Category: Business

  • Myanmar Care Workers Surge in Japan as Vietnamese Turn Away — 5ch: ‘More Reliable Than Japan’s Own Bottom Rung’

    The balance of power among foreign workers in Japan’s elder-care sector is shifting. The number of care workers on the “Specified Skilled Worker” visa has reached 67,871, with a surge in Myanmar nationals — whose remittances have jumped in real value — even as Vietnamese workers increasingly turn away from Japan.

    Behind this is a currency gap. Even as the yen keeps weakening, remittances from Japan to Myanmar are now worth roughly three times what they used to be thanks to a plunge in the Myanmar kyat, while remittances to Vietnam have shrunk in value — 100,000 yen now converts to around $600, down from about $900 before the pandemic. On 5ch, opinions split over both the caliber of workers from different countries and Japan’s own working conditions.

    In the near future, you or a family member may well end up living in a care facility — a realistic prospect for an aging Japan. Yet facilities are chronically short-staffed, and foreign care workers from countries like Myanmar and Nepal are increasingly counted on to fill the gap. We looked into the growing international competition to secure this workforce.

    ■ Myanmar now outpaces Vietnam as a source of care workers

    Care facilities across Japan are increasingly hiring foreign staff. With 67,871 people already working in the care sector under the Specified Skilled Worker visa alone (*A), schools have sprung up in Myanmar and Nepal specifically to train workers headed for Japan. One such school is the Asian Unity Japan Technical Intern Training Centre (hereafter “Asian Unity”).

    Source: news.yahoo.co.jp / Original article here

    6AnonymousSep 16, 2026 11:33
    Guess Japan's become a cheap country for Vietnamese now, huh.
    10AnonymousSep 16, 2026 11:34
    Re: #6
    Well, it's definitely become a cheap country to commit crimes in.
    9AnonymousSep 16, 2026 11:34
    The old folks being cared for are gonna be furious.
    15AnonymousSep 16, 2026 11:36
    Re: #9
    Guess that just means they only grew up to be the kind of geezers who fly into a rage over something like that.
    270AnonymousSep 16, 2026 12:34
    Re: #9
    They're more reliable than the bottom rung of Japanese people.
    72AnonymousSep 16, 2026 11:56
    Next up: mass recruitment from India, Thailand, and Turkey. Once even those places stop coming, it'll have to be Africa.
    80AnonymousSep 16, 2026 11:57
    Re: #72
    You clearly don't understand the economics here. All of those countries have higher income levels than Myanmar.
    100AnonymousSep 16, 2026 12:01
    Re: #80
    They're not really any different from Myanmar though.
    111AnonymousSep 16, 2026 12:03
    Re: #100
    India, Turkey, and Thailand have per-capita GDPs 5 to 20 times that of Myanmar.
    114AnonymousSep 16, 2026 12:03
    Re: #100
    Feeling that way just shows a lack of knowledge. In reality, plenty of migrant workers move between countries with income levels that look nearly identical from Japan's vantage point — Laos and Thailand, Vietnam and Cambodia, China and Vietnam, and so on.
    124AnonymousSep 16, 2026 12:07
    If conditions are so bad that even Vietnamese workers won't come anymore, isn't this country in serious trouble??
    130AnonymousSep 16, 2026 12:08
    Re: #124
    There's still Africa, we'll be fine.
    171AnonymousSep 16, 2026 12:16
    Re: #168
    Seriously, read Re: #1 first…
    179AnonymousSep 16, 2026 12:19
    Re: #171
    Since when did Japan become a poor country? lol
    And what's this about Japanese people leaving? Answer that.
    183AnonymousSep 16, 2026 12:20
    Re: #179
    I think the weak yen — a "special-grade curse," the vengeful spirit of Abenomics (a Jujutsu Kaisen-style joke) — is a big part of the curse here.
    188AnonymousSep 16, 2026 12:21
    Re: #179

    "Care workers from some countries, like Vietnam, are already turning away from Japan. Their home economy is booming, and on top of that, sending 100,000 yen from Japan to Vietnam used to convert to about $900 before the pandemic — now, with the weaker yen, it's only around $600. Nepal, meanwhile, has seen its own currency weaken against the dollar too, so the remittance amount hasn't changed much from before the pandemic. In Myanmar's case, the exchange rate went from 1,000 kyat per dollar before the pandemic to 4,500 kyat per dollar now, meaning workers can send home more than three times as much as before."

    Background and key points of this topic

    Japan’s acceptance of foreign care workers rests on the “Specified Skilled Worker” system, which includes transfers from the former Technical Intern Training program, and the care sector alone reportedly employs 67,871 such workers. The article’s central point is that the rise and fall in numbers by country of origin isn’t about differences in worker quality — it’s mainly driven by exchange rates. Myanmar’s kyat has plunged from 1,000 to 4,500 per dollar, making remittances from Japan worth roughly three times what they used to be, while the weak yen has shrunk the dollar value of a 100,000-yen remittance to Vietnam from about $900 to around $600 — one factor behind Vietnamese workers’ cooling interest in Japan. Commenters were split over how to judge workers by country of origin as well as over Japan’s own working conditions, though some posts misjudged the per-capita GDP of the countries mentioned — a reminder to be wary of drawing simple links between income levels and the motivation to work abroad.

    *This article is excerpted and summarized from the 5ch (Breaking News Plus) thread “The Real Reason Myanmar Workers Are Choosing ‘Weak-Yen Japan’ Care Jobs… As Vietnamese Numbers Fall, Myanmar Workers Nearly Double and Remittances Triple.”

  • Condo Prices Fall for 8th Straight Month, Investors Panic — 5ch: ‘All You’ll Have Left Is Debt’

    A thread on 5ch’s “Nandemo Jikkyo G” board reported that central Tokyo condo prices have fallen for eight consecutive months. It opened by citing a startling ¥360 million price tag for a 4th-floor 2LDK unit in central Tokyo, while other posters countered that per-tsubo (≈3.3㎡) prices have dropped as low as ¥5 million, revealing a gap in how real the decline actually feels. The thread saw clashing views — some declaring that the myth of “Tokyo condos as an asset that rises forever” has finally collapsed, others invoking lessons from the bubble-era crash to argue “history repeats itself” — with the differing perspectives of investment buyers versus people buying to actually live there becoming a central point of debate.

    1AnonymousSep 15, 2026 13:05
    It's a funeral in the real estate agent and condo investor community
    2AnonymousSep 15, 2026 13:05
    Massive crash — 8 months of straight declines

