Japan's national wealth reaches ¥4,158 trillion by end of 2023.

National wealth reached a record high in 2023, growing to ¥4,158.4 trillion due to rising land and stock prices.

National wealth is booming! For the eighth year in a row, we hit a record high in 2023, all thanks to rising land and stock prices. Our net assets, which include everything from properties to stocks, climbed to a whopping ¥4.16 quadrillion ($26.8 trillion), marking a 4.1% increase from 2022. Households are loving it, with their net assets reaching a new high of ¥2.97 quadrillion, up 3.7% for the fifth straight year. And it gets better—central and local governments saw a staggering 44.2% increase in their net assets, hitting ¥258.8 trillion. Financial institutions are also riding the wave, expanding their assets by 32.3% to ¥124.9 trillion as stock prices thrive amid the yen's weakness. It's a great time to be part of this economic growth!
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Japan advocates drug education to combat cannabis abuse.

Japan's new cannabis laws impose up to seven years in prison for marijuana use, targeting rising abuse among youth.

Man dies before ruling on sexual assault case involving multiple women.

A 76-year-old man, Hirohito Shibuya, died before a court ruling on his sexual assault case, suspected of suicide.

Japan to reveal names of harmful AI companies.

The Japanese government plans a bill to disclose businesses using AI for malicious purposes while avoiding penalties to support competitiveness.

Pikachu recharges with new adorable Pokémon Sketch T-shirts by Pokémon and Uniqlo.

Uniqlo unveils a cozy Pokémon T-shirt collection featuring adorable designs, including a recharging Pikachu, for kids and adults.