{"id":3080,"date":"2020-05-05T10:14:05","date_gmt":"2020-05-05T10:14:05","guid":{"rendered":"https:\/\/langleyesquire.com\/?p=3080"},"modified":"2020-05-08T03:12:59","modified_gmt":"2020-05-08T03:12:59","slug":"government-of-japan-update-policy-radar-may-2020","status":"publish","type":"post","link":"https:\/\/langleyesquire.com\/ja\/government-of-japan-update-policy-radar-may-2020\/","title":{"rendered":"Government of Japan Policy Updates &#8211; May 2020"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3080\" class=\"elementor elementor-3080\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4f25e7c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4f25e7c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2672c81\" data-id=\"2672c81\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d55bdeb elementor-widget elementor-widget-image\" data-id=\"d55bdeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"157\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2019\/11\/Policy-Radar-this2-e1573995722255-768x157.png\" class=\"attachment-medium_large size-medium_large wp-image-1982\" alt=\"Policy Radar Banner\" srcset=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2019\/11\/Policy-Radar-this2-e1573995722255-768x157.png 768w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2019\/11\/Policy-Radar-this2-e1573995722255-300x62.png 300w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2019\/11\/Policy-Radar-this2-e1573995722255.png 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-92e6af0 elementor-widget elementor-widget-heading\" data-id=\"92e6af0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><i>May 2020<\/i><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b45086 elementor-widget elementor-widget-text-editor\" data-id=\"9b45086\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With the 201st regular Diet session, we continue to see a major focus on policy to address the COVID-19 pandemic. A key focus of the <i>Government of Japan<\/i> has been preparing a record extraordinary budget aiming to curb the negative economic impact of COVID-19. The government has suspended its diplomatic agenda, with the expected celebrations within the imperial agenda (i.e. proclamation of the Crown Prince) postponed as well. Social distancing has even had an effect on the Japanese Diet, which saw the <i>House of Representatives<\/i> for the first time with a plenary session attended by only 230 lawmakers (out of a total of 465), while the others voted and discussed through a livestream from their representative offices. Furthermore, the government has expanded the state of emergency beyond Golden Week through May 31st. Tokyo is also ramping up efforts to combat the low and expensive supply of medical equipment in the domestic market. Overall, the government is extensively focused on measures related to COVID-19, leaving other bills and projects on the side for the time being.\u00a0<\/p><p>This month\u2019s edition of Policy Radar focuses on policy developments as a result of COVID-19 in Finance, Healthcare, Energy, Labor and Integrated Resorts.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ec02df elementor-widget elementor-widget-heading\" data-id=\"1ec02df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b><u>State of Emergency:<\/u><\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf1e01b elementor-widget elementor-widget-image\" data-id=\"cf1e01b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/coronavirus-news-on-screen-3970332-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-3105\" alt=\"Government of Japan State of Emergency\" srcset=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/coronavirus-news-on-screen-3970332-768x512.jpg 768w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/coronavirus-news-on-screen-3970332-300x200.jpg 300w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/coronavirus-news-on-screen-3970332-scaled.jpg 1024w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/coronavirus-news-on-screen-3970332-1536x1024.jpg 1536w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/coronavirus-news-on-screen-3970332-2048x1365.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7535200 elementor-widget elementor-widget-heading\" data-id=\"7535200\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Government to extend state of emergency until May 31st<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67e1dd6 elementor-widget elementor-widget-text-editor\" data-id=\"67e1dd6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <i>Government of Japan<\/i> has formally extended the term of the currently declared nationwide state of emergency until May 31st. The decision comes after an advisory council composed of the government\u2019s panel on coronavirus and ministers agreed to push the deadline until the end of May, as specified in the <i>Special Measures Law<\/i>. Government officials have argued that extending the state of emergency (initially due to expire on Wednesday, May 6th) was inevitable as relaxing restrictions could have increased the rate of infections again. However, the Prime Minister has hinted that he may terminate the state of emergency early should a panel of infectious disease experts, meeting around the 14th May, evaluate a favorable situation: experts will reassess the rate of infections per region and nationwide, the state of the healthcare system and the effectiveness of the measures taken so far by public authorities. Then, the government will revise its own guidelines to resume financial and social activity, while safeguarding the health and safety of the people. The government\u2019s guidelines include stricter measures in the 13 prefectures with the highest numbers of patients and infection rates, while relaxing the depth of the state of emergency in the rest of prefectures. However, the government will still advise people to avoid cross-prefectural travel and maintain social distancing while avoiding stranded areas. The new lifestyle plan, designed by the government, includes daily recommendations to avoid people getting infected such as washing hands regularly, wearing a mask while outside and refraining to speak during public transportation.