New wave of price hikes, tax-related rule changes await Japan in October

Strengthen the yen, and this will bring down the cost of imports.

But to do that you must light fire the old men who are holding the interest rates and or lack of hostage.

Yes, because more taxes are the solution???

Be careful Japan! I am self employed and employ 5 staff. Last year the govt took 70% of my income away in various taxes. If it becomes higher than that I am better off shifting my business to a nearby country with my staff then unemployed.

This, in turn, threatens to dent consumer sentiment when real wages are not rising.

This article states the truth while other quoting economic thinktanks and government bureaus say they are rising. Curious.

Companies that pay for the social insurance premiums of such employees will receive up to 500,000 yen per worker.

The government will pay companies to offset employee tax burdens. Talk about robbing Peter to pay Paul, with Peter being the workers being squeezed and Paul the companies.

Anything to avoid putting money in worker's pockets and increasing their spending power.

The LDP neo-feudal agenda chugs onward.

Rising prices next month?

The ‘inflation-is-good’ mantra that was endlessly repeated from a few years back, doesn’t have people dancing in the streets does it?

And instead of making the tax system simpler, the bureaucrats and politicians are making it more complex

Japan is a complete ‘expensive’ mess!

Disapponted and even furious but not surprised.

I am seeing every other item on the shelves increasing in price every week. But nobody at work, I mean not a single Japanese soul at my companiy never mentioned or complained about increasing prices. Like, they dont care?

If workers dont make a noise, companies do not care, do not think about wage hike. But for Japanese people all seems to be good. I guess they are sitting on some sort of hoard.

JPY is 150 against USD. That's like 40% weaker compared to 2 years ago.

Japan becoming a third world country at this rate and keeping the inflation going and you will have a lot of unhappy unhealthy miserable people all over japan eating cup of noodles every day. And you will have people buying less food so stop trying to empty out the citizens bank with food prices. They need increased a pack of cigarettes to a 1000 yen too.

At this point, I am thinking of maybe camping at the doorsteps of the BOJ and do some kind of protest. Japanese wont, so any foreigner volunteers to join?

These days it is almost impossible to find a place with 1,000 yen or less lunch set. Used to be plenty of good lunch options a couple of years back.

This article should be taped to the collective forehead of anyone in the committee tasked with raising the number of childbirths.

These days it is almost impossible to find a place with 1,000 yen or less lunch set. Used to be plenty of good lunch options a couple of years back.

Visit Kyushu. Still cheap. But wages are literally clogging up the pipes they are so far in the toilet

ChabbawangaToday  05:34 pm JST

Visit Kyushu. Still cheap. But wages are literally clogging up the pipes they are so far in the toilet

Yeah lived there 7 years ago. My part-time hourly wage was 720 yen

I fee for the lower wage earners. Can you imagine being an ALT now for one of the 2 outsource companies who haven’t changed their salaries in years. And who don’t pay even insurance for their staff? These price increases hit the lowest income earners the hardest. The government tries to blame cost of protects etc. but then raises taxes on the goods adding if not causing the problem to start with. It’s amazing how little people can save now in Tokyo.

Yeah lived there 7 years ago. My part-time hourly wage was 720 yen

Currently averaging around 880, with Fukuoka slightly higher.

A one-day high-season ticket for Tokyo Disneyland, currently 9,400 yen per adult, will cost 10,900 yen. 

We're clealy headed for the abyss

Tell_me_bout_itToday  05:24 pm JST

Disapponted and even furious but not surprised.

I am seeing every other item on the shelves increasing in price every week. But nobody at work, I mean not a single Japanese soul at my companiy never mentioned or complained about increasing prices. Like, they dont care?

If workers dont make a noise, companies do not care, do not think about wage hike. But for Japanese people all seems to be good. I guess they are sitting on some sort of hoard.

JPY is 150 against USD. That's like 40% weaker compared to 2 years ago.

-3( +7 / -10 )

Spot on Japanese are too passive and accept anything. You get what you negotiate not what you deserve.

Good idea to go camping in front of the BOJ! Policies which are too one-sided and extreme usually lead to disasters. It is like they no longer have brains and always do and say the same things even if it obviously does not work.

The electric and gas government subsidies have ended. 20% increase again.

