Calls for Minimum Wage of 1,500 Yen as Key to Japan’s Economic Revival

TOKYO, Nov 02 (News On Japan) - The Japan Association of Corporate Executives has expressed support for Prime Minister Ishiba's goal of raising the minimum wage to ¥1,500 by the 2020s, calling for it to be achieved within three years.

Japan Association of Corporate Executives Representative Director Tsuyoshi Niinami: "I believe that setting the minimum wage at ¥1,500 is a significant litmus test for steering Japan’s economy toward genuine recovery."

On October 31st, Niinami outlined the rationale behind this target, emphasizing the need to drive productivity through increased reliance on tools such as IT and AI (artificial intelligence), which improve efficiency.

Source: ANN

Toyota Unveils Lexus ES and New EV at Shanghai Motor Show

At the Shanghai Motor Show, which opened to the press on April 23rd ahead of its public run from April 27th to May 2nd, Toyota Motor Corporation revealed a series of new models, including a new electric vehicle, as it works to regain ground in the increasingly competitive Chinese market.

What Are the Kamome and Tsubame Tribes? A 100-Year Transformation in Tenjin

This year marks the 100th year of the Showa era. Tenjin, Fukuoka City's central commercial and entertainment district, has transformed remarkably since World War II, evolving into a major shopping hub that continues to attract both locals and foreign visitors.

Naked Man's Rampage Ends in School Break-In

A naked man was arrested after trespassing into a cram school in Saitama Prefecture, with police suspecting his involvement in at least five incidents within 50 minutes, including a fatal hit-and-run and two car robberies.

Foreign Influencer Causes Chaos on Tokyo Trains

A foreign influencer visiting Japan has come under fire after causing disturbances on Tokyo’s rail network and in public spaces, including loud music performances and backflips on station platforms. The individual, an 18-year-old German man with nearly one million social media followers, began posting videos almost immediately after arriving in Japan on April 17th.

Shizuoka Tea Auction Opens New Season with Record Prices

The first auction of the season signaling the arrival of new tea was held on the morning of April 18th at the Shizuoka Tea Market in Shizuoka City, with the highest bid reaching 880,000 yen per kilogram, continuing the trend of high prices into 2025.

MEDIA CHANNELS

MORE Business NEWS

Lunch Costs Up for Third Straight Year

The average weekday lunch spending in Japan rose for the third straight year to a record 485 yen in 2024 -- a 7.3% increase from the previous year -- highlighting how inflation is reshaping workers' midday habits.

Coca-Cola to Raise Prices by 20 Yen to 200 Yen from October

Coca-Cola Bottlers Japan has announced it will raise prices on 217 beverage products starting with shipments on October 1st.

Can Japanese EVs Compete with Tesla and BYD?

The emergence of Taiwanese electronics giant Foxconn has become a key catalyst in the discussion of a potential Nissan-Honda merger. Having grown through iPhone production, the company is now pushing into the electric vehicle (EV) sector, led by a Japanese executive who once held top roles at major Japanese firms.

Tokyo average condo price hits record high in fiscal 2024

The average price of new condominiums in Greater Tokyo has marked a record high for a fourth straight year amid rising costs. (NHK)

Shizuoka Tea Auction Opens New Season with Record Prices

Hokkaido Gas Enters Wind Power with Hybrid Plant

Hokkaido Gas has entered the wind power business for the first time, launching a hybrid power plant that combines wind and liquefied natural gas (LNG) in Ishikari, Hokkaido.

Hokkaido City Thrives on Rapidus 2nm Semiconductor Launch

Rapidus has begun operating a trial production line for cutting-edge 2-nanometer semiconductors this month at its plant in Chitose, Hokkaido. The launch marks a major milestone for Japan’s domestic semiconductor ambitions and has triggered a surge in land prices, new developments, and an influx of related companies into the city.

Consumer Prices Rise 2.7% in Fiscal 2024, Third Year Above 2%

Consumer prices in Japan rose by an average of 2.7% in fiscal 2024, marking the third consecutive year of inflation above 2%—a stretch not seen since the bubble economy era. But despite similar inflation figures, consumer sentiment today is far less optimistic.

< 2 3 4 5 >