Economy of Japan – Page 2 – Author Carlo Carrasco

Japan Immigration Agency Proposes Tougher Requirements And New Pension Rules For Permanent Residency

August 5, 2026August 4, 2026carlocarrasco

In the latest development on reforming immigration in Japan, the nation’s immigration agency proposed tougher requirements and new pension rules for granting permanent residency to foreigners, according to a news report by Kyodo News.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

Japan’s immigration agency on Tuesday proposed tougher requirements for granting permanent residency to foreigners, including requiring applicants to maintain income above the average for Japanese households and a certain level of projected pension benefits.

The proposed guidelines are part of Prime Minister Sanae Takaichi’s push to create an “orderly society” in which Japanese and foreign nationals coexist while cracking down on illegal activities.

The Immigration Services Agency will solicit public comments before implementing the new rules from April 2027.

Permanent residents can remain in Japan indefinitely without restrictions on their activities while retaining their original nationality. Applicants generally must have lived in Japan for at least 10 years to qualify.

It differs from naturalization, through which a person acquires Japanese citizenship.

Under the current guidelines, the three main requirements for obtaining permanent residency are good conduct, sufficient assets or skills to maintain an independent livelihood, and that granting permanent residency is in Japan’s best interests.

The revised rule would require applicants to maintain annual household income above the average for Japanese households, with the benchmark based on several government data sources.

According to a health ministry survey on living conditions released on July 15, for instance, average income per household in Japan stood at 5.75 million yen ($36,500) in 2024.

Applicants would also be required to have projected pension benefits equivalent to those payable after 30 years of enrollment in the employees’ pension program at their income level.

If the projected pension benefits fall short, they will be allowed to cover the difference with their financial assets.

The revised guidelines would also introduce a Japanese-language requirement, with applicants required to demonstrate proficiency at the level of an “independent user.”

While the population of Japanese nationals has been on a downtrend, the number of foreign residents has been increasing as Japan has been accepting more workers from abroad.

As of the end of last year, about 947,000 people held permanent residency status, with many from China and the Philippines.

Permanent residency is currently granted to a spouse of a Japanese national or a permanent residency holder when their marriage has lasted for at least three years, and the non-Japanese spouse has resided in Japan for at least one year.

The proposal would raise the thresholds to five years of marriage and three years of residence.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the proposed tougher requirements and new pension rules make a lot of sense when it comes to the granting of permanent residency to foreigners there in Japan? Do you think the proposals will discourage foreigners from Third World nations like Pakistan, Somalia and Bangladesh from seeking permanent residency in Japan? Do you think the current government of Japan is doing good enough to reform immigration? Do you think that foreigners in Japan who applied for permanent residency and committed a local crime or an act of violence should automatically be disqualified by the government?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Joint Yen-Buying By Japan And America Confirmed

August 4, 2026August 3, 2026carlocarrasco

For the first time in fifteen years, Japan and the United States conducted a joint buying of Yen following the Japanese currency’s continued weakness to the U.S. Dollar which Finance Minister Satsuki Katayama confirmed yesterday, according to a Kyodo News report. The Yen fell to almost 164 to the U.S. Dollar on July 23.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

Japan and the United States conducted coordinated yen buying Friday, Finance Minister Satsuki Katayama said, their first joint market intervention in 15 years, with the two nations ready to act again if necessary.

The intervention during New York trading on Friday came after the yen hit 163.99 to the U.S. dollar on July 23, its weakest level in around 40 years, amid mounting fears about Prime Minister Sanae Takaichi’s expansionary but vaguely funded fiscal policy.

“This joint action was taken pursuant to the U.S.-Japan Finance Ministers’ Joint Statement issued in September 2025 and countered the excessive volatility and disorderly movements of the Japanese yen in recent months,” Katayama said in a statement on Monday.

“The Japanese Ministry of Finance remains attentive and in close communication with our counterparts at the U.S. Treasury. We will not hesitate to conduct a further joint intervention,” she added.