    8AnonymousSep 15, 2026 13:07
    Re: #2
    Even in central Tokyo, ¥360 million for a 4th-floor 2LDK (2 bedrooms plus living/dining/kitchen) is still insanely expensive
    5AnonymousSep 15, 2026 13:06
    Whatever happened to "buy a Tokyo condo and it'll appreciate forever"?
    59AnonymousSep 15, 2026 13:31
    Re: #5
    No such asset exists. During the bubble era too, everyone said land would never lose value, so they all borrowed money, bought in, and got wiped out
    60AnonymousSep 15, 2026 13:32
    Re: #5
    Feels like we're watching reruns from right before the bubble
    9AnonymousSep 15, 2026 13:07
    Rice too — I wish people would stop treating the prices of everyday essentials like a game
    10AnonymousSep 15, 2026 13:09
    Re: #9
    Central Tokyo condos have nothing to do with ordinary people, but even suburban condos got dragged along and hit like ¥100 million
    38AnonymousSep 15, 2026 13:19
    Re: #9
    The people buying these aren't buying to live in them, they're buying for investment. Stocks were in bubble territory not long ago too, and now they're just falling. Once investment gets overheated it's bound to crash — they just lost the bet
    48AnonymousSep 15, 2026 13:25
    Re: #9
    But in the end, a society where everything can be turned into an investment ends up wiping out the one where it can't
    12AnonymousSep 15, 2026 13:10
    Are people in Tokyo really paying ¥400 or ¥700 million to live in a 2LDK? Is anyone actually buying this stuff?
    21AnonymousSep 15, 2026 13:13
    Re: #12
    Even if you rent it out, would you find tenants? You'd need something like ¥1.5 million a month in rent just to break even
    22AnonymousSep 15, 2026 13:13
    When the bubble burst, everyone who borrowed money to flip real estate went bankrupt. History repeats itself
    24AnonymousSep 15, 2026 13:14
    Re: #22
    That lawyer who used to sponsor [MMA fighter] Mikuru Asakura also borrowed tens of billions of yen from banks to buy up real estate — wonder if he'll be okay with rates rising
    23AnonymousSep 15, 2026 13:13
    The concentration in Tokyo isn't just about companies — it's also that events only ever get held there
    29AnonymousSep 15, 2026 13:16
    Re: #23
    Most events would run at a loss anywhere but Tokyo. Right now a lot of them use profits from Tokyo shows to cover losses from regional shows. That's basically how most music events work
    25AnonymousSep 15, 2026 13:14
    If you've got the financial muscle to hold a hundred-million-yen condo as an investment, you can probably just chalk it up as an expensive lesson
    28AnonymousSep 15, 2026 13:15
    Re: #25
    The ones in real trouble are the people who borrowed money to flip real estate on the assumption that zero interest rates would last forever
    26AnonymousSep 15, 2026 13:15
    Wait, it's already down to ¥5 million per tsubo (≈3.3㎡)? Isn't that too steep a drop?
    30AnonymousSep 15, 2026 13:16
    Did the government slap on some unnecessary regulation again and pop the bubble?
    35AnonymousSep 15, 2026 13:18
    Re: #30
    If they don't regulate it, it'll just pop even more spectacularly later
    34AnonymousSep 15, 2026 13:18
    Real estate is still way too expensive. It should crash to like a tenth of where it is now
    39AnonymousSep 15, 2026 13:20
    Re: #34
    Not happening — demand from actual homebuyers is too strong in the big metro areas
    47AnonymousSep 15, 2026 13:25
    If it collapses, real estate investment is scarier than revolving credit card debt. Once prices crash, all that's left is debt, and your life is basically over
    51AnonymousSep 15, 2026 13:27
    Re: #47
    Back in the day, [enka singer] Masao Sen's debt scandal was prime tabloid TV material, but once he settled his debts nobody talked about it anymore — even though he was supposed to be the cautionary tale
    50AnonymousSep 15, 2026 13:26
    That's just what speculation is. It's one thing if a wealthy person with multiple income streams uses real estate for hefty tax deductions while collecting rent and waiting for the right time to sell, but short-term flipping is a game of chicken from the start. Honestly, if all you can afford is a suburban property that got a bit pricier, you'd be safer in real estate REITs than in an actual property
    53AnonymousSep 15, 2026 13:28
    Re: #50
    People who poured their money into "Minna de Ooyasan" (lit. "Everyone's a Landlord," a real-estate crowdfunding scheme) probably don't even know REITs exist
    82AnonymousSep 15, 2026 13:50
    Re: #50
    REITs are trash anyway
    54AnonymousSep 15, 2026 13:29
    You're laughing, but there's no reason stocks would hold up if real estate doesn't — this is bad. Lock in your NISA (tax-free investment account) gains now
    55AnonymousSep 15, 2026 13:29
    What are people who bought with 50-year mortgages supposed to do?
    67AnonymousSep 15, 2026 13:38
    Re: #55
    As long as it's not a joint pair loan, couldn't they pay it off if they work themselves to the bone? Though honestly the best move would be to sell immediately and clear the slate
    75AnonymousSep 15, 2026 13:45
    I'm not buying a central Tokyo condo anyway so I don't really care. These investors are paying taxes too, right? So they're getting fleeced needlessly, paying taxes, and indirectly giving back to us poor folks. Shouldn't we poor people actually welcome this?
    76AnonymousSep 15, 2026 13:46
    Re: #75
    People are becoming unable to live in Tokyo
    78AnonymousSep 15, 2026 13:48
    Re: #76
    Poor people don't need to live there anyway. Tokyo is a city for rich people
    79AnonymousSep 15, 2026 13:48
    Re: #78
    Osaka's going to overtake it eventually
    85AnonymousSep 15, 2026 13:50
    Re: #79
    What's the logic there? lol
    86AnonymousSep 15, 2026 13:52
    Re: #85
    It's obvious that industry and culture don't develop in places people don't gather
    89AnonymousSep 15, 2026 13:54
    Re: #86
    Because Tokyo has the strongest transportation network — every shinkansen and flight has to come through Tokyo

    Background and Key Points of This Discussion

    The “eight straight months of decline” figure cited in the thread comes from a posted image, with no reference to official indices such as those from the Ministry of Land, Infrastructure, Transport and Tourism or the Real Estate Economic Institute, so the actual size of the drop and which areas it covers can’t be pinned down from the thread alone. The rise in central Tokyo condo prices in recent years has generally been attributed to a combination of mortgage demand fueled by ultra-low interest rates, an inflow of capital from overseas investors, and soaring construction costs — and most reactions in the thread take this backdrop for granted. At the same time, falling prices wouldn’t simply mean ordinary people can suddenly afford them; as some comments note, there’s the separate issue of how investment-purpose owners handle their debt, and whether renting the properties out is even profitable. It’s also worth noting that the disagreement over Tokyo’s over-concentration remained an impressionistic argument rather than one backed by statistical evidence.

    ※This article is compiled and summarized from the 5ch (“Nandemo Jikkyo G”) thread “[Bad News] Condo Prices in Massive Crash, Investors Losing Their Minds wwwwwwwwwwwww“.

  • Kioxia Overtook Toyota in Market Cap—Then Its Stock Halved in 48 Days. Is Kioxia “Finished”?

    In June 2026, semiconductor memory giant Kioxia overtook Toyota Motor in market capitalization to become Japan’s largest company by that measure—only for its stock price to crash to half that value just 48 days later. The source article points out that Kioxia posted record-high sales and operating profit for the April-June quarter, and argues that the stock’s drop should be considered separately from the actual state of the business. On 5ch, opinion was split: some pointed to operating profit topping ¥1 trillion as proof there’s “no way this company is finished,” while others noted that top shareholder Bain Capital sold off its entire stake in July, right before the crash, and that SK Hynix’s massive NAND production expansion raises the question of whether the results are just a temporary blip driven by market conditions.

    9/12 (Sat) 7:15

    President Online

    In June 2026, semiconductor memory giant Kioxia overtook Toyota Motor in market capitalization to become Japan’s largest company by that measure. But 48 days later, its stock price had been cut in half. Is Kioxia now “finished”? Political scientist Ryuta Ito says, “We need to consider the reasons behind the stock drop separately from whether the underlying business has actually weakened. Sales and operating profit for the April-June quarter were both record highs, and it’s significant that some major IT companies have even proposed multi-year contracts with ‘advance payment’ terms.”

    Source: topics.smt.docomo.ne.jp / Read the original article here

    5AnonymousSep 13, 2026 19:49
    In this zero-sum game, retail investors are always the ones who lose
    120AnonymousSep 13, 2026 20:35
    Re: #5
    Sounds like President [magazine] is dodging the whole 'suckering in beginner investors' angle
    trying to act like it never happened, that's how it looks to me.
    11AnonymousSep 13, 2026 19:50
    Today's news trend
    Seems like AI is about to turn into a monster and bare its fangs at humanity, so maybe I'll lay low for a bit…
    15AnonymousSep 13, 2026 19:53
    Compared to Samsung, Kioxia and Toyota are equally trash.
    23AnonymousSep 13, 2026 19:54
    There's no way a company pulling in over ¥1 trillion in operating profit is 'finished.'
    34AnonymousSep 13, 2026 19:56
    Re: #23
    Maybe it's the yen that's finished
    it's worth half what it was under the DPJ government.
    77AnonymousSep 13, 2026 20:09
    Didn't Korea's Hynix buy them out or something?
    79AnonymousSep 13, 2026 20:09
    Re: #77
    Nope, they didn't.
    83AnonymousSep 13, 2026 20:11
    Re: #79
    Look at the shareholding ratio.
    89AnonymousSep 13, 2026 20:14
    Re: #83
    You know Takaichi revised the Foreign Exchange Act in 2026, right?
    Now you need government approval
    to hold shares in semiconductor companies.
    Get what that means?
    It means there's no way they'd sell to a rival company.
    106AnonymousSep 13, 2026 20:25
    Whoever bought in when it was over ¥100,000 had way too much guts.
    111AnonymousSep 13, 2026 20:28
    Re: #106
    When it's climbing into the ¥100,000s, it's easy to buy.
    When it's crashing down into the ¥30,000s, it's hard to buy.
    108AnonymousSep 13, 2026 20:26
    Anything above ¥80,000 felt purely speculative.
    Isn't ¥60,000-70,000 more like the fair price?
    112AnonymousSep 13, 2026 20:29
    Re: #108
    No way.
    Kioxia's fair value is more like ¥2,000-3,000 a share.
    113AnonymousSep 13, 2026 20:31
    US AI: taking it slow with development 🤗
    Chinese AI: said its performance was great, but sorry, turns out it's just running on America's Claude AI 😎

    Kioxia bagholders better sit tight and tremble waiting for Monday.
    115AnonymousSep 13, 2026 20:33
    Re: #113
    I kind of want a Black Monday to happen.
    117AnonymousSep 13, 2026 20:33
    Q2 FY2026 (Apr-Jun) operating profit
    SK Hynix: ¥6.6 trillion, Kioxia: ¥1.2 trillion

    And that's with DRAM being the tighter memory market—Kioxia's NAND-flash-only and still pulling this in.
    Man, if only Japan had kept Elpida [DRAM maker] around too—corporate tax revenue this fiscal year probably would've come in well above the projected ¥5 trillion.
    121AnonymousSep 13, 2026 20:35
    Re: #117
    There must be some decent politicians out there
    wouldn't hurt to give DRAM another shot.
    The groundwork's there.
    122AnonymousSep 13, 2026 20:36
    It's not like they have an overwhelming technological edge or are irreplaceable.
    They might be flush with cash for now, but who knows what's around the corner.
    133AnonymousSep 13, 2026 20:42
    Re: #122
    That's just how cyclical stocks work. You shouldn't be looking at the P/E ratio—you need to look at the price outlook for whatever commodity they deal in.

    It's similar to oil stocks. When crude goes nuts, profits go nuts too, but the company itself hasn't actually grown—once oil drops, things go right back to where they were.
    126AnonymousSep 13, 2026 20:39
    Stock price aside, the profits and employee bonuses have gotten absolutely insane.
    134AnonymousSep 13, 2026 20:43
    Re: #126
    Can't recall Kioxia paying out big bonuses (fitting, since 'kioku' means 'memory').
    Feels like Samsung was handing out way bigger amounts though.
    141AnonymousSep 13, 2026 20:45
    Wasn't memory chip tech already overtaken by Korea and China a long time ago anyway?
    146AnonymousSep 13, 2026 20:48
    Re: #141
    It's not so much 'overtaken'—Japan doesn't really have a memory company anymore. Kioxia is storage [NAND/flash].

