWS

Nissan Motor says its president and CEO will step down. Uchida Makoto is seen as responsible for the Japanese automaker's worsening business, among other issues.

McDonald's Japan announced that starting March 12th, it will raise prices on 40% of its core menu items, including hamburgers, fries, and nuggets, at select locations.

The redevelopment plan for the former Nakano Sunplaza site has been scrapped due to soaring project costs, causing widespread reaction.

Toyota will halt production at some of its plants starting the morning of March 10th following an explosion at a parts supplier in Toyota City, Aichi Prefecture, that left one person dead and two others injured.

Retail giant Seven & i Holdings has announced it will replace its president Isaka Ryuichi with an outside director. (NHK)

The number of cases involving fraudulent home inspection scams by unscrupulous renovation companies reached a record high in 2024, according to a report by the National Police Agency.

Sekisui House, a major homebuilder headquartered in Osaka, has been found to have underreported its tax obligations related to consumption tax deductions on payments to subcontractors.

Japan’s rice prices have been steadily climbing, with the cost of a 5-kilogram bag rising from 2,430 to 3,297 yen last year and further increasing to 3,949 yen this year, putting pressure on household budgets. To curb these rising prices, the government has decided to release its rice reserves.