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e17eb73 elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e17eb73\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-827b622\" data-id=\"827b622\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-top-column elementor-element elementor-element-6f2ce17\" data-id=\"6f2ce17\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-56e8c14 elementor-widget elementor-widget-heading\" data-id=\"56e8c14\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Want to Stay Informed?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d988277 elementor-widget elementor-widget-text-editor\" data-id=\"d988277\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Sign up for monthly updates on the latest political developments impacting your industry in Japan:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50ca16a elementor-widget elementor-widget-html\" data-id=\"50ca16a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<!-- Begin Mailchimp Signup Form -->\n<link href=\"\/\/cdn-images.mailchimp.com\/embedcode\/classic-10_7.css\" rel=\"stylesheet\" type=\"text\/css\">\n<style type=\"text\/css\">\n\t#mc_embed_signup{background:#fff; 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left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_954360333b636e024b53d2772_88fae57ba5\" tabindex=\"-1\" value=\"\"><\/div>\n    <div class=\"clear\"><input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\"><\/div>\n    <\/div>\n<\/form>\n<\/div>\n<script type='text\/javascript' src='\/\/s3.amazonaws.com\/downloads.mailchimp.com\/js\/mc-validate.js'><\/script><script type='text\/javascript'>(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[6]='MMERGE6';ftypes[6]='text';fnames[5]='MMERGE5';ftypes[5]='text';fnames[7]='MMERGE7';ftypes[7]='text';fnames[3]='ADDRESS';ftypes[3]='address';fnames[4]='PHONE';ftypes[4]='phone';}(jQuery));var $mcj = jQuery.noConflict(true);<\/script>\n<!--End mc_embed_signup-->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a0343c elementor-widget elementor-widget-text-editor\" data-id=\"1a0343c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/langleyesquire.com\/privacy-policy\/\" target=\"_blank\" rel=\"noopener\">Privacy Policy<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-003244d\" data-id=\"003244d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-30d3732 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"30d3732\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2161a5d5\" data-id=\"2161a5d5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be737fc elementor-widget elementor-widget-heading\" data-id=\"be737fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b><u>Healthcare:<\/u><\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-009ebde elementor-widget elementor-widget-image\" data-id=\"009ebde\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/elementor\/thumbs\/freestocks-nss2eRzQwgw-unsplash-scaled-pw1ucy8nhnp17vj1mtt4ewycv1cmsdkz3kht6av94y.jpg\" title=\"Government of Japan Medical Response Policy  Radar May 2020\" alt=\"Government of Japan Medical Response Policy Radar May 2020\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5343ca elementor-widget elementor-widget-heading\" data-id=\"c5343ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Government to Add Medical Equipment to  National Security List<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe2e3de elementor-widget elementor-widget-text-editor\" data-id=\"fe2e3de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <i>Government of Japan<\/i> is planning to prevent foreign companies from purchasing domestic pharmaceutical and medical equipment producers and developers. To do so, it plans to add companies involved with vaccines, serums, medicine and advanced medical technology on the list of sectors considered critical to national security. Legislation allows the government to conduct a pre-screening process if foreign investors purchase 1% or more in companies that are included in sectors deemed to be critical for national security. The list included 12 sectors, but will now be expanded to the field of medicine due to the recent pandemic and the global competition for medical equipment. With this, the government hopes to protect the domestic pharmaceutical industry, maintaining the supply of medical equipment and medicine for the Japanese populace. Companies that handle raw materials and makers of medical equipment (i.e. ventilators, infusion pumps, heart-lung machines) with few alternatives in the global market will be of utmost importance. These changes, if introduced, will be included in an amendment to the <i>Foreign Exchange<\/i> and <i>Foreign Trade Act<\/i> during the month of May, eyeing enactment by the month of July.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a358f5d elementor-widget elementor-widget-heading\" data-id=\"a358f5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>PM Abe Calls for Production Boost in Medical Equipment<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b5ab31 elementor-widget elementor-widget-text-editor\" data-id=\"2b5ab31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>During a conference call with medical industry leaders, the Prime Minister Abe Shinzo asked producers of medical equipment and protective gear to increase their output to meet the current excess of demand in the market. He has guaranteed that the government will buy the excess in the supply of materials, should there be any. The targeted materials, of \u201ccritical necessity,\u201d that PM Abe would like to see an increase of are high-quality face masks, disinfectants, medical gowns and ventilators. This comes in response to medical producers being reluctant to make capital investments, fearing unsold output, and lawmakers within the LDP calling for the LDP to secure the development of medical equipment for businesses.