After warnings by Katayama and U.S. Treasury Secretary Scott Bessent of additional action to prevent the Japanese currency from depreciating, the yen briefly surged to the lower 155 level from the upper 157 range on Monday morning.

While joint currency interventions by the countries are usually reserved for emergencies, Japan has been struggling with the yen’s depreciation, which has increased import costs, threatening to accelerate inflation and jack up yields on long-term Japanese government bonds.

Washington is also believed to be wary of rising long-term Japanese interest rates pushing up U.S. rates before the congressional midterm elections in the fall, analysts said.

The previous Japan-U.S. intervention was carried out to stem the yen’s rise after the massive earthquake and tsunami in northeastern Japan in March 2011.

Katayama told reporters in Tokyo that Friday’s coordination between Japan and the United States was aimed at linking Tokyo’s “economic security to its unwavering alliance” with Washington.

She stressed the countries’ “close coordination” since the release of their joint statement last September, which confirmed interventions should be reserved for combating excessive volatility as well as “disorderly depreciation or appreciation.”

Japanese and U.S. authorities have pledged to take decisive action “against disorderly moves at any time,” Katayama said.

Atsushi Mimura, Japan’s top currency diplomat, called the latest coordinated intervention a “completed form” of the Japan-U.S. currency alliance, emphasizing the two countries would continue to respond “without missing a beat.”

Saying Japan “wanted a little bit of help,” President Donald Trump indicated Sunday in the United States that Washington had conducted a yen-buying intervention at the request of Takaichi’s government. He told reporters the action would benefit his nation economically.

He added, “We’re always there for Japan. Japan’s been very good to us, with the exception, of course, of Pearl Harbor,” referring to Japan’s 1941 surprise aerial attack on a naval base in Hawaii that resulted in the U.S. entry into World War II.

In New York on Friday, the yen surged to the lower 157 level against the dollar, with Japanese government sources confirming a yen-buying intervention by currency authorities.

The move came after the yen briefly soared to the 157 range Thursday, gaining nearly 5 yen in about 50 minutes before dropping back to the 160 level, as a result of a currency intervention by Japan later confirmed by market and government sources.

On Sunday, Bessent wrote on social media that the intervention “countered disorderly yen movements,” adding the United States would “not hesitate” to conduct further joint currency intervention with Japan, echoing Katayama.

He also said, “We strongly support Japan’s decisive market and monetary steps to correct the substantial undervaluation of the yen.”

Let me end this piece by asking you readers: What is your reaction to this development? What do you think the joint buying of Yen by the US and Japan will lead to further stabilization economically in the short term? Do you think this joint move will somehow boost both nation’s economies?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Number Of Japanese Nationals Falls Below 120 Million

August 3, 2026August 3, 2026carlocarrasco

The population of Japanese nationals has officially declined to less than one hundred twenty million which is the lowest figure in more than forty years, according to a news report by Kyodo News. Meanwhile, the number of foreign residents has surpassed four million.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

The number of Japanese nationals fell below 120 million for the first time in 42 years to 119,736,483 at the start of this year, the government said Wednesday, underscoring the challenges faced by a nation battling declining birth rates.

The figure as of Jan. 1 showed a drop of 917,000 people from a year earlier, the largest fall since comparable data became available in 1968, according to data from the Ministry of Internal Affairs and Communications.

The number of foreign residents, meanwhile, rose 354,000 to a record 4,031,159. The ministry began compiling relevant data in 2013.

Despite government efforts to reverse the declining birth trend, the country recorded around 670,000 births, a record low, compared with around 1.59 million deaths.

Of Japan’s 47 prefectures, Tokyo was the only one that reported an increase in the number of Japanese nationals, up 0.09 percent.

Faced with labor shortages, Japan has been gradually opening its doors to foreign workers. The number of foreign residents rose for the fourth consecutive year as more people came to Japan in search of job opportunities.

The share of working-age people among foreign residents rose to 86.17 percent.

The prefecture with the largest increase in the number of foreign residents was Hokkaido, at 14.89 percent, followed by Okinawa at 14.36 percent and Oita at 13.90 percent.