    Japan's Elpida got sold off to America's Micron.
    152AnonymousSep 13, 2026 20:50
    Kioxia's memory products are solid. The stock price just doesn't match the actual fundamentals though.
    154AnonymousSep 13, 2026 20:52
    Re: #152
    I've only ever bought SanDisk and Micron lol
    156AnonymousSep 13, 2026 20:52
    Memory's in short supply and prices are soaring, so why is the stock just tanking?
    162AnonymousSep 13, 2026 20:54
    Re: #156
    Because it went up more than it should have?
    Even now it's still plenty high compared to where it started.
    164AnonymousSep 13, 2026 20:55
    Re: #156
    No idea about next year, but it doesn't look like they can keep up the same growth rate two or three years from now.
    181AnonymousSep 13, 2026 21:03
    Re: #156
    It's already priced in, plus the rate of price increases is slowing.

    If prices go too high, demand drops, substitutes appear, and any company smelling profit ramps up supply—this time around, that's China.

    Given that, nobody thinks prices are going to keep climbing at the current pace going forward. It's basically asking: after a 30x run in three years, is it going to 30x again from here?
    158AnonymousSep 13, 2026 20:52
    Well sure, it'll keep going up and down—if that scares you, just don't invest.
    168AnonymousSep 13, 2026 20:55
    Re: #158
    This was my one and only investment this year.
    Made a killing off it lol
    171AnonymousSep 13, 2026 20:57
    Re: #162
    So why the heck did it go up that much in the first place?
    178AnonymousSep 13, 2026 21:00
    Re: #171
    Because AI demand meant factories couldn't keep up with production of both memory and flash, so prices rose.
    Companies also poured capital into ramping up production of the more profitable AI-use memory.
    179AnonymousSep 13, 2026 21:01
    A company that hadn't even built up much of a track record suddenly overtaking Toyota lol, that's nothing but a bubble lol…
    …that's what I posted on this board before the crash, but everyone was all 'Kioxia's just gonna keep climbing, this isn't a bubble.'
    Humans really are foolish creatures.
    183AnonymousSep 13, 2026 21:04
    Re: #178
    Korea's Samsung and SK Hynix have their production lines tied up making high-margin HBM, so the SSD demand that was left uncovered spilled over onto Kioxia.
    But Big Tech didn't buy the SSDs once they'd spiked in price—instead they bought up huge quantities of Western Digital's dual-actuator ('two read/write arms') high-capacity HDDs, which run about as fast as SATA SSDs anyway.
    Meanwhile Apple partnered up with China's CXMT and YMTC, which sent Samsung and SK Hynix's stock prices crashing.

    And the clincher: Bain Capital, which had been Kioxia's top shareholder ever since the 2018 buyout,
    sold off its entire stake on July 9, 2026—right before the crash accelerated.
    The stock had IPO'd at ¥1,455 and rocketed past ¥100,000;
    Bain cashed out at essentially the peak, locking in about as huge a profit as you could ask for.

    Then SK Hynix announced an ¥8 trillion mega-expansion of NAND production, and all the big money fled at once.

    Kioxia isn't going back up.

    Re: #179
    It's just a pump-and-dump stock.
    The 'momentum chimps' are simply getting fleeced.
    186AnonymousSep 13, 2026 21:05
    Re: #183
    Man, that's some seriously off-base nonsense you're spouting.
    190AnonymousSep 13, 2026 21:07
    Re: #183
    Kioxia actually makes products that sell in the real world, you know.
    This isn't some fictional economy built on stock-market gambling.

    Background and key points of this discussion

    Kioxia began as Toshiba’s former memory business and went public in December 2023 with an IPO price of ¥1,455; its core business is NAND flash memory. This latest spike-and-crash played out against a backdrop of memory-market prices swinging wildly amid generative-AI demand. Some posts in the thread didn’t seem to account for the fact that DRAM (especially HBM)—where SK Hynix and others are strong—is a separate market from NAND, which is Kioxia’s mainstay. It’s also worth noting that the claim that top shareholder Bain Capital sold its entire stake right before the crash does not appear in the source article, so that detail remains unverified. The way operating profit is at the mercy of market conditions (the “silicon cycle”) has drawn comparisons to oil stocks, and opinion is split on whether this is just a temporary windfall or evidence of real structural strength.

    ※This article is excerpted and summarized from the 5ch (Breaking News+) thread “Kioxia overtook Toyota in market cap, then crashed—halving in 48 days. Is Japan’s new No. 1 really “finished”?“

  • Red Feather Charity Drive Can’t Account for ¥180 Million — 5ch: ‘No Plan to Stop It Happening Again? Just Scrap It’

    The Red Feather Community Chest fundraiser is held nationwide every autumn, with donations supposedly funneled into social welfare programs — but it’s come to light that ¥180 million raised within Hokkaido has gone completely unaccounted for. The discovery reportedly stemmed from a tax office inspection, and donors who’ve given in the past are now demanding refunds, with some neighborhood associations opting out of fundraising activities altogether. On 5channel, users raised doubts about the fundraiser’s transparency and shared personal stories from their own days standing on street corners collecting donations, while also clashing over attempts to slap political labels on the fundraising organization.

    Mainichi Shimbun

    September 12, 2026 — Regional Edition

    October Campaign Kicks Off — Some Neighborhood Associations Opt Out of Fundraising

    Source: mainichi.jp / Original article here

    3AnonymousSep 12, 2026 17:29
    Better to just donate straight to your local government.
    5AnonymousSep 12, 2026 17:37
    Investigate the collusion too
    construction contract procedures
    kickbacks to buddy companies
    6AnonymousSep 12, 2026 17:38
    My elementary school teacher used to force us to donate —
    all that ever did was brand it as a creepy organization in my head.
    7AnonymousSep 12, 2026 17:39
    Is that the total amount, or just this year's?
    9AnonymousSep 12, 2026 17:53
    Bet it's not only Hokkaido.
    Any region that skips fundraising this fall might be hiding something too.
    12AnonymousSep 12, 2026 18:05
    Once you've had even one instance of unaccounted funds, you should never be allowed to run donation drives again.
    Red Feather and Fuji TV? (lol) (a dig comparing it to the scandal-plagued broadcaster)
    14AnonymousSep 12, 2026 18:06
    They should've just called it 'consulting fees'
    and saved everyone the trouble.
    15AnonymousSep 12, 2026 18:06
    I donated a bazillion yen once (obviously a joke/exaggeration) —
    now give my money back.
    19AnonymousSep 12, 2026 18:24
    Re: #15
    Is this the Seiyu meat-refund scandal all over again? lol (a past incident where the supermarket chain had to refund customers over mislabeled meat)
    16AnonymousSep 12, 2026 18:09
    AI: 'If there's no plan to prevent this happening again, just scrap it.'
    18AnonymousSep 12, 2026 18:20
    The Red Feather fund basically collects donations on autopilot these days.
    Isn't there something that can be done about that?
    20AnonymousSep 12, 2026 18:27
    See? Told you the people running the fundraiser would skim off the top.
    21AnonymousSep 12, 2026 18:33
    Re: #1
    Thanks to some rotten apples trampling on the goodwill of trusting people, Red Feather is done for.
    So once Red Feather's gone, are they gonna roll out a 'Blue Feather' next?
    22AnonymousSep 12, 2026 18:47
    And now introducing… the Red(-Handed) Feather campaign! (a jab implying the rebrand is just as crooked)
    33AnonymousSep 12, 2026 23:18
    If you've ever stood in the rain on a Saturday outside the station, shouting alongside everyone else while holding out a donation box asking for money…

    stuff like this really makes your blood boil, huh?
    40AnonymousSep 13, 2026 08:29
    Re: #33
    Boy Scouts always got roped into doing that.
    34AnonymousSep 13, 2026 03:14
    My family used to run a kerosene delivery truck back in the day, delivering fuel in winter. My parent said that after watching the fundraising volunteers at one house — they'd deliver kerosene there too, and when they went to collect payment afterward, the family running the donation drive dumped out the donation box, counted the cash, and paid the delivery fee straight out of the donations. After seeing that, my parent said they could never trust fundraising drives in general again.
    36AnonymousSep 13, 2026 06:10
    Our neighborhood association pays it out of the budget, so I'm planning to bring it up at the year-end general meeting.
    37AnonymousSep 13, 2026 07:32
    Re: #32
    I always figured the teachers were just pocketing it.
    38AnonymousSep 13, 2026 08:12
    I've donated a trillion yen over the years (yeah, right) —
    my gut remembers every bit of it.

    Background and Key Points of This Story

    The Red Feather Community Chest is a nationwide fundraising campaign run under the Social Welfare Act by prefectural Community Chest associations, with donations theoretically distributed to local welfare programs. What makes this case serious is that it wasn’t caught by the fundraising body’s own internal audit, but surfaced through a tax office inspection. The thread saw some back-and-forth over political labeling of the fundraising organization, but as of this article, only the existence and size of the unaccounted funds have been made public — no confirmed facts about where the money actually went have been disclosed. One thing readers may easily misunderstand is that while ‘Red Feather’ is a single nationwide brand, the actual accounting and day-to-day operations are handled independently by each prefectural and municipal Community Chest association. That means this particular problem may trace back to one region’s management specifically, even as it feeds into broader distrust of the donation system as a whole — a tension that shows up clearly in the thread’s reactions.

