Key Facts
• On September 5, Prime Minister Ishiba announced plans for autumn economic measures.
• Measures address inflation and U.S. tariff impacts, with bipartisan discussions ongoing.
• Minimum wage now exceeds 1,000 yen in all prefectures, averaging 1,121 yen.
• Real wages turned positive for the first time in seven months.
• Ishiba emphasized wage increases as a core growth strategy.
• Support for small and medium-sized businesses includes subsidies and push-style assistance.
• Discussions include revising cash benefits promised during the Upper House election.
• Ishiba aims for cross-party collaboration to finalize measures this fall.
• Cabinet members will receive detailed instructions for policy pillars soon.
Summary
Prime Minister Ishiba announced plans to develop new economic measures this fall, focusing on inflation and U.S. tariff impacts. He highlighted wage increases as a key strategy, noting that the minimum wage now averages 1,121 yen nationwide. Real wages have also turned positive after seven months. Ishiba plans to revise cash benefits promised during the Upper House election, balancing fiscal responsibility and public support. He emphasized bipartisan collaboration to finalize the measures and pledged strong support for small businesses through subsidies. Detailed policy instructions will be issued to cabinet members soon.
