Prime Minister Takaichi said on August 10 that the government expects to apply the Disaster Victims' Livelihood Recovery Support Act across all of Kumamoto Prefecture, allowing households whose homes were completely destroyed in the Kumamoto earthquake to receive up to 3 million yen in assistance. (News On Japan)

Nagasaki marked the 81st anniversary of the U.S. atomic bombing on August 9 with a memorial ceremony near the hypocenter, where Mayor Shiro Suzuki declared nuclear weapons an "absolute evil" and called on the Japanese government to uphold its Three Non-Nuclear Principles. (News On Japan)

Prime Minister Sanae Takaichi’s economic strategy faced renewed pressure on August 7 as attention shifted toward the Bank of Japan’s September policy meeting, with central bank officials preparing a series of public appearances that could signal whether another interest-rate hike is becoming likely after recent yen turmoil and fiscal concerns. (News On Japan)

Hiroshima marked the 81st anniversary of the atomic bombing on August 6 with a peace memorial ceremony at Peace Memorial Park, where Mayor Kazumi Matsui warned of the growing danger that nuclear weapons could be used and called for renewed action toward their abolition. (News On Japan)

Prime Minister Sanae Takaichi’s government formally approved a plan on August 5 to reduce the consumption tax rate on food and nonalcoholic beverages from 8% to 1% for two years beginning in April 2027, setting the stage for a difficult parliamentary battle over how to cover an estimated 10 trillion yen revenue shortfall and whether the politically sensitive tax can be restored afterward. (News On Japan)

Japan’s latest defense white paper has sparked controversy by presenting the country’s expanding military buildup not only as a national security necessity but also as a potential engine of economic growth, drawing criticism from China and raising fresh domestic questions over how far Prime Minister Sanae Takaichi’s government is prepared to link defense, industry and fiscal policy. (News On Japan)

Prime Minister Sanae Takaichi’s food-tax cut plan cleared a major ruling party hurdle on August 5, intensifying debate over whether her government can deliver household relief without weakening fiscal credibility or drawing the Bank of Japan deeper into the administration’s economic agenda. (News On Japan)

Ukrainian President Volodymyr Zelenskyy instructed diplomatic officials on August 3 to strengthen relations with Japan, expressing disappointment with the results achieved so far and raising speculation that Kyiv is seeking Japanese weapons supplies. (News On Japan)

Prime Minister Sanae Takaichi’s government faced a widening policy test on August 4 as officials tried to calm inflation concerns after rare U.S.-Japan yen intervention, while the latest defense white paper framed Japan’s military buildup as part of a broader strategy for economic growth and national resilience. (News On Japan)

Japan's Immigration Services Agency on August 4 released draft guidelines that would tighten the requirements for foreign nationals seeking permanent residency, including new income and pension standards designed to ensure applicants have economic conditions equal to or better than those of Japanese people. (News On Japan)

The conflict involving Iran, the United States and Israel may be entering a more dangerous phase, with Tehran appearing increasingly willing to initiate attacks rather than merely respond to US strikes, while disruptions around the Strait of Hormuz threaten oil and liquefied natural gas supplies worldwide. (News On Japan)

Prime Minister Sanae Takaichi entered August facing a sharper test of her economic leadership after Japan and the United States carried out a rare coordinated currency intervention to support the yen, turning the government’s cost-of-living agenda, fiscal policy and relationship with the Bank of Japan into one of the most politically sensitive issues of her administration. (News On Japan)

U.S. President Donald Trump said the United States intervened to buy yen because of its strong relationship with Japan, describing the action as a sign of friendship and pledging that Washington would always support the country. (News On Japan)

Japan and the United States conducted coordinated yen-buying intervention in the foreign exchange market to curb the currency's excessive decline, with Finance Minister Satsuki Katayama expected to announce the move on August 3, according to people familiar with the matter. (News On Japan)

US Treasury Secretary Scott Bessent said the yen is undervalued, making an unusually direct assessment of the currency and signaling that Washington is unwilling to accept excessive weakness. (News On Japan)

Prime Minister Sanae Takaichi announced that Japan will cut the consumption tax rate on food and beverages to 1% from April 2027, pledging to secure the necessary funding without relying on deficit-financing bonds and to restore the rate to 8% after two years. (News On Japan)

Prime Minister Sanae Takaichi moved on July 30 to turn food-tax relief from a campaign promise into government policy, instructing the ruling Liberal Democratic Party to proceed with a temporary cut in the sales tax on food as the Bank of Japan began a policy meeting that could shape the next phase of Japan’s currency, inflation and fiscal debate. (News On Japan)

Prime Minister Sanae Takaichi moved closer on July 29 to adopting a sharp temporary cut in Japan’s food sales tax, turning cost-of-living relief into the next major political test for her government as markets remained uneasy over the weak yen, rising bond yields and the administration’s expansionary fiscal agenda. (News On Japan)

Prime Minister Sanae Takaichi’s government moved on July 28 to reassure investors that it respects the Bank of Japan’s independence, as Finance Minister Satsuki Katayama said relations between the government and the central bank remain smooth despite market concern over rising bond yields, yen weakness and the administration’s growth-oriented fiscal agenda. (News On Japan)

Artificial intelligence could bring changes equal to or greater than the Industrial Revolution, reshaping the role of government, society and policymaking, Mirai party leader Takahiro Anno said in an interview broadcast on July 26. (News On Japan)