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4eb804d elementor-widget elementor-widget-heading\" data-id=\"4eb804d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Health Ministry to Approve Pharmaceutical Use of Remdesivir<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-85ecae9 elementor-widget elementor-widget-text-editor\" data-id=\"85ecae9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Tokyo will approve the antiviral drug Remdesivir for the treatment of COVID-10 patients. <i>The Ministry of Health<\/i>\u00a0revealed that it will approve the use of the drug during the middle of May, paralleling other countries\u2019 initiatives and deregulation to develop therapeutic drugs. Prime Minister Abe said in the Diet session that the use of such medicine will be pharmaceutically approved soon. The government will use a fast-track approval procedure (postponing domestic clinical trials in the future), after it receives an application from the drug maker. Additionally, the government has asked the United States for a stable supply of Remdesivir as there are concerns that Japan may not have enough supply for the treatment of its patients. No response has been made to this date by U.S. officials.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f72da9 elementor-widget elementor-widget-heading\" data-id=\"5f72da9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Tokyo to Expropriate Face Masks Amid Low Domestic Supply <\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-238b010 elementor-widget elementor-widget-text-editor\" data-id=\"238b010\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Authorities will expropriate unreasonably highly priced face masks sold domestically to ease down on the current scarce amid the virus outbreak. The recently passed <i>Special Measures Law<\/i>, which significantly increases the power of the central and local governments, allows for the expropriations of materials and property during the state of emergency. The measure will be used against sellers seeking to make an unjustified margin of profits. To proceed with this, the <i>Ministry of Health, Labour and Welfare<\/i> will first analyse and carry out on-site investigations of companies and entities stockpiling masks speculating the increase in prices. In the case that the government considers the stockpiling as \u201cunjust,\u201d prefectural governments can invoke article 55 of the emergency law to request companies to sell masks or to directly expropriate it from them. Just last month, the government prohibited the online resale of face masks at exorbitant prices.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e663685 elementor-widget elementor-widget-heading\" data-id=\"e663685\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b><u>Finance<\/u><\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3db7b0 elementor-widget elementor-widget-image\" data-id=\"f3db7b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/fall-163496_1280-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-3100\" alt=\"Government Financial Policy Japan Policy Radar May 2020\" srcset=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/fall-163496_1280-768x512.jpg 768w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/fall-163496_1280-300x200.jpg 300w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/fall-163496_1280-scaled.jpg 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72d285b elementor-widget elementor-widget-heading\" data-id=\"72d285b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Government approves record \u00a5117.1 trillion stimulus package <\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80afbb7 elementor-widget elementor-widget-text-editor\" data-id=\"80afbb7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The cabinet has increased the size of the emergency package from the previous \u00a5108 trillion to now a record high budget of \u00a5117.1 trillion. This increase is the result of the government changing from a plan to give out \u00a5300,000 to eligible households to a plan giving \u00a5100,000 to all residents of Japan. To finance the increase of the budget, the government plans to issue deficit-covering bonds of a value of \u00a523 trillion. The measures include low-interest loans of up to \u00a530 million to small and medium enterprises (SMEs) suffering sales decline as a result of the virus. Employees of SMEs, sole-proprietors and freelance workers will be given \u00a52 million and \u00a51 million, respectively, when their income has fallen by more than half. Additionally, measures also include \u00a526 trillion for a suspension of tax payments and social insurance premiums. The government will relocate \u00a51 trillion to local governments so that they can assist companies forced to halt their operations because of the virus. \u00a513.9 billion will be used to budget the move to triple the national stockpile of Avigan. On April 20th, the government approved the revised budget: it was introduced in the Japanese Diet by April 27th and subsequently ratified on May 1st.&nbsp;<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ac4e2d elementor-widget elementor-widget-heading\" data-id=\"4ac4e2d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Bank of Japan introduces second-round of monetary stimulus measures<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02461c0 elementor-widget elementor-widget-text-editor\" data-id=\"02461c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <i>Bank of Japan<\/i> (BOJ) has launched a second stimulus package to mitigate the ongoing impacts of COVID-19 on the economy. The decision on whether to execute additional monetary measures was taken during the BOJ\u2019s <i>Polic<\/i>y Board\u2019s biweekly meeting on Monday, April 27. Measures include the purchase of corporate bonds and commercial papers (tripling the current amount), to improve business financing in the country. There will also be a purchase of Japanese government bonds without \u201can upper limit,\u201d until the 2% inflation target is achieved. It will also develop a program of low-interest loans (0.1%) to financial institutions supporting corporate financing. The BOJ believes that it needs to further support Japanese companies that are currently facing a shortage of cash due to a total disruption of economic and financial activity. Furthermore, to increase the flows of loaning money from financial institutions to companies, the BOJ has eased the range of collateral rules. Short-term interest rates will remain at -0.1% and long-term rates will be maintained at close to 0%.