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Japan Business News

[Japan] Japan to modernize its payment system 2019/03/17

March featured business affairs 2019/03/03

[Japan] Japans new departure tax 2019/02/24

Z'xent Pro News & Blog

[Japan] Cashless society is expanded in Japan 2018/12/16

Expand Your Business to Japan 2018/12/02

[Registration]Certificate of Registered Matters for Real Properties 2018/10/28

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[Japan] Japan to modernize its payment system

Personal stamps or Hanko are beginning to lose territory as a mandatory part of transactions in Japan. Hanko, also known as Inkan, became popular in Japan during the Edo Period, and was made mandatory for official documents in 1873. Even today, ...

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March featured business affairs

1.　Accounting(Trends of companies applying IFRS) As of November 2018, the number of Japanese companies applying IFRS reached 197. Companies newly listed under IFRS include SKYLARK HOLDINGS CO., LTD., KOMEDA HOLDINGS CO., LTD., LINE CORPORARTION, WORLD CO., LTD. Some companies decided to ...

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[Japan] Japans new departure tax

For the first time since 1992 Japan has introduced a new tax. This is called the international tourist tax and is set at 1,000 yen per passenger. It is calculated to bring in about 50 billion yen (~$500 million USD) ...

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[Japan] Japanese economy trims 2019 growth forecast to 1.3%

Almost all central bank presidents in major countries said 2019 growth forecast of economy to be slowing down, it seems Japanese economy growth rate gets dull in 2019. In the end of last year's forecast, which was served as the basis ...

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February features business affairs

1.　Accounting(Trends in accounting standards for financial instruments (Part3)) According to the current Japanese accounting standards, a receivable is required to be reported on the balance sheet with an acquisition cost or amortized cost less an allowance for bad debt. Also, an ...

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[Japan] Japans demographic challenge

Although many rich countries have demographic problems, Japan is now perhaps facing the world’s largest demographic challenge. Japan is already a "super-aged nation", which means that more than 20% of the population is over 60 years old. Japan's prime minister, Shinzo ...

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[Japan] Bank of Japan program maintains Japanese economy

Last Wednesday, The Bank of Japan (=BOJ) set down their infration forcast, however remain the stimulus program for maintaining current economy growing up ratio. BOJ governer Haruhiko Kuroda warning of growing risks to the economy from trade protectionism and ...

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[Japan] Niseko, one of the most remarkable city in Japan

As you might have already known, Niseko – a tiny town in Hokkaido – has grown up as one of the most renowned ski reports in the world. It was ranked in the top 10 ski resorts of the world ...

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January featured business affairs

1.　Accounting(Trends in accounting standards for financial instruments (Part2)) The ASBJ has undertaken to develop revision (amendments) on the accounting standards for financial instruments. Under current Japanese GAAP, securities that are deemed to have an extremely difficult to grasp market value, ...

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[FTA] Green light for EU`s free trade deal with Japan

Green light for EU`s free trade deal with Japan The EU Parliament approves `world`s largest` free trade agreement with Japan and it is expected to go into force already in February 2019. "Extremely important", says EU`s trade commissioner Cecilia Malmström since ...

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