    *This article is excerpted and summarized from the 5ch (Business News+) thread ‘[Society] ‘Give Us Back the Donations We’ve Made So Far’ — Trust in Red Feather Wavers as ¥180 Million Goes Unaccounted for in Hokkaido‘.

  • “Two-Story Loans” Take Off Among Young Buyers, Sparking Debate Over Tower Condo Purchases

    A “two-story loan” that splits a mortgage into two parts to lower monthly payments is drawing attention among young people buying high-end tower condos in central Tokyo. According to a Nikkei article, the “first-floor” portion leaves the principal untouched until the final due date, when it’s repaid in one lump sum — a product designed to meet the need to “not be tied down by life.” On 5ch, commenters repeatedly pointed out that this structure resembles U.S. subprime loans or residual-value auto financing (zan-kure), with opinions split over whether borrowers could really pay it all off at once at maturity, and what would happen if property prices fell.

    Young people considering buying tower condos and other high-priced properties are showing interest in a new type of “two-story” home loan. The borrowed amount is split into a first-floor portion and a second-floor portion; the first-floor principal is left untouched until the due date, then repaid in a lump sum at the end. It’s a product designed to keep monthly payments as low as possible — but are there hidden pitfalls?

    Keeping monthly payments down with a “two-story loan”

    Daisuke Muneyama (pseudonym), a company employee in his 30s, was considering buying a 160-million-yen condo in central Tokyo…

    Source: nikkei.com / Original article here

    2AnonymousSep 12, 2026 18:27
    Since the principal never shrinks, the interest never shrinks either!
    3AnonymousSep 12, 2026 18:35
    Subprime loans.
    4AnonymousSep 12, 2026 18:44
    Living in a tower condo in the first place is what ties down your life lol
    5AnonymousSep 12, 2026 18:45
    A residual-value home loan? (like the "zan-kure" balloon financing used for cars)
    6AnonymousSep 12, 2026 18:50
    The overall economy is shrinking, so somebody has to squeeze nutrients out of somewhere. Young people should really think hard about this.
    7AnonymousSep 12, 2026 18:54
    It's exactly the monkeys from the "three in the morning, four in the evening" fable — too dumb to notice they're getting played by the same deal either way.
    8AnonymousSep 12, 2026 19:03
    I keep telling you, stay away from tower condos–
    Seriously, just don't.
    9AnonymousSep 12, 2026 19:11
    Oh, this is the one everyone's calling "subprime," huh.
    10AnonymousSep 12, 2026 19:26
    If the tower condo's basement pump room floods in a heavy rain, the water shuts off for the entire building
    You'll be hauling your own poop down from the upper floors.
    11AnonymousSep 12, 2026 19:33
    Revolving credit, basically? ^^;
    12AnonymousSep 12, 2026 19:34
    This is seriously just the subprime structure all over again, isn't it.
    Lend money to people with no way to pay it back, then offload the debt onto the market and pocket the profit.
    Housing is the one product that people with no ability to repay will still borrow huge sums to get their hands on.
    13AnonymousSep 12, 2026 19:42
    That's basically the condo version of buying an Alphard on residual-value financing.
    Something you should never, ever do.
    21AnonymousSep 12, 2026 20:38
    Re: #13
    Yeah, pretty much.
    So on the final payment date of a 35-year loan, you pay off half the principal in one lump sum?

    Normally you'd just sell the place to settle it.
    18AnonymousSep 12, 2026 20:18
    Just buy a tiny ~16.5 sq meter plot and live in a tent or sleep in your car.
    20AnonymousSep 12, 2026 20:33
    In other words, the banks came up with a new scheme that guarantees them a profit no matter what.
    It's fine if property prices have risen by the residual-value settlement date, but if prices have dropped sharply, the customer is wiped out.
    Either way, the bank always wins.
    24AnonymousSep 12, 2026 21:03
    Re: #20
    Same as those life insurance policies that led to suicides during the bubble era, huh.
    28AnonymousSep 12, 2026 22:13
    Re: #20
    That's not true. If it goes bad, it just becomes a non-performing loan.
    This is really just "as long as things are fine for me right now, I don't care if future execs and staff get burned" thinking from whoever's in charge today.
    22AnonymousSep 12, 2026 20:44
    So even if the property's value drops all the way down to the remaining first-floor balance by the deadline, the deal still holds up?
    Once the deadline arrives:
    Pay off the balance and keep it
    Sell and be done
    Sell and do the same thing again

    Exactly like residual-value car financing.
    23AnonymousSep 12, 2026 20:54
    Same scheme as a residual-value Alphard lease, isn't it.
    25AnonymousSep 12, 2026 21:33
    I want rich people to keep borrowing and keep the economy moving.
    You can't take your money with you when you die, after all.
    26AnonymousSep 12, 2026 21:43
    Apparently the typical demolition cost for a tower condo runs around 4 billion yen.
    And since it's regular people stretching themselves thin to buy in, there's apparently no realistic way to ever raise that demolition fund.

    Who's going to take responsibility for that, I wonder?
    27AnonymousSep 12, 2026 22:11
    Ridiculous!! Debt you never intend to repay isn't debt at all!!
    29AnonymousSep 12, 2026 22:23
    Re: #21
    Sure, if it actually sells lol
    30AnonymousSep 12, 2026 22:31
    Everyone involved dies off, the heirs renounce the inheritance, everyone nearby flees, and it just becomes some kind of historical ruin, probably.
    32AnonymousSep 12, 2026 23:21
    Imagine actually buying something like that.
    33AnonymousSep 13, 2026 00:11
    What would the monthly payment on a 160-million-yen loan even come out to?
    34AnonymousSep 13, 2026 00:51
    It's not like the loan just disappears.
    There are always a certain number of people who seem confused about how joint loans work too.
    35AnonymousSep 13, 2026 01:04
    With rates rising, price growth isn't just slowing down — it's already started dipping slightly, so people are going to be in agony once it hits them that they're stuck with a never-ending loan on a condo that's stopped appreciating.
    36AnonymousSep 13, 2026 03:35
    Aren't tower condos already being quietly discounted, just not out in the open?
    37AnonymousSep 13, 2026 04:35
    Spending most of your life paying off a loan just to make some faceless middle-aged stranger even richer — that's pretty miserable.
    The person doing it probably doesn't see it that way, but structurally, that's exactly what's happening.
    38AnonymousSep 13, 2026 06:09
    Taking out a loan because you don't want to be "tied down" —
    modern young people really are something else.
    It's like a baby elephant raised in chains from birth right up until it's nearly full-grown!
    39AnonymousSep 13, 2026 06:14
    They probably have no intention of paying it off to the end.
    Though they're screwed if the property's value has crashed by the time they go to sell.
    40AnonymousSep 13, 2026 06:21
    You'd also have to pay a hefty amount in property tax on top of that — is this really going to be okay?

    Background and Key Points of the Discussion

    The “two-story loan” described in the article leaves part of the borrowed amount (the first-floor portion) with the principal untouched until the final due date, at which point it’s settled either through a lump-sum repayment or by selling the property. This keeps monthly payments low, but if the property can’t be sold by the deadline, the full remaining balance stays on the borrower. Commenters repeatedly likened the scheme to U.S. subprime loans and residual-value auto financing (zan-kure), with the central concern being a structure that “lends high-priced products to people with no realistic way to repay.” At the same time, many pointed to the asymmetry in risk between lender and borrower, noting that “the bank never loses” and that “if property prices fall, only the customer is wiped out.” It’s worth noting that the demolition costs and price outlooks mentioned in the thread are speculation from commenters, not backed by verified statistics, and the claim that tower condo price growth is slowing amid rising interest rates also reflects only thread participants’ own observations.

    ※This article is excerpted and summarized from the 5ch (Business News+) thread “[Real Estate] Young People Buying Tower Condos, Tempted by Payment-Deferral Loans: “I Don’t Want My Life Tied Down”.”

  • Gas stations vanishing faster in rural Japan — 5ch: “Might have to drive dozens of kilometers just to find one”

    According to a survey by Teikoku Databank, bankruptcies and voluntary closures among gas station operators have risen for five straight years running, with more than 1,700 companies disappearing over the past decade. In rural areas, filling stations have grown scarce — in the mountains of Hakone, there’s reportedly a large sign warning “Only two gas stations ahead.” On the thread, users debated whether this signals a full-scale shift to EVs, or whether gasoline demand still holds strong for things like portable fuel cans and farm equipment, drawing on the realities of rural life.