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-feca637 elementor-widget elementor-widget-heading\" data-id=\"feca637\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Government to secure 100% of employees\u2019 wages from small companies<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b43f6d1 elementor-widget elementor-widget-text-editor\" data-id=\"b43f6d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Japanese government is finalising the draft for a subsidy that would secure the wages of employees from small enterprises&#8211; 5 to 20 employees&#8211; affected by the virus. By doing so, the government wishes to ensure that despite temporary wage cuts, employees get 100% of their monthly income. This will be achieved through an already existing employment adjustment subsidy which subsidizes part of the wages of temporarily laid off workers. The government thinks that many employers are reducing wages to 60% of the total amount, hoping that the government would pay 90% of the wage cut to the workers. With the new scheme, small businesses requested to temporarily halt their activities by local authorities will receive 100% of the cost of wages cut from the central government. It is estimated that this measure will be benefited by 3 million small enterprises and over 10 million employees.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7285473 elementor-widget elementor-widget-heading\" data-id=\"7285473\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b><u>Energy and Climate Change:<\/u><\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54e5727 elementor-widget elementor-widget-image\" data-id=\"54e5727\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/03\/air-air-pollution-chimney-clouds-459728-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-2737\" alt=\"Nuclear Energy Public Policy Japan\" srcset=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/03\/air-air-pollution-chimney-clouds-459728-768x512.jpg 768w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/03\/air-air-pollution-chimney-clouds-459728-300x200.jpg 300w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/03\/air-air-pollution-chimney-clouds-459728-scaled.jpg 1024w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/03\/air-air-pollution-chimney-clouds-459728-1536x1024.jpg 1536w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d805494 elementor-widget elementor-widget-heading\" data-id=\"d805494\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Minister Koizumi Warns of Environmental Threat if Countries Prioritize Economic Recovery<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e06f063 elementor-widget elementor-widget-text-editor\" data-id=\"e06f063\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Minister of the Environment, Koizumi Shinjiro, has warned that the Paris climate agreement faces a global threat if countries prioritize economic recovery to curb the effects of the global health crisis. The Minister, acknowledging the need for economic recovery, has urged that countries should increase their efforts in protecting the environment. Just last month, Japan submitted to the UN its target to reduce 26% greenhouse gas emissions from 2013-levels. However, the Minister has said in an interview that he hopes to submit a more comprehensive and ambitious target for Japan in the next climate summit, now postponed to 2021, due to the pandemic. Additionally, Minister Koizumi has expressed the ambition of his ministry to lead the country into teleworking practices.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b73c57 elementor-widget elementor-widget-heading\" data-id=\"3b73c57\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b><u>Social and Labor:<\/u><\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c75e72c elementor-widget elementor-widget-image\" data-id=\"c75e72c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/visa-3109800_1280-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-image-3102\" alt=\"Government of Japan Social Labor Medical\" srcset=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/visa-3109800_1280-768x432.jpg 768w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/visa-3109800_1280-300x169.jpg 300w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/visa-3109800_1280-scaled.jpg 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-011810a elementor-widget elementor-widget-heading\" data-id=\"011810a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Foreign Ministry delays lifting travel visa suspension <\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-201c2b1 elementor-widget elementor-widget-text-editor\" data-id=\"201c2b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <i>Foreign Ministry<\/i> will expand the suspension of visas held by foreign nationals until the end of May. The suspension of visa targets more than a hundred countries and travellers who visited these countries will be banned entry into Japan. Japan residents returning from overseas will be required to be tested at the airport for the virus and self-isolate for a period of two weeks.