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.
The Supreme Court dismissed Thursday a lower court ruling that nullified suspensions and other disciplinary action against two male members of a company in Osaka due to sexual harassment in the workplace. (The Japan News)
Luxury marque Montblanc is to sell fountain pens made from a "miracle pine" tree that survived the 2011 tsunami, for a hefty $4,400, an official said, with just 20 percent of takings donated to local people. (AFP)
The mobile phone records of a 13-year-old boy who was found fatally stabbed last week along the Tama River in Kawasaki show the Line messaging app was used to contact a former schoolmate just around the time he was killed, it was learned Thursday. (Japan Times)
Being the unofficial patron saint of "natto" has proven to be sticky for Nebaaru-kun. The private-sector mascot for Ibaraki Prefecture was largely unknown until its appearance on TV last year, generating a buzz on the Internet with its eerie movements and high-pitched voice. (Asahi)
A gas explosion at the construction site for a senior citizens' home in Odate, Akita Prefecture, has left one man unconscious and in a critical condition. Police said the shock wave from the explosion was so powerful that windows at a nearby elementary school were shattered. (Japan Today)
With the exception of the girls at a few high schools with especially generous male student bodies, women don't usually receive presents for Valentine's Day in Japan. Instead, it's the guys who get gifts, returning the favor one month later on March 14, White Day. (rocketnews24.com)