    Posted 9/12 (Sat), 7:00 AM

    Teikoku Databank

    Trends in bankruptcies and closures among gas station (“SS”) operators (January–August 2026)

    Source: news.yahoo.co.jp / Original article here

    4AnonymousSep 12, 2026 13:01
    The Utsukushigahara Kogen Museum's doggy vuvuzela hereby announces post #2 (a nonsense copypasta meme, unrelated to the actual topic)

    ( ∪^3▃▃▃▅▆▇▉ BWOOOOOOM
    79AnonymousSep 12, 2026 13:21
    Re: #4

    Last week I went to Hakone, and right around where Route 1 enters Hakone-machi, there was a huge sign that said:
    "Caution! Only two gas stations ahead in the Hakone mountains!"
    21AnonymousSep 12, 2026 13:06
    Rural areas will probably go EV, huh.
    112AnonymousSep 12, 2026 13:46
    Re: #21
    In rural areas people keep portable fuel cans in the car
    since they use gasoline for brush cutters and farm equipment too.
    116AnonymousSep 12, 2026 13:50
    Re: #21
    That's probably how it'll go
    you'll end up having to drive dozens of kilometers just to find a gas station.
    69AnonymousSep 12, 2026 13:18
    Nothing but EVs on the road these days
    what would you even use a gas station for?
    74AnonymousSep 12, 2026 13:19
    Re: #69
    Vehicle inspections
    Wiping windows
    Cleaning out the ashtray
    93AnonymousSep 12, 2026 13:26
    Re: #69
    Hybrids, maybe, but you barely see EVs out in the countryside. Aren't you mixing something up?
    70AnonymousSep 12, 2026 13:19
    There used to be a ton of stations open pretty much round the clock,
    but nowadays if you're driving through the countryside at night, you'd better check ahead of time or you're in for a rough time.
    76AnonymousSep 12, 2026 13:20
    Re: #70
    There are more self-service stations than there used to be, so hasn't the number of 24-hour stations actually gone up?
    82AnonymousSep 12, 2026 13:22
    Re: #70
    Just head for a shopping mall — there's usually one nearby.
    118AnonymousSep 12, 2026 13:52
    Re: #112
    Keeping gasoline in your car during summer will make it explode
    way too dangerous.
    122AnonymousSep 12, 2026 13:54
    Re: #118
    It's not going to explode. Never even heard of that happening.
    133AnonymousSep 12, 2026 14:00
    Re: #122
    There was that famous incident where a fuel can exploded at a festival, remember?
    Leaving gasoline sitting out in the summer heat is dangerous.
    204AnonymousSep 12, 2026 14:36
    Re: #133
    If portable fuel cans were that prone to exploding, motorcycles would be blowing up all over the place, no? Their tanks are basically the same thing.
    121AnonymousSep 12, 2026 13:53
    At this point the only option left is to build out EV charging infrastructure and push for rapid adoption, huh?
    144AnonymousSep 12, 2026 14:03
    Re: #121
    In the end that's the only way.
    Build EV charging gear at roadside stations and shopping malls like AEON, and push home charging the rest of the way.
    For travel, ryokan and hotels will just have to install chargers.
    171AnonymousSep 12, 2026 14:18
    Re: #121
    At current charging rates it doesn't even pay for itself.
    123AnonymousSep 12, 2026 13:55
    That car called the "Rakko" ("sea otter" — a cheap compact EV) actually seems like it'd quietly sell well in rural areas.
    No current Japanese automaker could pull off those specs.
    126AnonymousSep 12, 2026 13:57
    Re: #123
    Probably won't sell — if it breaks down there's nowhere nearby to fix it out in the countryside.
    153AnonymousSep 12, 2026 14:09
    Re: #123
    Heard that exact same line when the Sakura launched too.

    For old folks in rural areas who don't want anything to change, installing home charging along with an EV is a high hurdle.
    They'd probably forget to charge it every day anyway.
    134AnonymousSep 12, 2026 14:00
    There's not much to fix on an EV, right?
    Just stuff like brake pads and tire changes.
    137AnonymousSep 12, 2026 14:01
    Re: #134
    What about brake fluid? Even if you barely drive, it absorbs moisture and degrades over time.
    143AnonymousSep 12, 2026 14:03
    Re: #134
    Brake fluid
    Wiper rubber/blades
    AC filter
    Coolant (for the motor/battery)
    12V battery (most EVs still have one)
    152AnonymousSep 12, 2026 14:08
    Re: #133
    That incident happened because a fuel can placed right next to a generator's exhaust vent got abnormally hot,
    and since it was filled almost to the cap, the gasoline that sprayed out when the cap was opened caught fire.
    That's not an explosion.
    Re: #134
    The suspension is the same as on an engine car, so tie-rod end boots need replacing every few tens of thousands of kilometers
    — sooner if you're doing a lot of tight turns on mountain roads.
    182AnonymousSep 12, 2026 14:26
    Are EVs (probably meant "EV," typo'd as "ED") on the rise? Wouldn't opening a charging station be profitable then?
    192AnonymousSep 12, 2026 14:32
    Re: #182
    Even now, with low upfront investment and subsidies covering almost the whole installation cost, charging stations still aren't profitable.
    Demand is small because there just aren't many EVs out there, and home charging is convenient.
    Tesla owners mostly charge at home or at Superchargers, so they're not going to bother with CHAdeMO except in an emergency.
    185AnonymousSep 12, 2026 14:28
    It's not just gas stations — decent repair shops have really thinned out too.
    Some shady shops deliberately damage worn parts and then act like "it was already like that," others take payment upfront and just keep pushing the delivery date back with no explanation.

    For older cars, parts supply is drying up too, so maybe the only option left is to give up on cars as a hobby and just treat cheap Chinese EVs as disposable.
    193AnonymousSep 12, 2026 14:32
    Re: #185
    Toyota's actually started supplying reissued and modernized parts for old cars now, so things are getting kind of surreal.
    200AnonymousSep 12, 2026 14:35
    Re: #185
    Chinese EVs have it even worse for getting parts
    it's turning into a problem in countries all over lol
    187AnonymousSep 12, 2026 14:28
    Around here they've actually been increasing lately.
    Is it just the dying rural hamlets where they're disappearing?
    201AnonymousSep 12, 2026 14:35
    Re: #187
    What's disappearing is the old-fashioned full-service stations.
    Self-service stations keep slowly increasing.
    For now it's really just customers consolidating around wherever they can still get gas.
    197AnonymousSep 12, 2026 14:33
    On remote islands there are so few stations that EVs seem to have become the mainstream choice.
    205AnonymousSep 12, 2026 14:36
    Re: #197
    Do the boats run on electricity too?
    214AnonymousSep 12, 2026 14:42
    Re: #197
    "Mainstream"? You should probably separate "remote islands have a higher EV ratio than the national average" from "mainstream."

    According to data as of July 2025 (compiled by Miyakojima City's Eco Island Promotion Division), the number of EVs registered in the city is 423, putting the EV share of all vehicles on the road there at about 0.75%.
    For comparison, other areas:
    ・Okinawa Prefecture overall: about 0.29% ・Ishigaki City: about 0.17% (84 vehicles) ・National average: about 0.3%
    218AnonymousSep 12, 2026 14:43
    Given typical replacement cycles, even by 2030 Japan's EV adoption rate will likely still only be in the 10% range on its own,
    but from around 2035 it'll climb into the 30% range,
    and by 2040 it'll pass the halfway mark.
    After 2040, engine vehicles will only be sold for niche special-use cases, so it'll effectively become forced EV adoption.
    222AnonymousSep 12, 2026 14:46
    Re: #218
    Sounds like Honda's blueprint.
    223AnonymousSep 12, 2026 14:46
    Re: #218
    If "adoption rate" means share of new car sales, then EVs would need a 30% share of new car sales for 10 straight years just to bring gasoline cars down by 30%.

    Background and key points of debate

    The decline in gas stations isn’t simply down to EV adoption. It traces back to the 1998 deregulation of station openings, which drove a shift from full-service to self-service stations; under that thin-margin, high-volume model, smaller operators without the financial cushion to compete have been dropping out ever since. Japan’s Ministry of Economy, Trade and Industry treats municipalities with three or fewer stations as “gas station deserts,” a designation that also matters for securing fuel during disasters. Where the thread split was over whether rural fuel demand will keep centering on gasoline going forward, or genuinely shift over to EVs and charging networks. On the question of storing portable fuel cans, one claim that they “explode” got corrected — the real festival incident involved gasoline igniting after spraying out under high heat, not a straightforward spontaneous explosion. It’s also easy to miss from the article alone that the “over 1,700 companies gone” figure includes not just bankruptcies but plenty of voluntary closures due to a lack of successors.

    *This article is excerpted and summarized from the 5ch (News Speed+) thread “[Gas Stations] Rural gas stations disappearing — bankruptcies and closures rise for 5th straight year, over 1,700 companies gone in a decade.”

  • New NISA’s Full Allowance Could Secure Your Retirement, Yet Almost Nobody Bothers — 5ch: “Only Guys Still Mooching Off Mom and Dad Can Manage It”

    The New NISA program’s lifetime tax-free investment cap of ¥18 million works out to exactly what you’d accumulate by investing ¥50,000 a month for 30 straight years. That alone would be enough to secure a comfortable retirement, yet surprisingly few people actually do it — a puzzle that became a hot topic on 5ch. The thread saw pushback against the claim that “statistically, only weirdos can keep investing for a full 30 years,” with posters arguing that how fast you fill the allowance depends heavily on your income and family situation. The discussion also touched on a deeper values question — whether it’s worth denying yourself in your youth just to leave money for old age — and lifestyle choices like whether staying at your parents’ house is the way to max out the cap faster.

