News On Japan

Japan Household Spending Falls for 10th Straight Month

TOKYO - Household spending in Japan fell 6.8% in September from a year earlier, marking the 10th consecutive month of decline and the sharpest drop since September 2020, when consumer activity was severely disrupted by the COVID-19 pandemic, according to government data released on November 10.

The Ministry of Internal Affairs and Communications said its latest Family Income and Expenditure Survey showed that average monthly consumption expenditure among households of two or more people stood at 289,536 yen in September. The 6.8% decline was calculated in real terms, excluding the effects of price changes.

The figures highlight continued weakness in household consumption, with spending falling across major categories including food, entertainment and leisure activities.

Food expenditure, which accounts for a substantial share of household budgets, declined 2.5% in real terms from a year earlier, while spending on culture and recreation dropped 8.7%, reflecting reduced consumer activity during the month.

Weather conditions also weighed on spending, as typhoons and record-breaking heavy rainfall in eastern Japan discouraged people from going outdoors and reduced opportunities for shopping and leisure activities.

Lower temperatures associated with the unsettled weather contributed to reduced spending on beverages and electricity, further pulling down overall household consumption.

The ministry attributed part of the decline to the prolonged impact of severe weather during August and September, noting that consumers had fewer opportunities to make purchases as heavy rainfall kept people at home.

"During August and September, heavy rain caused people to refrain from going out, reducing opportunities to make purchases," the ministry said.

The September figures represent the steepest year-on-year contraction in real household spending in six years, underscoring the vulnerability of consumer demand to disruptions in everyday activities and raising concerns about the strength of domestic consumption.

Source: TBS

News On Japan
POPULAR NEWS

Japan launched a new national disaster management agency on November 2nd to strengthen its response to major emergencies, just days before a powerful earthquake struck Aichi Prefecture, injuring 24 people and renewing concerns over the possibility of a catastrophic Nankai Trough earthquake.

Russia's Foreign Ministry on November 11 defended the government's unilateral decision to place the local subsidiary of Japan Tobacco (JT) under the management of a Russian company, describing the move as a countermeasure against what it called Japan's "blatantly hostile actions."

East Japan Railway (JR East) announced on November 10th that it will introduce touch-free ticket gates at 40 stations, including every station on Tokyo's Yamanote Line, from spring 2028, allowing passengers using Mobile Suica to pass through without taking their smartphones out of their pockets or bags.

Japan's Children and Families Agency unveiled its first national guidelines on November 10th for parental involvement in children's internet use, dividing those aged 0 to 18 into six developmental stages as the government considers tighter regulations on social media platforms to protect young people from online bullying, exploitation, and other growing risks.

As of 3 a.m. on Wednesday, November 11, Typhoon No. 32 was moving east-northeast over waters east of Chichijima in the Ogasawara Islands, gradually heading away from the Japanese archipelago after passing near the island between late Tuesday night and early Wednesday morning.

MEDIA CHANNELS
         

MORE Business NEWS

Japan's Nikkei 225 Stock Average fell about 429 points, or 0.7%, to close near 60,819 on Thursday, November 12, ending a three-day winning streak as reports concerning Nvidia chief executive Jensen Huang triggered heavy selling in semiconductor-related shares, while the broader TOPIX index edged 0.2% higher to around 3,937.

SoftBank Group raised a record 1 trillion yen through bonds aimed at individual investors in September, offering an annual interest rate of 4.75% on seven-year securities as the Japanese technology investment giant seeks to finance massive investments in artificial intelligence and strengthen its cash reserves.

Japan's corporate goods price index rose 7.1% in October from a year earlier, returning to the 7% range for the first time in two months and highlighting persistent inflationary pressures on businesses, according to data released by the Bank of Japan on November 12th.

A survey of more than 20,000 full-time employees in Japan has revealed a significant gap between actual and preferred overtime hours, with workers averaging 23.8 hours of overtime a month compared with an ideal of 14.1 hours, a difference of 9.7 hours.

Tokyo stocks extended their recovery on Wednesday, November 11th, with the Nikkei 225 closing at 61,248.59 points as of 3:30 p.m., up 789.01 points, or 1.31%, from Tuesday, marking a third consecutive session of gains as investors bought semiconductor and artificial intelligence-related shares despite renewed concerns over US inflation and interest rates.

SoftBank Group reported a net loss of 768 billion yen for the six months from April to September, largely due to losses associated with a review of its artificial intelligence data center plans in the United States, but the Japanese technology investment giant said it would continue pursuing its long-term AI strategy despite the financial setback.

Japan's benchmark Nikkei 225 Stock Average surged 1,684.08 points, or 2.87%, to close at 60,459.58 on Tuesday, November 10, 2026, at 3:30 p.m. Japan time, recovering the psychologically important 60,000 level for the first time in three trading sessions as investors bought back artificial intelligence and semiconductor shares following a sharp rebound on Wall Street.

Japan's tofu industry is facing mounting financial pressure, with 39 producers going bankrupt, suspending or closing operations, or dissolving their businesses between January and October 2026, as rising soybean prices and sluggish sales leave nearly 40% of manufacturers operating at a loss.