Japanese trust products designed to allow gift tax exemptions for grandparents' donations to cover the educational costs of their grandchildren have enjoyed higher popularity than expected since their launch in April 2013.
The total amount of such donations put in trust is likely to top one trillion yen by the end of 2015, when the temporary tax exemptions expire, a top official at the Trust Companies Association in Japan said.
The Japanese government decided the tax exemptions for donations of up to 15 million yen for such education expenses as part of tax system reforms for fiscal 2013.
Shibuya Ward, Tokyo, became on Tuesday the nation's first municipality to adopt an ordinance allowing it to issue certificates recognizing same-sex relationships as being "equivalent to marriage." (Japan Times)
In the wake of the suspicious crash of a Germanwings jet, the transport ministry is moving quickly to require all Japanese airlines to have two crew members in the cockpit at all times during flights. (Asahi)
The Japanese government said Monday it will send up to 142,600 personnel in emergency teams within 72 hours to 10 prefectures that are expected to suffer tremendous damage in the event of a major earthquake at the Nankai Trough off Japan's Pacific coast. (Jiji Press)
Three employees of a nursing home in Nagoya have been arrested on suspicion of physically abusing a 93-year-old female resident and taking a video of their act with a mobile phone, police have said. (Japan Times)
Public prosecutors demanded Tuesday that former Aum Supreme Truth cult member Katsuya Takahashi, 56, be sentenced to life in prison for his roles in the 1995 deadly sarin nerve gas attack on Tokyo's subway system and other crimes by the doomsday cult. (The Japan News)
An elementary school teacher in Hyuga, Miyazaki Prefecture, has been arrested after it was discovered that he had lied to a newspaper reporter regarding the presence of a foreign substance in a rice ball ("onigiri") lunch that he purchased at a convenience store. (Japan Today)
In the first application in Tokyo of a law that seeks to restrict the distribution of sexually explicit content for revenge purposes, police on Friday announced the arrest of a 50-year-old male for releasing illicit images of his former girlfriend, reports the Sankei Shimbun (March 27). (Tokyo Reporter)