Let me end this piece by asking you readers: What is your reaction to this development? What do you think the Japanese government should do to stop the decline of the Japanese population while limiting the growth of foreign residents? Should Japan implement a ban on Islamic immigration as well as a travel ban on nations like Pakistan and Bangladesh?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Japan Considering GPS Tracking Of Stalkers To Prevent Further Harm

August 1, 2026July 28, 2026carlocarrasco

In a serious effort to prevent stalkers from harming more people in their country, the Japanese government is seriously considering GPS tracking on stalkers by means of compelling the perpetrators to wear them and possibly require them to undergo counseling, according to a news report by Kyodo News. It should be noted that cases of stalking in Japan grew dramatically over the past several years.

To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…

Japan on Tuesday compiled emergency countermeasures aimed to prevent further harm and protect victims from stalkers that would include having perpetrators wear GPS tracking devices.

The plans submitted to the ministerial meeting for measures against crime come as the government has been studying international cases where devices have been used to track sex offenders.

The government will also be investigating technologies that enable the miniaturization of said devices and may also revise the current anti-stalking law.

The GPS tracking devices would be utilized for people who have been handed down a restraining order intended to prevent them from stalking their victims, who would be notified if the stalker is close by.

Discussions will be further held to determine whether to limit the target of the devices to more dangerous cases.

Stalking has increasingly come under the spotlight in Japan in recent years, with 3,037 restraining orders in 2025, the highest since 2000 when the current anti-stalking law took effect.

The revisions may also include a requirement for stalkers to undergo counseling.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the Japanese government will come up with strong measures to prevent stalkers from harming more people in Japan? Are you aware that there are now foreign residents (who originated from Third World nations) in Japan who engaged in stalking, trespassing, and the assaulting of women?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Cyberattacks Became Faster And More Sophisticated With AI

July 31, 2026July 27, 2026carlocarrasco

In relation with the recent wave of cyberattacks that impacted several businesses and their customers in Japan, the president of S&J Corp. pointed to artificial intelligence (AI) that made the said attacks faster and more sophisticated, according to a news article by Jiji Press.

To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…

Cyberattacks are becoming faster and more sophisticated with the use of artificial intelligence, Nobuo Miwa, president of Tokyo-based information security service provider S&J Corp., has said in a recent interview.

His remarks came after a series of cyberattacks on major Japanese companies, including frozen food maker Nichirei Corp., household goods supplier Askul Corp. and beverage maker Asahi Group Holdings Ltd., which suffered serious disruptions to their corporate activities due to system failures.

Asked about trends in cyberattacks, Miwa said AI-driven attacks have increased in recent months, shortening the time between the discovery of a vulnerability and the launch of an attack. “Attack programs can be created in the blink of an eye with AI,” he said.

Because Japanese companies have historically faced fewer cyberattacks, many lack adequate defenses, making them attractive targets for cybercriminals, Miwa added.

Let me end this piece by asking you readers: What is your reaction to this development? How do you think Japanese businesses and the government will react to prevent further cyberattacks enhanced by AI? Do you think an international group of hackers or activists or Islamic terrorists could be behind the recent cyberattack wave in Japan? What do you think cybersecurity experts in Japan should do to protect the nation from more cyberattacks?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Japan Determining Lifting Import Prohibition On Fresh US Potatoes

July 28, 2026July 27, 2026carlocarrasco

Fresh potatoes from the United States could potentially enter Japan’s markets this year as the authorities are assessing the quarantine risks and the concerns raised by Japanese potato farmers, according to a news report by NHK World. The Japanese authorities received a request from Washington regarding American potatoes which led to the ongoing assessment.

To put things in perspective, posted below is the excerpt of the NHK World report. Some parts in boldface…

Japan is taking steps that could lead to it fully opening its market to fresh US potatoes, following a request from Washington.

Japan bans imports of raw potatoes due to concerns over pests and disease, except for some sourced from the United States to be used exclusively for potato chips.

