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July 07, 2026
 

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CONSUMPTION TAX

Prime Minister Sanae Takaichi discusses the consumption tax cut last month before the Feb. 8 election.
BUSINESS / Economy
Feb 9, 2026
Takaichi’s big victory might not be mandate for big spending
Fiscal hawks in the LDP and the bond market are expected to keep a lid on stimulus spending.
Voter frustration over soaring living expenses led to major setbacks for Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party in the last two national elections.
BUSINESS / Economy
Feb 6, 2026
Soaring food bills pose risk to Takaichi’s election prospects
Surveys show inflation is among the most important issues for voters ahead of Sunday’s polls, with about 54% citing it as their biggest concern, according to a Nikkei survey.
Prime Minister Sanae Takaichi giving a campaign speech in Shiroishi Town, Saga Prefecture, on Thursday
JAPAN / Politics
Feb 6, 2026
Takaichi keeps mum on tax cut and Unification Church
Hoping to turn Takaichi’s silence into a focal point of the election campaign, opposition parties have ramped up their criticism.
Voters listen to a speech by Prime Minister Sanae Takaichi in Tokyo on Tuesday, the first day of campaigning for the Feb. 8 Lower House election.
JAPAN / Politics
Jan 29, 2026
Tax and inflation most common social media topics ahead of election
The policy area of consumption tax and rising prices was mentioned most, in some 330,000 posts, over a 17-day period.
Japanese politicians are debating ways to cut the consumption tax on food bought outside of restaurants.
BUSINESS / Economy
Jan 28, 2026
Food consumption tax cut plans have parties crunching the numbers
Reducing the rate to 0% from 8% is popular with politicians but expensive.
Prime Minister Sanae Takaichi and Yoshihiko Noda, co-leader of the newly formed Centrist Reform Alliance, participate in a debate with other party leaders on an internet program on Saturday.
JAPAN / Politics
Jan 25, 2026
Takaichi plays down concerns over feasibility of two-year consumption tax cut
The issue is expected to take center stage in the Feb. 8 Lower House election, as reining in rising prices remains a top priority in the minds of voters.
Prime Minister Sanae Takaichi’s proposed plan to cut consumption tax on food risks undermining Japan's finances in the long term, S&P Global Ratings says.
BUSINESS / Economy
Jan 22, 2026
Takaichi’s plan to cut tax on food may worsen Japan’s finances, S&P says
The remarks come as superlong bond yields log a historic rise after the prime minister said she would lower the sales tax on food for two years if successful in a snap election.
A supermarket in Tokyo in March 2023
JAPAN / Politics
Jan 17, 2026
Takaichi reportedly considers suspending sales tax on food in election pledge
The government and Takaichi’s Liberal ‍Democratic Party will carefully assess the impact on markets before deciding.
Reika Kuroki, who goes by Reika Miyazaki as a social media influencer, has some 500,000 followers on Instagram.
JAPAN / Crime & Legal
Dec 26, 2025
Japanese social media influencer charged with tax evasion
Reika Kuroki, also known as Reika Miyazaki, as well as two other individuals are accused of evading corporate and other taxes amounting to ¥157 million.
Agriculture minister Shinjiro Koizumi has changed course on some economic issues.
BUSINESS / Economy
Sep 24, 2025
LDP presidential candidates get closer to opposition on some economic issues
They have to make more compromises as the ruling coalition no longer has the majority.
Miyazaki Gov. Shunji Kono speaks at a meeting of the National Governors' Association in the city of Aomori on Wednesday.
JAPAN / Politics
Jul 24, 2025
Governors urge central government to address Japan’s shrinking population
During a two-day meeting in Aomori Prefecture, governors called for the establishment of a government agency-level control tower to coordinate related policies.
Upper House votes being counted on Sunday. The Liberal Democratic Party-Komeito coalition lost its majority in the upper chamber of parliament, but could still be effective in thwarting the opposition.
BUSINESS / Economy
Jul 21, 2025
Consumption tax cut not a given even after Upper House election
Political and economic realities suggest that opposition policies will not skate through.
The Bank of Japan may face pressure to avoid rate hikes if opposition parties gain traction in the upcoming Upper House election.
BUSINESS / Economy / ANALYSIS
Jul 14, 2025
Upper House election could further hamper BOJ’s drive to raise rates
Surveys suggest Prime Minister Shigeru Ishiba’s coalition may lose its majority, and empowered opposition parties could pressure the central bank to avoid rate hikes.
Social Democratic Party leader Mizuho Fukushima speaks during an interview on Jun. 27 at the Diet building.