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80caa04 elementor-widget elementor-widget-heading\" data-id=\"80caa04\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Prime Minister to remove regulations requiring hanko signatures <\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b56aab elementor-widget elementor-widget-text-editor\" data-id=\"2b56aab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Prime Minister is considering changing rules requiring traditional seals for signatures, hoping to further reduce human contact and the need to go to the office. If so, cabinet ministers will be instructed by the PM on the <i>Council on Economic and Fiscal Policy<\/i> on April 27 that rules requiring signatures with a seal will be amended. The government holds that human interactions were not reduced to meet the government goal of 80% reduced contact due to regulations hindering the use of teleworking. He will also notify the <i>Council for Regulatory Reform<\/i> to analyse unnecessary regulations to curb face-to-face interactions, to eventually propose them in the parliament.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60eb234 elementor-widget elementor-widget-heading\" data-id=\"60eb234\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Opposition parties submit bill to support businesses pay rent for their facilities<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-adfc0fd elementor-widget elementor-widget-text-editor\" data-id=\"adfc0fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The main opposition parties have submitted a bill to support companies having financial difficulties to pay rent of their facilities due to the economic fallout of COVID-19. The bill was introduced by the CDPJ, the main opposition party in parliament, and other parties such as the Ishin no Kai. If enacted as such, the bill would make <i>Japan Finance Corporation<\/i> pay a year\u2019s worth of rent for small enterprises, sole-proprietors and startups showing a sales decline of at least 20%. The bill also includes a clause that would give subsidies to property owners cutting the rent to its tenants. Opposition parties asked for a supplementary \u00a55 trillion to support the bill in the supplementary budget for fiscal 2020. However, the ruling bloc opposed, hoping to see this measure at a later date and thus not including it into the now approved supplementary budget. The ruling LDP and Komeito do see some parts of the rent program as necessary, but would like them to be included in a second supplementary budget.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3f7ce4 elementor-widget elementor-widget-heading\" data-id=\"b3f7ce4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b><u>Integrated Resorts:<\/u><\/b><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16a91bb elementor-widget elementor-widget-image\" data-id=\"16a91bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/macau-photo-agency-oMp62vb1G4U-unsplash-768x512.jpg\" class=\"attachment-medium_large size-medium_large wp-image-3084\" alt=\"Policy Radar 2020\" srcset=\"https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/macau-photo-agency-oMp62vb1G4U-unsplash-768x512.jpg 768w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/macau-photo-agency-oMp62vb1G4U-unsplash-300x200.jpg 300w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/macau-photo-agency-oMp62vb1G4U-unsplash-scaled.jpg 1024w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/macau-photo-agency-oMp62vb1G4U-unsplash-1536x1024.jpg 1536w, https:\/\/langleyesquire.com\/wp-content\/uploads\/2020\/05\/macau-photo-agency-oMp62vb1G4U-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6a0db2 elementor-widget elementor-widget-heading\" data-id=\"d6a0db2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><b>Ministry of Tourism expects no delay in IR development schedule despite crisis<\/b><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-298e056 elementor-widget elementor-widget-text-editor\" data-id=\"298e056\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Tourism Minister Akaba Kazuyoshi revealed in a Diet session that the Tourism Ministry and the government would not alter the schedule for the development of Integrated Resorts in the country, despite the ongoing COVID-19 pandemic. He insisted that local governments were continuing to prepare unhindered by the stall of the global economy. If the schedule continues unaltered, applications to the government for the only three IR licences will be accepted from local governments and their consortium partners between January 4th and July 30th, 2021. The ministry was expected to finalise an IR basic plan at the beginning of the year, but it has not yet been published. Yokohama Mayor Hayashi Fumiko has announced that the local government will issue a delay of two months in their own schedule for the development of IRs. Thus, the city\u2019s implementation plan will be released in August, instead of June.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a6c5787 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"a6c5787\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19ed7fb elementor-widget elementor-widget-text-editor\" data-id=\"19ed7fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As the outbreak of the COVID-19 pandemic continues to bring unprecedented impact around the world, public and private sectors rush to adapt to a rapidly-changing global environment. While there is uncertainty for what lies ahead, new opportunities emerge for business and government partnerships. Every day brings new insights, opportunities, and technology that affect Japanese politics, business, and society.<\/p><p>If you are struggling to bridge the communication gap between you and your stakeholders across government, industry, and media, <a href=\"mailto:contact@langleyesquire.com?subject=Policy%20Radar%20-%20Contact\" target=\"_blank\" rel=\"noopener\">contact us<\/a> to learn more about what we can accomplish for you.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-96c20b7 elementor-widget-divider--view-line_icon elementor-view-default elementor-widget-divider--element-align-center elementor-widget elementor-widget-divider\" data-id=\"96c20b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t\t<div 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