The agriculture ministry is currently assessing the quarantine risks posed by American potatoes, the third step in an 11-stage process before all restrictions can be lifted.

Officials plan to complete the risk assessment as early as this summer, and move on to identifying the pests and diseases that need to be dealt with.

Demand for fresh potatoes is rising in Japan, as domestic production has been on the decline.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s agriculture ministry will even allow full market opening to fresh potatoes from the United States? What do you think is the reason why Japan’s domestic production of fresh potatoes has declined?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Japan Attracts Over 21 Million Foreign Visitors In First Half Of 2026

July 23, 2026July 20, 2026carlocarrasco

During the first half of this year, Japan attracted a little more than twenty-one million foreign visitors, according to a news report by VnExpress. What is notable, however, is the fact that Japan experienced its first drop in five years.

To put things in perspective, posted below is an excerpt from the report of VnExpress. Some parts in boldface…

Japan, voted the “world’s most favorite destination” by readers of Condé Nast Traveler last year, received 21.08 million foreign visitors in the first half of the year, down 2% from the same period a year earlier, marking the country’s first decline in inbound tourism for the January-June period in five years.

The drop was largely driven by a sharp decline in arrivals from mainland China after Beijing advised its citizens against traveling to Japan, while strong growth from South Korea helped cushion the decline, Japan Today reported.

Mainland Chinese arrivals plunged 56.4% year-on-year to 2.06 million in the first half, while visitors from South Korea rose 18.6% to 5.68 million, and from Taiwan increased 20.9% to 3.97 million.

Hotel operator Mori Trust forecasts Japan will welcome between 40.5 million and 42 million international visitors in 2026, slightly below the record 42.68 million arrivals recorded last year, The Japan Times reported.

The company said demand for hotel bookings remains strong for the summer and autumn travel seasons, despite airlines increasing fuel surcharges on international flights amid heightened tensions in the Middle East.

Let me end this piece by asking you readers: What is your reaction to this development? With the way it is going, do you think Japan will be able to match the 42.7 million foreign tourists it attracted in 2025? Do you think growth of incoming tourists from South Korea, Taiwan and other nations will heavily offset the lack of Chinese tourists by the end of 2026? Do you consider overtourism a problem for the Japanese?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Japan’s Parliament Enacts National Flag Vandalism Bill

July 18, 2026July 17, 2026carlocarrasco

Japan’s Parliament enacted a bill that would criminalize acts of damaging the national flag, according to a news report by Kyodo News. This new development is the latest legislative victory for Prime Minister Takaichi Sanae whose administration, parliamentary partner and even a few opposition elements submitted it. Those who opposed the bill called it “divisive” and “unconstitutional”.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

Japan’s parliament on Friday enacted a divisive law introducing criminal penalties for desecrating the national flag, achieving a key legislative goal of Prime Minister Sanae Takaichi in the current Diet session.

The ruling parties argued the law was needed because Japan already criminalized desecration of foreign flags but had no equivalent provision covering its own. Some opposition parties and legal experts criticized the measure, saying it may infringe on freedom of expression and could be unconstitutional.

The bill, jointly submitted by the ruling coalition of the Liberal Democratic Party and Japan Innovation Party, along with the opposition Democratic Party for the People and Sanseito, cleared the House of Councillors.

Under the law, individuals who damage, remove or defile the national flag in a way that arouses “strong feelings of discomfort or disgust” in others could face up to two years in prison or a fine of up to 200,000 yen ($1,200).

The penalties mirror existing provisions in the Penal Code on desecration of foreign flags and follow an October agreement between the LDP and JIP identifying the legal discrepancy as one to be resolved.

Parliamentary debate centered on the law’s implications for constitutional rights and what constitutes a punishable act, with the opposition Constitutional Democratic Party of Japan among its critics.

Under the law, whether an act is punishable will be determined based on the circumstances as a whole. LDP lawmakers cited as possible violations stomping on a flag, covering it with mud in a street or park, and soiling it with feces or urine.

