News On Japan

Rice Thefts Surge Across Japan

GIFU, May 07, 2025 (News On Japan) - Police have launched a public awareness campaign to warn local rice farmers about rampant thefts driven by soaring prices.

The initiative took place at a storage facility run by the agricultural cooperative Minami Hida Hane Farm in Gifu Prefecture, which manages about 25 hectares of rice fields in the area. The harvested rice, which has already been sold, is stored on-site awaiting delivery.

During the campaign, officers from the Gero Police Station distributed leaflets with the message: "Beware of rice thieves!"

A representative from the farm expressed concern: "If the rice we store on behalf of others is stolen, it would be a major problem. Nothing has happened in this area yet, but we are still worried."

Police are urging farmers to take preventive measures, including locking up storage facilities and installing security cameras.

Rice prices in Japan have been rising sharply, driven by a combination of poor weather conditions, shrinking farmland, and surging production costs. Wholesale prices for domestically produced rice have reached their highest levels in nearly a decade, with certain premium varieties seeing even steeper hikes. Farmers cite increasing costs for fuel, fertilizer, and labor as key factors squeezing margins and pushing up retail prices. At the same time, supply has been constrained in some regions due to irregular rainfall and reduced yields, contributing to a tighter market.

Consumer habits are also shifting in response to the price increases. Supermarkets and restaurants are exploring alternatives such as lower-grade rice or imported varieties to control costs, while households are starting to feel the pinch in their grocery bills. The government has taken notice, with the Ministry of Agriculture monitoring the situation and considering measures to stabilize supply and support producers. However, concerns remain that prolonged price pressure could accelerate structural changes in Japan’s agricultural sector, including further consolidation of small farms and an increased reliance on imports. For now, rice remains a staple of the Japanese diet, but its affordability—once taken for granted—is beginning to show signs of strain.

Source: Nagoya TV News

News On Japan
POPULAR NEWS

Large Typhoon No. 25 was moving northwest over waters south of Japan at 3 p.m. on September 19 and is forecast to strengthen as it approaches Kanto and the Izu Islands from September 20 through September 21, bringing the risk of torrential rain, violent winds and further damage in areas still recovering from last year's typhoon.

A black bear has been spotted near one of the most popular hiking trails on Mount Takao in western Tokyo, prompting authorities to urge visitors to take precautions ahead of the five-day Silver Week holiday and the approaching autumn foliage season.

Starbucks is considering selling a majority stake in its Japanese business, potentially valued at as much as $3 billion, or about 470 billion yen, as the U.S. coffee chain seeks to concentrate management resources on its struggling North American operations.

Japan's Halloween Jumbo Lottery went on sale nationwide on September 16, offering a combined top payout of 400 million yen for the first prize and its adjacent-number prizes.

A new top-tier "Supreme Class" offering fully private compartments above the level of Green Car service will debut on the Tokaido and Sanyo Shinkansen on October 1, with passengers able to experience the new seating at a demonstration booth at Shin-Osaka Station.

MEDIA CHANNELS
         

MORE Business NEWS

The yen strengthened by more than 1 yen against the dollar in a short period late on September 18 after the Bank of Japan conducted a rate check, a step commonly taken in preparation for possible intervention in the foreign exchange market.

Tokyo stocks rose sharply on September 18, with the Nikkei 225 climbing to around 65,350 in afternoon trading after the Bank of Japan raised interest rates to 1.25%, as the yen weakened and investors bought artificial intelligence and semiconductor-related shares.

The Bank of Japan raised its policy interest rate from 1.0% to 1.25% on September 18, lifting borrowing costs to their highest level in 31 years as policymakers moved to contain growing inflation risks, but the yen weakened sharply after the decision as markets focused on two dissenting votes and uncertainty over the pace of further increases.

A market spread is generally the difference between two market prices. Most commonly, traders use the term to describe the bid-ask spread: the difference between the highest price a buyer is currently prepared to pay and the lowest price a seller is prepared to accept.

Tokyo stocks rose on September 17, with the Nikkei 225 closing at 64,136, up 213.25 points, as investors bought selected technology, pharmaceutical, insurance and consumer-related shares after the Federal Reserve’s rate hike, though gains were capped by a stronger dollar, renewed yen weakness and caution before the Bank of Japan’s policy decision.

Hakone, one of the Kanto region's most popular tourist destinations, has been left with just two operating gas stations after a series of closures, prompting the town to provide more than 10 million yen in subsidies to help reopen a shuttered facility.

Japan's Halloween Jumbo Lottery went on sale nationwide on September 16, offering a combined top payout of 400 million yen for the first prize and its adjacent-number prizes.

Japan's National Tax Agency is preparing a major overhaul of the way unlisted shares are valued for inheritance tax, a reform that could significantly affect business succession at profitable, asset-rich companies and would mark the first fundamental revision of the rules since they were introduced in 1964.