Soon, the caption picture (to these articles) will be:

‘A woman cannot afford to shop at a supermarket in Tokyo’

While concerns are growing about rising COVID-19 cases in Japan, people who receive treatment will need to shoulder some medical costs, including paying up to 9,000 yen for antiviral drugs, as the legal status of the novel coronavirus was downgraded to the same level as seasonal flu.

This is a largely meaningless comment, being regurgitated here again for maybe the 5th or 6th time, possibly more. More than likely copy-pasted from one of the other articles!

The overwhelming majority of people who catch COVID, present company included, did not, or do not, receive this antiviral drug for treatment of COVID. In fact , people get nothing more than a fever reducing medicine and or a cough medicine, and their own system fights off the infection!

It is tiresome to say the least in seeing this repeated ad naseum!

Japan is screwed.

No mention that the ever popular (in my household at least) Happoshu will end up at the same price as the real thing.

Talk about taking a hit!!

gary

These hikes are really going to help struggling families and encourage more people to have children-good job mr Kishida..

Lots of "good" news on a Friday night when fewer people are paying attention.

Who can afford to raise a family now, with this going on?

hmmm wonder why young people don't want to make babies

My guess is Kishida plans to dissolve the Lower House for a general election before the news gets any worse.

That's how the LDP thinks. It's beyond pathetic, but people get the governments they deserve.

LDP regime more increases burden of low income general public to reduce corporate tax, give more preferential treatment to large corporations and get contribution from corporations.

Poverty expands, school lunch are stopped or reduced, people including children who cannot but rely on private food aid have increased, many elderly facilities face more difficulties, it victimize even the lives.

But the LDP regime has no intention to solve social poverty and inequality fundamentally.

On the income side, the minimum wage is set to increase gradually, with the national hourly average topping 1,000 yen for the first time.

Wow! I can now earn as much as I did when I was a high-school student washing dishes in a Chinese restaurant in New York in 1986.

That's progress!

Asahi super dry will be a bit cheaper. Good news for me.

All seems doomed !!!

the minimum wage is set to increase gradually, with the national hourly average topping 1,000 yen for the first time.

McDonald's and other fast-food joints are paying over 20.00 US dollars in California.

Why can't they do that in Japan? Makes no sense.

McDonald's and other fast-food joints are paying over 20.00 US dollars in California.

Why can't they do that in Japan? Makes no sense.

The minimum wage should be around 3,000 yen an hour. Japan is getting poorer by the day, but most Japanese won't know this unless they travel abroad.

Spot on Japanese are too passive and accept anything. 

that is the number one problem in n japan. Afraid to fight for freedom yet they think helping a Ukrainian is cool but can’t help themselves…

I fee for the lower wage earners. Can you imagine being an ALT now for one of the 2 outsource companies who haven’t changed their salaries in years.

Not really. They come to Japan for an experience for a year, it's not a career job. Anyone that goes to university and then goes on to accept a job for $USD 20k needs their head looking at.

If you’re from Europe or the U.S. you’re honestly making a pretty bad decision staying in Japan. With how much the value of the yen has dropped and how expensive things are getting you have to accept you’ll always be poor compared to what you could be achieving back home.

how the GOV knew about this 4500 item hike?? because it was orchestrated!!!

the yen will be new toilet paper soon. and remember the inflation will never go down, never!!!

just the beginning of the kamikaze's last move....

Wages are crap in Japan, but the cost of living is also low compared to more advanced countries.

Oh NO, Disneyland price hike. What are we going to do, the end is nigh.

Oh NO, Disneyland price hike. What are we going to do, the end is nigh.

Yeah and if folks have the money to spend on Disneyland, these other price hikes are not going to matter!

The people that are getting hurt are the one's who can only dream about going to Disney!

The real crime is that Japan was told it needs inflation to be at least 2%, but I think a lot of people also assumed that it would mean that interest rates would also increase and maybe, just maybe they could get some kind of return on their savings. But no, as inflation is skyrocketing and I don't believe the gov't numbers, interest rates are still in the negative. So people are just being crushed from both ends.

Japan LDP is happy since they see the debt getting lower thanks to inflation with more taxes collected and still nearly zero rate interests.

Tell_me_bout_it

Sep. 29 05:30 pm JST

These days it is almost impossible to find a place with 1,000 yen or less lunch set. Used to be plenty of good lunch options a couple of years back.

Serious, how come I see so many places in aichi with lunch set around 700-800?

AlbertToday  04:18 pm JST

Serious, how come I see so many places in aichi with lunch set around 700-800?

reduce the size of food...