JAPAN / Politics
Jul 3, 2025
SDP campaign to focus on inflation and opposing military expansion, leader says
The SDP exists to prevent people from starving and the country from going into war, said party leader Mizuho Fukushima.
Opposition parties are proposing a consumption tax cut as inflation, especially food inflation, remains high.
BUSINESS / Economy / FOCUS
Jul 2, 2025
Consumption tax cut enters political conversation ahead of Upper House election
The Liberal Democratic Party opposes a reduction in the tax, but opposition parties are in favor of a cut.
Prime Minister Shigeru Ishiba speaks during a news conference in Tokyo on Monday. Inflation in Tokyo slowed in June for the first time in four months as a result of government steps to reduce utility and gasoline prices.
JAPAN / Politics
Jun 29, 2025
Measures to ease inflation must be speedy, says Prime Minister Ishiba
Ishiba has opposed lowering the sales tax ahead of an Upper House election where voters will vote on the performance of his minority government.
Major department stores are doing their best to cater to foreign customers, but it’s unclear if it will lead to more sales.
BUSINESS / Companies
Jun 27, 2025
Department stores’ tax-free sales drop as tourists’ shopping patterns change
Greater foreign tourist diversity has led to a change in shopping priorities, the executive of the Japan Department Stores Association said.
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks during an interview at the party's headquarters in Tokyo on Wednesday.
JAPAN / Politics
Jun 27, 2025
Ahead of election, CDP chief vows ‘responsible’ tax cut
“Measures to cope with rising prices will be the biggest focus (of the July 20 House of Councilors election),” Yoshihiko Noda said.
Yuichiro Tamaki, leader of the Democratic Party for the People (center right), and others on Tuesday at the Diet building after announcing their campaign promises for the upcoming House of Councilors election.
JAPAN / Politics
Jun 17, 2025
Japan’s opposition DPP pledges lower taxes and higher take-home pay
The Democratic Party for the People also emphasized support for young people and the working generation, proposing to double the budget for child-rearing and education.
A tax-free shop in Kyoto in April 2024. Last week, members of a Liberal Democratic Party study group drafted a proposal seeking to scrap the country's tax-free shopping system altogether.
JAPAN / Politics / FOCUS
Jun 5, 2025
Japan eyes tougher rules for foreign residents and tax hike for tourists
Ideas range from stricter driver’s license tests for foreign nationals to increasing taxes on foreign visitors.
Japan might be giving the currency market the silent treatment
Finance Minister Satsuki Katayama has issued verbal warnings recently using the same language and the same tone, saying authorities “will take appropriate action at any time, as necessary.”
Murakami says his novels are ‘different’ from AI literature
Haruki Murakami's first book in three years hit shelves in Japan on Friday.
Suspected Asian fraud ring exec served fresh warrant in Japan
The Tokyo Metropolitan Police Department and Osaka Prefectural Police have issued arrest warrants for three people, including a suspected fraud network leader, over alleged immigration and residency violations.
Japan needs caregivers. Young Indians are answering the call.
Young people in India's northeast are increasingly studying Japanese in hopes of building new lives and careers in Japan.
Tokyo hospital baby hatch accepts 20 newborns in first year
Hitoshi Kato (left), head of San-ikukai Hospital in Tokyo's Sumida Ward, speaks during a news conference at the Tokyo Metropolitan Government building on Thursday.
Japan needs caregivers. Young Indians are answering the call.
Young people in India's northeast are increasingly studying Japanese in hopes of building new lives and careers in Japan.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.
Filmmaker explores history of discrimination against foreign nationals in Japan
Takashi Nishihara, the director of "Now and Then," in Tokyo on Wednesday. The director has spent 10 years traversing politically charged terrain while exploring youth-driven grassroots political movements that scrutinize the status quo.
Japanese nail salons are tourists’ new obsession
Tourists in Japan have always been interested in quintessentially Japanese approaches to modern culture, and, increasingly, visits to nail salons have become the new hot thing.
Okinawa’s prized seaweed under threat as oceans warm
Local harvesters gather <i>mozuku</i> during low tide at Hyakuna Beach in the city of Nanjo, Okinawa Prefecture. As the planet warms, rising ocean temperatures are placing increasing pressure on the seaweed industry.

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