    1AnonymousSep 12, 2026 08:34
    Once your retirement is basically locked in
    you can spend your current paycheck freely and put it toward self-improvement or hobbies instead
    5AnonymousSep 12, 2026 08:37
    That's because the human brain is wired to weigh the present more heavily than an uncertain future
    6AnonymousSep 12, 2026 08:38
    Re: #5
    That's exactly why — max out your NISA and just leave it alone,
    and you can spend your current salary and bonuses however you want without a worry
    10AnonymousSep 12, 2026 08:41
    Why do you assume you'll even be alive in 30 years?
    58AnonymousSep 12, 2026 09:16
    Re: #10
    The odds of living long are higher than the odds of dying young
    14AnonymousSep 12, 2026 08:47
    Investing ¥50,000 a month takes 30 years to hit the cap
    Anyone who can keep investing with that kind of long-term horizon is statistically borderline weird
    19AnonymousSep 12, 2026 08:52
    Re: #14
    If you're still only take-home ¥200,000 a month after 30 years on the job, that'd be tough to pull off
    15AnonymousSep 12, 2026 08:48
    What's the point of denying yourself when you're young, just to leave money behind for an old age when your libido, appetite, and drive have all faded away?
    22AnonymousSep 12, 2026 08:53
    Re: #19
    That's why you're supposed to actually raise your income as you move through life stages
    25AnonymousSep 12, 2026 08:55
    Re: #22
    So if you live a normal life, filling the cap shouldn't even take 10 years
    24AnonymousSep 12, 2026 08:55
    If you're single, all that saved money just ends up paying for a nursing home anyway
    29AnonymousSep 12, 2026 08:57
    Re: #24
    So you're saying you'll keep working even as an old man?
    31AnonymousSep 12, 2026 08:57
    You could pull it off by living with your parents (a "kodo-oji," slang for a grown man still at home) into your 30s and dumping your whole paycheck in, but it's sad that it also locks in a life of being single
    92AnonymousSep 12, 2026 09:27
    Re: #31
    Maybe the move is: finish high school, live with your parents for 5-7 years to fill it up, then move out at 25
    36AnonymousSep 12, 2026 08:59
    Only an idiot sacrifices their youth for retirement
    it's not like your assets are guaranteed to keep growing forever anyway
    39AnonymousSep 12, 2026 09:00
    Re: #36
    Ever heard of the idea of putting your spare cash into investing instead?
    42AnonymousSep 12, 2026 09:01
    Re: #36
    Or are you just too broke to invest in the first place?
    48AnonymousSep 12, 2026 09:06
    Male full-time employees in Tokyo have the highest average salary in the whole country, and even that's only ¥5.5-6 million a year — there's no way you're maxing out NISA while young on that
    Only guys still living with their parents can pull it off
    52AnonymousSep 12, 2026 09:12
    Re: #48
    If you're not left with spare cash on that salary, what kind of lifestyle are you even living?
    53AnonymousSep 12, 2026 09:12
    Re: #48
    As long as you're not rushing to fill it in record time, it's easily doable
    56AnonymousSep 12, 2026 09:15
    Re: #52 Re: #53
    If you've got a wife and kids to support, there's no way
    Only guys still living with their parents can manage it
    59AnonymousSep 12, 2026 09:16
    Re: #56
    If you're that strapped for cash, you shouldn't be getting married and having kids in the first place
    60AnonymousSep 12, 2026 09:18
    Re: #56
    Guess it's impossible then
    Please keep working till you die, laborer ✌︎('ω')✌︎
    66AnonymousSep 12, 2026 09:19
    Re: #59 Re: #60
    Seriously, only guys still living with their parents can do it
    68AnonymousSep 12, 2026 09:19
    Re: #66
    My household's dual-income, so it's easy for us

    Sorry about that….
    73AnonymousSep 12, 2026 09:21
    Honestly, it works out better for me if there are plenty of old people still working until they die, so please, skip the investing and just keep thinking exactly the way you already do
    78AnonymousSep 12, 2026 09:22
    Re: #73
    If society ends up flooded with old people working till they die, that'll keep wage growth suppressed, you know
    82AnonymousSep 12, 2026 09:23
    Re: #78
    That actually works out better for investors
    84AnonymousSep 12, 2026 09:24
    Re: #78
    That's exactly why I'm investing now — so I won't have to work by then
    89AnonymousSep 12, 2026 09:26
    Everyone treats NISA like a guaranteed win, but is that actually true?
    94AnonymousSep 12, 2026 09:27
    Re: #89
    The cap is only ¥18 million, so it's not something to bet everything on — yet somehow a ton of people are doing exactly that
    96AnonymousSep 12, 2026 09:28
    Re: #89
    It all depends on what you actually buy within the NISA account
    102AnonymousSep 12, 2026 09:35
    My portfolio's down ¥500,000 from last month — is this really going to be okay?
    104AnonymousSep 12, 2026 09:36
    Re: #102
    You're panicking over that little? What did you even do during the tariff shock, lol
    106AnonymousSep 12, 2026 09:36
    Re: #102
    In that case you're probably still up about ¥1.5 million compared to last year

    Background and Key Points of the Debate

    New NISA launched in 2024, and separate from its annual investment allowance (¥1.2 million for the “tsumitate” accumulation track plus ¥2.4 million for the growth-investment track), it sets a lifetime tax-free cap of ¥18 million. Investing ¥50,000 a month for 30 years comes to exactly ¥18 million, so the thread’s underlying math checks out. The real point of contention was how common it actually is to have the income and family situation needed to sustain that kind of investing for decades — opinions split sharply into “impossible” versus “easy” depending on whether posters were single, married, or still living with their parents. What tends to get overlooked, though, is that NISA is simply a scheme for making investment gains tax-free — it does not guarantee your principal or your returns. Notably, one poster in the thread reported their holdings had dropped in value month-over-month, a reminder that the assumption “max it out and your retirement is secure” still carries real market risk.

    ※This article is compiled and summarized from a 5ch thread on the Nandemo Jikkyo G (“Live Galileo”) board titled “Isn’t It Weird How Few People Max Out New NISA and Just Leave It for 30 Years, When That Would Secure Their Retirement?“

  • Nikkei Plunges as Much as ¥1,600 as Oil Prices Surge — 5ch: “Don’t Look at the Points, Look at the Percentage”

    On the 11th, the Nikkei Stock Average opened lower on the Tokyo exchange, falling by more than 1,600 yen at one point. The drop came against a backdrop of surging New York crude oil futures — driven by expectations that tensions in the Middle East will remain elevated for a long time — and a broad decline across major U.S. stock indexes in the previous day’s trading. On 5ch discussion threads, reactions were split: some voiced alarm at the size of the point drop, while others took a calmer view, noting that “in percentage terms it’s only about 2.3%” or that “it just brought us back to where we were a month ago.” The discussion also touched on how the drop might affect the Bank of Japan’s interest rate decision, as well as concerns among individual investors dollar-cost averaging into mutual funds through NISA about their paper gains.

    The Nikkei Stock Average opened lower on the Tokyo exchange on the 11th, falling in early trading. The opening price was 64,276.82, down 994.13 yen from the previous day’s close. New York crude oil futures surged on the view that tensions in the Middle East will remain high for an extended period, and on the 10th, major U.S. stock indexes all declined. Concerns spread that surging oil prices and rising interest rates could weigh on the economy and corporate earnings, and at one point the Nikkei’s decline exceeded 1,600 yen.

    [Nikkei QUICK News (NQN)]

    Nikkei, September 11, 2026, 9:11 AM

    Source: nikkei.com / Original article here

    9AnonymousSep 11, 2026 09:19
    So, with this crash trend, does the BOJ actually have the guts to raise rates? (lol)
    Go ahead and try it, then (lol)
    13AnonymousSep 11, 2026 09:20
    Re: #9
    Interest rates have nothing to do with stock prices lol
    63AnonymousSep 11, 2026 09:31
    Re: #9
    Isn't it the other way around? I thought the stock price dropped because they hinted at a rate hike.
    Honestly, isn't holding off on raising rates getting hard to justify by now?
    102AnonymousSep 11, 2026 09:43
    Re: #9
    Huh? Of course it's related.
    What kind of idiot central bank hikes rates while the stock market's crashing and the market's in a panic, triggering a reverse wealth effect that chills consumption and drags the economy into the ground?
    Just because their mandate is price stability doesn't mean they can ram through a rate hike while ignoring market chaos — anyone who thinks that's possible is way too naive.
    30AnonymousSep 11, 2026 09:24
    It's gonna drop all the way to 50,000 lolol
    53AnonymousSep 11, 2026 09:28
    It's no big deal — we just went back to where we were a month ago.

