Regulatory

Cabinet Approves the FY 2018 Annual Report on Energy (Japan’s Energy White Paper 2019)

The Annual Report on Energy (also known as the “Energy White Paper”) overviews the measures on energy that the Government of Japan conducted in the previous fiscal year, which is submitted to the Diet pursuant to Article 11 of the Basic Act on Energy Policy (Act No. 71 of 2002). On June 7, 2018, the Cabinet approved the Energy White […]

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METI Publishes Report Titled “GLocal Growth Strategy” Compiled by the GLocal Growth Strategy Study Group

The Ministry of Economy, Trade and Industry (METI) established a GLocal Growth Strategy Study Group, aiming to: break through stereotypical ideas that have pervaded Japan, such as “no growth is expected in a society facing a population constraint;” and encourage regional cities and rural areas with a small population at the front line of the declining population issue to establish […]

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Addition of Businesses Required to Submit Prior Notification Concerning Inward Direct Investment

On May 27, 2019, the government of Japan publicized the public notices of the revision of the types of businesses subject to the provisions over inward direct investment, etc. in the official gazette. 1. Outline of the revision Foreign investors that intend to undertake inward direct investment, etc. in specified types of businesses in Japan are required to submit a […]

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TCFD Consortium to be inaugurated

On May 27 (Mon.), 2019, five founders, inducing Mr. Kunio Ito, Professor, Graduate School of Business Administration, Hitotsubashi University, will inaugurate a new body called the “TCFD Consortium” (hereinafter referred to as the “consortium”) as an opportunity for holding discussions on effective corporate information disclosure and efforts for leading disclosed information to appropriate decision making on investment by financial institutes […]

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MEXT Minister submits inquiry to Central Council for Education on Elementary and Secondary School Education in a New Era

MEXT Minister Masahiko Shibayama visited the Central Council for Education on April 17th to submit an inquiry on the following 4 items for elementary and secondary school education in a new era. 1    Modality of compulsory education corresponding to a new era; 2    Modality of higher education corresponding to a new era; 3    Modality of education corresponding to the increasing […]

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Japan-China International Development Cooperation Policy Consultation

On 23 May 2019, the Japan-China International Development Cooperation Policy Consultation was held in Beijing, China. The outcome of the consultation is as follows: This consultation was attended by: from the Japanese side; Mr. Kazuya Nashida, Assistant Minister and Director General, International Cooperation Bureau, and other relevant officials of the Ministry of Foreign Affairs (MOFA), Japan International Cooperation Agency (JICA) […]

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MOFA: Opinion Poll on Japan

The Ministry of Foreign Affairs of Japan commissioned research agencies to conduct an opinion poll on the image of Japan in the United States, Canada, five European countries, Russia and four Central Asian countries from January to February in 2019. The results of the poll are as follows. 1. United States The Ministry of Foreign Affairs of Japan contracted with […]

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METI Nudge Unit Inaugurated

Aiming to improve the effects brought about by implementing its policies, the Ministry of Economy, Trade and Industry (METI) inaugurated a METI Nudge Unit, a new internal project team for making use of a new policy approach based on behavioral economics, also known as “nudge.” In cooperation with experts, METI will design and promote specific nudge projects in certain fields, […]

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