Livestreaming the cutting up or burning of a Japanese flag in a private space is also punishable, although a provision making the subsequent sharing of such footage an offense was dropped during negotiations to secure the DPP and Sanseito’s support for the bill.

A supplementary provision calls for a review around three years after the law takes effect to determine whether additional measures are needed in light of developments such as the online dissemination of images of flag desecration.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan’s parliament did the right move enacting the national flag vandalism proposal? Do you believe that desecrating your nation’s flag should be penalized? What is your opinion about the Islamists and Leftists – both foreigners and citizens – in America and Europe who burned national flags so publicly and shamelessly? Did you notice social media posts that captured images of Leftists and woke nuts in Japan who desecrated the Japanese flag?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Japan To Raise Foreigners’ Residency Fees Significantly

July 9, 2026July 3, 2026carlocarrasco

In a clear attempt to cover the administrative costs resulting from the sharp increase of foreign residents in their country, Japan intends to raise foreigners’ residency fees significantly this year, according to a news article by Jiji Press.

To put things in perspective, posted below is an excerpt from the news article of Jiji Press. Some parts in boldface…

Japan announced a draft cabinet order Friday to raise the fees for permission to change temporary residence status and extend the period of stay to up to 75,000 yen from the current 6,000 yen.

The new fees will range from 10,000 to 75,000 yen, varying depending on the length of the period, according to the draft, released by the Immigration Services Agency. The fee to obtain permanent resident status will jump to 200,000 yen from 10,000 yen.

The agency hopes to put the fee hikes into effect in October after a public comment period from Friday.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the planned hike of foreigners’ residency fees are justified and timely? Do you think the plan will deter Third World countries from sending their citizens to Japan as immigrants or as migrant workers? Do you think the hike of foreigners’ residency fees will take effect this October?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Higher Departure Tax And Visa Fees In Japan Implemented

July 3, 2026July 2, 2026carlocarrasco

Since July 1, the departure tax in Japan has been raised significantly covering both Japanese and foreign travelers in what is clearly a move to fund measures against the rising number of issues related with the surge of inbound tourism, according to a news report by Kyodo News. At the same time, visa fees were also raised dramatically.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

The Japanese government on Wednesday tripled the departure tax to 3,000 yen ($18) per person to fund measures against issues arising from the surge in inbound tourism.

Fees for foreigner visitors who need visas to enter Japan were also hiked on Wednesday, rising fivefold to 15,000 yen for single-entry and 30,000 yen for multiple entries. Meanwhile, on the same day, the government reduced passport application fees for Japanese nationals to make up for the added burden from the departure tax.

The tax is collected through travel ticket purchases, regardless of the passenger’s nationality. The government will use the tax income primarily to finance measures aimed at easing congestion, such as setting up designated areas at popular photo spots that are often crowded with foreign tourists.

It will also support regional tourism initiatives, such as turning local railways into tourist attractions and renovating station buildings, in an effort to attract visitors away from heavily congested areas.

Travelers transiting through Japan and staying less than 24 hours in the country, as well as children under the age of 2, are exempt from the tax. Passengers who purchased their travel tickets by Tuesday were charged the original departure tax of 1,000 yen.

Known officially as the international tourist tax, it raised about 49 billion yen in fiscal 2025 ended March and is expected to generate around 130 billion yen in fiscal 2026.

The tax is collected by airlines, cruise lines and travel agencies upon purchase of air and sea tickets departing Japan and remitted to the government, according to the Japan Tourism Agency.

The hike in entry visa fees was the first increase since 1978.

Foreign Minister Toshimitsu Motegi said earlier the fees were raised to reflect inflation and the yen’s depreciation, and that the move is not expected to have an immediate impact on inbound tourism.

Japan’s visa fees had been considered low compared with those charged by other Group of Seven countries.

Let me end this piece by asking you readers: What is your reaction to this development? What can you say about the hiked fees regarding Japanese visa and the departure tax? Do you plan to visit Japan very soon?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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