    But I do love watching the "missed the boat" crowd like Re: #30 get all worked up about it.
    33AnonymousSep 11, 2026 09:25
    I don't really care about stocks, but with expensive oil and a weak yen, prices are gonna get even worse and life's gonna get tougher.
    Let's all apologize to Iran and go invade Israel instead.
    39AnonymousSep 11, 2026 09:26
    Re: #33
    America would have some strong words for us about that.
    38AnonymousSep 11, 2026 09:26
    Don't look at the point drop, look at the percentage.
    It's only -2.3%.
    Back when the Nikkei was at 15,000, that would've been a drop of about 350 yen.
    103AnonymousSep 11, 2026 09:43
    Re: #38
    Well, but that figure also includes people who piled in with absurd amounts of leverage, so if one of them decides it's time to bail, you might see some seriously wild swings.
    73AnonymousSep 11, 2026 09:35
    It's still got further to fall. Are people's NISA accounts gonna be okay?
    76AnonymousSep 11, 2026 09:36
    Re: #73
    The All-Country World fund ("Orukan") is done for.
    85AnonymousSep 11, 2026 09:38
    Re: #73
    I've been dollar-cost averaging into the All-Country fund through NISA since last November, but between this and the exchange rate, I'm like… where did my gains go?
    79AnonymousSep 11, 2026 09:37
    It's already down 2,000 yen?
    This feels like Eikichi Yazawa's unstoppable "Ah-ha!" (a famous ad-lib from the Japanese rock legend).
    88AnonymousSep 11, 2026 09:39
    Re: #79
    Isn't that the one where he throws the towel? lol
    83AnonymousSep 11, 2026 09:37
    Re: #1
    >due to the view that Middle East tensions will remain heightened for the long term

    We've known that for six months already.
    Don't tell me people actually believed the Trump administration on this?
    86AnonymousSep 11, 2026 09:38
    Re: #83
    PM Takaichi cut the gasoline tax thinking it'd all be over soon.
    118AnonymousSep 11, 2026 09:49
    People with fixed-term deposits are the real winners here.
    Not a single yen lost lolololololololololol
    123AnonymousSep 11, 2026 09:50
    Re: #118
    By that logic, wouldn't government bonds be even better since they yield more than a fixed deposit?
    I've actually been buying up a bunch of them myself lately lol
    124AnonymousSep 11, 2026 09:51
    "Kioxia will hit 100,000 yen by year-end."
    "Kioxia will hit 100,000 yen by year-end."
    "Kioxia will hit 100,000 yen by year-end."
    128AnonymousSep 11, 2026 09:53
    Re: #124
    That's a wild price considering it's after the stock split.
    134AnonymousSep 11, 2026 09:55
    Re: #124
    Sounds like something rookie-investor "Shinji" would say lol
    126AnonymousSep 11, 2026 09:52
    Re: #118
    That's the same as taking a real loss once you factor in inflation, you know.
    129AnonymousSep 11, 2026 09:53
    Re: #126
    Still way better than losing money buying the All-Country fund through NISA. It's already too high a level for me to buy in now.
    As for government bonds, no thanks — I don't want them sneaking through a constitutional amendment during the 1-year lockup and turning it into a 10-year lockup.
    133AnonymousSep 11, 2026 09:55
    Re: #129
    Well, paying attention to market conditions is always a good thing.
    142AnonymousSep 11, 2026 09:59
    Re: #129
    At least from this year into next, I think holding cash is the right call.
    151AnonymousSep 11, 2026 10:02
    With the Iran war escalating, there's no way stocks are going up.
    Stocks are the first thing dumped when people flee to safety — they're a risk-sensitive asset.
    What gets stronger in times like this is the US dollar.
    157AnonymousSep 11, 2026 10:04
    Re: #151
    Actually, the currency that's risen the most since the Iran war started is the yen, lol
    158AnonymousSep 11, 2026 10:04
    Re: #151
    No, the whole dollar-as-reserve-currency system itself is under threat.
    Ups and downs aside, gold is still the safer bet.
    152AnonymousSep 11, 2026 10:02
    Re: #147
    Compare that to inflation in the rest of the world.
    153AnonymousSep 11, 2026 10:03
    Re: #152
    In most of the world, national health insurance is either cheap or nonexistent.
    160AnonymousSep 11, 2026 10:05
    Re: #152
    China's in deflation, though.

    Background and Key Points

    The Nikkei’s drop of more than 1,600 yen at one point was driven by surging New York crude oil futures amid expectations that Middle East tensions will remain elevated for the long term, and the resulting decline in U.S. stocks the previous day. Since higher oil prices translate directly into higher domestic prices and gasoline costs, the thread also touched on economic policy responses such as the government’s gasoline tax cut. Opinions were split on how to read the size of the drop: some reacted to the raw figure of 1,600 yen, while others pointed out that in percentage terms it’s only about 2.3%, and that the point drop looks larger simply because the Nikkei’s overall level is higher than it used to be. Individual investors dollar-cost averaging into mutual funds (like the “Orukan” All-Country fund) through NISA also voiced concern about their shrinking unrealized gains, reflecting the experience of those who started investing after the new NISA program launched. Note that views on the relationship between this drop and the Bank of Japan’s rate decision were split — some argued “rate hikes have nothing to do with stock prices,” others that “hiking rates during a stock slump would cool the economy” — so no market consensus had formed at the time this article was written.

    *This article is excerpted and summarized from the 5ch (News Speed+) thread “[Stock Prices] Nikkei Average Opens Sharply Lower, Down 1,600 Yen at One Point Amid Oil Surge Concerns.”

  • Wheat Sell-Off Price Jumps 12% — 5ch: “It’s Only Cheap Because of Tax Subsidies”

    On the 9th, the Ministry of Agriculture, Forestry and Fisheries announced that the government’s selling price for imported wheat, effective from October, will rise 12% compared to the April–September 2026 period, to ¥70,020 per ton (weighted average of five brands). The main drivers are said to be rising international prices and a weaker yen, and this could add pressure to raise prices on wheat-based foods like bread and noodles. On the thread, some pointed to the stalled Ukraine peace talks pushing up international prices, as well as the mechanism by which the government props up import wheat prices using tax money, while others linked it to the shift away from rice or noted that bread prices stayed flat during past price-cut phases — leaving reactions to the hike divided.

    On the 9th, the Ministry of Agriculture, Forestry and Fisheries announced that the government’s selling price for imported wheat from October will be ¥70,020 per ton (weighted average of five brands), a 12% increase from the April–September 2026 period.

    Nikkei

    Source: nikkei.com / Original article here

    5AnonymousSep 11, 2026 02:59
    RIP pasta folks
    8AnonymousSep 11, 2026 03:04
    Re: #5
    Isn't pasta made overseas safe? This is about domestic wheat.
    211AnonymousSep 11, 2026 06:50
    Re: #8
    Wheat prices are up like 40% on the global market, so it's worse overseas than in Japan, isn't it?
    6AnonymousSep 11, 2026 03:01
    These guys won't buy rice… fine, let's jack up wheat instead!
    107AnonymousSep 11, 2026 05:30
    Re: #6
    Seriously, I bet that's exactly it.
    112AnonymousSep 11, 2026 05:38
    Re: #6
    Oh, they wanna go there? Fine then — I'll refuse to buy rice out of pure spite. First, let's tear down the rice industry. All-out war it is!
    10AnonymousSep 11, 2026 03:11
    The Ministry of Agriculture, Forestry and Fisheries — absolute traitors. This is obviously a retaliatory price hike because rice isn't selling. These guys really are the enemy of the people.
    47AnonymousSep 11, 2026 04:12
    Re: #10
    "Retaliatory price hike"… imported wheat is only cheap because of government subsidies. If trading companies were just buying it outright, it'd never be anywhere near rice prices. Japan gets subsidies from the government for both oil and wheat — that's the only reason we can buy at today's prices. Cargo ships are also taking longer routes now. With fuel and labor costs both soaring, selling at the same old price just means the strain gets dumped somewhere else. Is that really okay?
    20AnonymousSep 11, 2026 03:30
    Guess that's the end of the road for rice-substitute demand. Might as well go back to rice.
    86AnonymousSep 11, 2026 05:13
    Re: #20
    Still way cheaper than rice, and cooking rice is a hassle and takes forever.
    25AnonymousSep 11, 2026 03:34
    Production is down across Europe and the US due to drought. Australia's apparently struggling too, so udon will go up as well. Well, we've got a rice surplus so no big deal.
    27AnonymousSep 11, 2026 03:37
    Re: #25
    Wrong. Prices rose because it's looking more likely the Ukraine-Russia peace talks will hit a dead end. On top of that, some idiot (Japan) showed up to buy while deliberately tanking their own currency, so of course they got charged a premium. China, after all, is happily buying up huge quantities. When someone with no money shows up, of course they get taken for a ride.
    33AnonymousSep 11, 2026 03:47
    The price spiked to ¥76,000 back in 2022, then gradually dropped about 20% over recent years, and now it's just ticked up a bit from that low. Retailers already jacked up product prices plenty when it hit its peak, and never lowered them even when the government selling price came back down — but the second it ticks up slightly, it's an instant price hike?
    46AnonymousSep 11, 2026 04:10
    Re: #33
    Back in 2022 the yen was around 110-140 to the dollar, you know.
    41AnonymousSep 11, 2026 04:04
    It really has to be rice after all. Rice, millet, foxtail millet, and buckwheat — that's what suits the Japanese body.
    43AnonymousSep 11, 2026 04:05
    Rice farmers are shutting down at a record pace, and now wheat's spiking too. What are Japanese people supposed to do? Just die happily while basking in the weak yen?
    77AnonymousSep 11, 2026 05:03
    Re: #43
    Yesterday's news said rice farmer closures this year are at a record pace, but it was a clickbait headline — turned out to be just 32 cases nationwide.
    78AnonymousSep 11, 2026 05:04
    Re: #43
    That garbage article about "32 closures from January to August" was something else. I wonder how many rice farms are even left in Japan.
    59AnonymousSep 11, 2026 04:41
    This is gonna push bread prices up. Last time wheat prices rose, sweet buns and the like went up 10-20 yen across the board.
    74AnonymousSep 11, 2026 04:59
    Re: #59
    Even after the Ukraine war, the government's import wheat selling price kept dropping, but Yamazaki Bread kept raising prices anyway. So what else is new.
    62AnonymousSep 11, 2026 04:45
    Keep eating your bread and pasta loaded with glyphosate! You don't need rice, right? (lol)
    65AnonymousSep 11, 2026 04:48
    Re: #62
    Poor people have no choice but to eat it anyway.
    73AnonymousSep 11, 2026 04:56
    Is there anyone in this thread actually saying rice doesn't need to be grown domestically?
    82AnonymousSep 11, 2026 05:07
    Re: #73
    Before that — do we even need to eat it at all? There are plenty of other things that can serve as a staple. We should've learned that from the rice price hikes.
    80AnonymousSep 11, 2026 05:05
    But you're still gonna eat bread and pasta, right? That's literally what you guys were saying lol
    99AnonymousSep 11, 2026 05:25
    Re: #80
    We're not in the employment ice age anymore working for 800 yen an hour, so 5ch users these days aren't exactly hurting for cash.
    91AnonymousSep 11, 2026 05:18
    It's over, nya. Guess I'll live on potatoes, nya.
    94AnonymousSep 11, 2026 05:22
    Re: #91
    Steamed potatoes topped with shiokara (salted fermented seafood) are delicious.
    202AnonymousSep 11, 2026 06:46
    Wheat products are cheap only because the government keeps dumping tax money into imported wheat to suppress the price. Also, American rice has already jumped 60% this year alone and is set to spike even further. Saying "just import our staple food then" is beyond stupid.
    206AnonymousSep 11, 2026 06:49
    Re: #202
    Wheat is already dependent on imports to begin with, though.
    207AnonymousSep 11, 2026 06:49
    Re: #202
    So scrapping the tariffs should be fine then, right?

