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DARK SECRETS: 36 | Vintage Vibes

Eyeing China, Japan lifts longtime restrictions to allow major defense buildup

The policy change is widely seen as a major step toward rearming Japan more than seven decades after its demilitarization after World War II.

WEKU

Commentary: China is pushing a pacifist Japan into building up its military capabilities

Japan isn’t known for being an aggressive country in the world of foreign affairs. Successive Japanese governments have taken pains to emphasize their peacelike nature, a direct consequence of Tokyo finding itself on the losing side of the most horrific war of the 20th century. Japan’s constitution renounces the use…

Chicago Tribune

Pacifist Japan unveils unprecedented $320 billion military build-up

Japan said on Friday it would begin a once-unthinkable $320 billion military build-up that would arm it with missiles capable of striking China and ready it for a sustained conflict as regional tensions and Russia's Ukraine invasion stoke war fears.

Reuters

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Takaichi defends opposition to tax hike

Economic security minister Sanae Takaichi on Tuesday defended her tweet opposing Prime Minister Fumio Kishida's plan to raise taxes in conjunction with an increase in defense spending, declaring she "did not say anything wrong."

The Japan News/Yomiuri

Factbox: What will Japan's military build-up look like?

Japan is expected to unveil a new national security strategy on Friday along with details of its biggest military build-up since World War Two, in a marked shift away the pacifism that has dominated its political discourse for seven decades.

Reuters

Analysis-Japan's Kishida walks tightrope to redemption with planned defence splurge

Boosting military spending may be Japanese Prime Minister Fumio Kishida's best hope of reviving his sinking popularity, but there is a catch, analysts say: paying for it with unpopular new taxes could undermine an already wobbly premiership.

Reuters

Kishida shows mettle as relief bill passes

The extraordinary session of the Diet that came to a close Saturday was shaken by the resignations of three Cabinet ministers, an unusual development that was problematic for Prime Minister Fumio Kishida.

The Japan News/Yomiuri

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Bill to help Unification Church victims passed into law

A bill intended to prevent damage from unscrupulous solicitations for large donations by groups such as the Unification Church was passed into law Saturday by a majority vote in the House of Councillors.

The Japan News/Yomiuri

Japan enacts law to help Unification Church donation victims

Japan’s parliament has enacted a law to restrict malicious donation solicitations by religious and other groups, which mainly targets the Unification Church, whose fundraising tactics and cozy ties with the governing party caused public outrage

The Independent UK

Corporate tax hike eyed to cover planned rise in defense spending

A possible corporate tax hike has become the focus of attention for the government and the ruling parties as they look for a stable source of funds for a planned defense spending increase, according to sources. They also plan to discuss the idea of targeting the corporate tax hike at…

The Japan News/Yomiuri

Japan to jointly develop new fighter jet with UK, Italy

Japan has announced it will jointly develop its next-generation fighter jet with the U.K. and Italy

The Independent UK

Kishida: Samurai Blue surprised world

The Samurai Blue may have been defeated by Croatia in the round of 16 at the FIFA World Cup soccer tournament in Qatar, but they have left their fans satisfied.

The Japan News/Yomiuri

Govt seeks 1 trillion yen tax revenue boost for defense upgrade

Prime Minister Fumio Kishida instructed the Liberal Democratic Party and its ruling coalition partner Komeito on Thursday to consider ways to increase annual tax revenues by about 1 trillion yen by fiscal 2027 to fund a drastic enhancement of the nation's defense capabilities.

The Japan News/Yomiuri

Legislation on soliciting donations passes lower house

A bill prohibiting unscrupulous solicitations of large donations by groups such as the Unification Church was passed by a majority vote at a plenary session of the House of Representatives on Thursday.

The Japan News/Yomiuri

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The Guardian - AU

Japan’s lower house tightens religious donation rules amid Unification church controversy

Prime minister Fumio Kishida has seen approval ratings plummet since ties between LDP and the church were exposed

Reuters

Most Japanese firms don't support PM Kishida, citing leadership, prices

Managers at nearly two-thirds of Japanese companies have lost confidence in the administration of Prime Minister Fumio Kishida, citing dissatisfaction over his effectiveness and handling of inflation, according to a Reuters monthly survey.

The Japan News/Yomiuri

Kishida argues for bill on large donations

A bill meant to remedy and prevent damage as a result of large donations to religious organizations has been submitted to a plenary session of the House of Representatives for deliberation.

The Japan News/Yomiuri

43 trillion yen. on defense over next 5 years

Prime Minister Fumio Kishida has instructed his defense and finance ministers to earmark a total of about 43 trillion yen for defense spending under the nation's Medium Term Defense Program over the five years from fiscal 2023.

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The Independent UK

Japan aims to boost 5-year defense spending to $318 billion

Japan has set a new target for military spending over the next five years to $318 billion, or 1.5 times the current level, as the country seeks defense buildup including the use of preemptive strike

Reuters

Japan cautious on capital gains tax; must stick to increasing defence

Japan should avoid rushing into raising capital gains tax as doing so could send a wrong message to markets when Japan is encouraging financial investment, a senior government official said on Sunday.

Caixin Global

World Leaders Pay Respects to Former President Jiang Zemin

Condolence letters have poured in from Russia’s president, the top U.S. envoy to China, and the Singaporean and Japanese prime ministers

The Japan News/Yomiuri

Kishida congratulates Moriyasu after game

Prime Minister Fumio Kishida congratulated the Samurai Blue for winning their FIFA World Cup match against Spain early Friday morning that allowed them to advance to the tournament's knockout phase.

Reuters

Japan eyes 40 trln-43 trln yen for 5-year defence spending plan -sources

Japan is set to earmark 40 trillion to 43 trillion yen ($295 billion-$318 billion) for defence spending over five years starting in the next fiscal year, which begins in April, three sources with knowledge of the matter told Reuters on Friday.

The Japan News/Yomiuri

Up to 500 Tomahawk missiles sought for defense by FY27 / Aim is to speed up counterattack capabilities enhancement

Purchases of up to 500 U.S.-made Tomahawk cruise missiles by fiscal 2027 are being considered by the Defense Ministry, as it seeks to accelerate preparations for the possession of counterattack capabilities, sources said.

The Guardian - AU

‘A form of self-destruction’: Japan weighs up plan to expand nuclear power

Japan’s prime minister is pushing for as many as 17 nuclear reactors to be switched back on, more than a decade on from the meltdown at Fukushima

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