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Japan to Raise Income Tax Threshold to 1.68 M. Yen

  • Category:Other
NIPPON
 
The Japanese government and ruling parties are considering raising the minimum taxable income threshold from the current 1.6 million yen to 1.68 million yen in 2026, it was learned Thursday.
 
The minimum taxable income level represents the combined amount of basic deductions, applied to...

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Japan FY 2025 Extra Budget Set to Be Enacted

  • Category:Other
NIPPON
 
The Japanese government's fiscal 2025 supplementary budget bill is now set to be enacted during the ongoing extraordinary Diet session, which ends on Dec. 17, as two opposition parties are expected to support it.
"We'll vote in favor of the bill," Democratic Party for the People chief Yu...

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Junichi Hanzawa Expected to Be Promoted to MUFG President, Group CEO Hironori Kamezawa to Become Group’s Chairperson

  • Category:Other
JAPAN NEWS
 
Mitsubishi UFJ Financial Group (MUFG) has started final coordination to promote MUFG Bank President Junichi Hanzawa to group president and the bank’s Senior Managing Executive Officer Masakazu Osawa to bank president.
MUFG President and Group CEO Hironori Kamezawa is expected to beco...

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Japanese Company Selling Bear-Proof Automatic Doors

  • Category:Other
JAPAN TODAY
 
The spate of bear encounters in Japan has certainly been surprising for many reasons, but one thing that caught my attention especially is that they seem pretty good at using automatic doors.
▼ Just struts in like it’s no big deal
https://youtu.be/F_ILrkdJ4J8
▼ This one struggled a ...

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Japan Diet Begins Debate On Huge Extra Budget, Increasing Fiscal Concerns

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KYODO NEWS
 
Japanese lawmakers on Monday began deliberations on an 18.3 trillion yen ($118 billion) extra budget for this fiscal year, with Prime Minister Sanae Takaichi's drastic spending plans fueling concern over a further deterioration in the country's fiscal health and pushing up long-term ...

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Sagawa Express Partially Suspends Deliveries Due To Black Friday Overload

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JAPAN TODAY
 
Sagawa Express Co, a major Japanese parcel delivery service, suspended cargo collection in parts of the country on Thursday due to capacity overload following a surge in parcels from online Black Friday sales.
It is the first time the firm has halted package acceptance over such a w...

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Japan’s Nikkei Stock Average Ends at 3-Week High as Robot Makers Surge on Physical AI Bets

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JAPAN NEWS
 
Japan’s Nikkei share average closed at a three-week high on Thursday, extending its rally for a third session, as robot makers led gains on bets that physical AI will fuel growth.
The Nikkei .N225 climbed 2.33% to 51,028.42, its highest close since November 13. The broader Topix .TOP...

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Japan Shifting to Growth-Oriented Economy: Takaichi

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NIPPON
 
Japanese Prime Minister Sanae Takaichi on Wednesday said that the Japanese economy is gradually shifting from a cost-cutting economy under deflation to a growth-oriented economy.
"We will aim to increase tax revenue without raising tax rates" based on the administration's "responsible an...

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Japan to Expand Tax Incentive for Firms Moving Out of Tokyo

  • Category:Other
NIPPON
 
The Japanese government and the ruling bloc are considering expanding the deductible amount under a corporate tax break program designed to encourage more firms to relocate their headquarters functions from Tokyo's 23 special wards to regional areas, it was learned Tuesday.
The deadline ...

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Japan Gov't Task Force Starts Talks On Tighter Crypto Asset Regulations

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JAPAN TODAY
 
A task force under Japan's financial watchdog has begun discussions to tighten rules on crypto assets, including measures against insider trading and steps to protect users, as authorities seek to crack down on illicit deals amid growing demand for the assets as investment products....

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