    Background and Key Points of This Story

    Imported wheat isn’t bought by private trading companies but purchased in bulk by the government, under a “state trading” system that revises the government selling price twice a year (April and October) to reflect recent international prices and exchange rates. This is a holdover from the postwar food control system, meant to supply the domestic milling and baking industries with wheat at stable prices. This time’s 12% increase results from international prices staying elevated amid uncertainty over the situation in Ukraine, combined with a weaker yen — it isn’t simply a matter of tight supply and demand. It’s also worth noting that a higher selling price doesn’t necessarily translate into an equivalent rise in retail prices — in fact, there have been past cases where retail prices for bread and similar goods stayed flat even as the selling price dropped — and it’s easy to overlook that cost structures involve factors beyond wheat itself, like labor and logistics costs.

    ※This article is excerpted and summarized from the 5ch (News Express+) thread “Government wheat selling price raised 12%, reflecting high international prices and a weak yen — could increase pressure to raise prices on bread and noodles.”

  • “If You Don’t Like the Rent Hike, Don’t Live in Tokyo” — Why More Realtors Are Saying This

    A story about Tokyo rental housing is making waves on 5ch: tenants say landlords and realtors are pushing rent increases even outside the normal renewal period, and when tenants refuse, some are bluntly told, “If you don’t like it, don’t live in Tokyo.” Thread posters point to the weak yen, soaring repair costs, and a supply-demand imbalance as drivers of the hikes, while others countered with legal arguments — under Japan’s Land and House Lease Law, landlords can’t just raise rent unilaterally; an increase is only allowed if it brings the rent in line with the going rate in the area. Opinion was split on whether low-income residents can still afford to stay in the city.

    In recent years, it’s become the norm for tenants to face hard-nosed rent-hike negotiations from realtors when their apartment lease comes up for renewal. Now it seems cases are increasing where realtors push for a rent increase even when it isn’t renewal time at all.

    Apparently it’s no longer rare these days for tenants who refuse the increase to get hit with a harsh line like, “If you don’t like the rent hike, don’t live in Tokyo!” The story goes that realtors tend to take an especially hard line with younger tenants.

    So why are more and more realtors acting like this? The answer is remarkably simple.

    Source: news.yahoo.co.jp / Read the original article here

    5AnonymousSep 11, 2026 00:18
    The weak yen is brutal, man.
    Rent just keeps ballooning bigger and bigger.
    11AnonymousSep 11, 2026 00:20
    Re: #5
    With intervention it's at 153 yen [to the dollar], so rent will come down too
    10AnonymousSep 11, 2026 00:19
    Well of course
    Tokyo has the worst cost-of-living inflation in the country
    Landlords can't keep going without raising rent either
    16AnonymousSep 11, 2026 00:21
    Re: #10
    They don't have to "keep going" — nobody asked them to be landlords in the first place
    28AnonymousSep 11, 2026 00:25
    Just abolish every other prefecture and turn all of Japan into Tokyo — problem solved
    34AnonymousSep 11, 2026 00:26
    You know how in front of some office building in Bunkyo Ward,
    right on the street, in the 1st-floor entrance or elevator hall —
    a shared space where any passerby can see straight in —

    companies just have their own delivery boxes piled up out in the open like that?
    It's starting to look more and more like some run-down tenement row. It's getting really bad.
    35AnonymousSep 11, 2026 00:26
    The real estate bubble should be reined in, but a blunt regulation like the old "total volume regulation" (a lending cap on real estate loans used in the late-1980s bubble era) could cause a full-blown collapse if it's mishandled. Just legally mandating remote work to cut commuting demand alone would remove the need to live in Tokyo at all — everyone would spread out and the real estate market would settle down.
    53AnonymousSep 11, 2026 00:30
    Re: #35
    Back in the bubble era, I recall the media was singing praises for [BOJ governor] Mieno's monetary tightening, the total-volume lending regulation, and the land value tax
    38AnonymousSep 11, 2026 00:26
    But landlords in Japan can't just raise the rent on a whim, lol
    201AnonymousSep 11, 2026 01:09
    Re: #38
    If it's brought in line with the going rate in the area, a rent hike is allowed
    39AnonymousSep 11, 2026 00:26
    Repair costs are going up too, and you can't just skip maintenance
    43AnonymousSep 11, 2026 00:28
    Re: #39
    Well, even getting the repairs done at all would be an improvement — no matter how much money you offer, more and more cases are falling through because you just can't find tradespeople to do the work
    71AnonymousSep 11, 2026 00:34
    Legally speaking, in Japan rent basically stays fixed at whatever amount was set at the start.

    Raising it partway through the lease is nearly impossible.
    It ultimately ends up in court, but a rent hike big enough to be worth the legal costs is pretty much unwinnable.
    And on top of that, the landlord's side keeps losing every one of those rulings.
    83AnonymousSep 11, 2026 00:36
    Re: #71
    Same goes for leasehold rights — but that's basically like employment protection law, a last line of defense for the tenant
    158AnonymousSep 11, 2026 00:58
    Re: #71
    Once we're in a rate-hike environment, that won't hold up so easily though
    79AnonymousSep 11, 2026 00:36
    Supply and demand
    Sellers and buyers
    Right now sellers have the upper hand
    Eventually the tables will turn
    89AnonymousSep 11, 2026 00:37
    Re: #79
    Tokyo's over-concentration is what's wrecking that balance — in Tokyo, even a place with terrible public safety, or somewhere the hazard maps say you really shouldn't live, still sells just fine
    106AnonymousSep 11, 2026 00:40
    Low-income Japanese people basically can't afford to live in Tokyo anymore
    113AnonymousSep 11, 2026 00:41
    Re: #106
    People whose family has owned a house in Tokyo since their grandparents' generation can just keep living there
    141AnonymousSep 11, 2026 00:51
    Re: #106
    Just become a "kidult" (an adult who never moved out of their childhood bedroom) then
    152AnonymousSep 11, 2026 00:56
    As a UR tenant (public rental housing corporation), I'm just watching this play out from a safe distance
    153AnonymousSep 11, 2026 00:57
    The Tokyo metropolitan government should just subsidize it
    155AnonymousSep 11, 2026 00:58
    Re: #153
    This is [Governor] Koike's moment to prove herself
    165AnonymousSep 11, 2026 01:00
    Re: #153
    And you can be the one funding that subsidy
    200AnonymousSep 11, 2026 01:09
    When I was a student in Tokyo, there was a guy who pitched a tent on campus for all four years and used his club's facilities to shower — and he graduated like that
    218AnonymousSep 11, 2026 01:17
    Re: #200
    In the mid-Heisei era (roughly the 1990s) there was a college student living in a run-down wooden apartment: a single 3-tatami-mat room, no bath, shared toilet and kitchen. In Tokyo, of course
    229AnonymousSep 11, 2026 01:21
    Re: #200
    Way back in the day, apparently some guys actually lived in their club room. Unthinkable now — though some auditing students living in a certain university's dorm today aren't that different

    Background and Key Points of the Debate

    Behind this story is a structural problem: Tokyo’s housing supply isn’t keeping up with demand, compounded by the weak yen driving up construction and repair costs. What split opinion in the thread wasn’t so much whether rent hikes are justified, but how much protection a tenant who refuses actually has — commenters noted that under Japan’s Land and House Lease Law, a landlord cannot unilaterally raise rent; an increase is only recognized after comparison with local market rates or, ultimately, a court ruling. One point readers often misunderstand is that a rent-hike demand at lease renewal and one pushed outside the renewal window are legally different situations — the latter tends to hinge much more on the realtor’s negotiating leverage. The thread also touched on finer points like whether low-income households can keep living in the city, and the difference between UR housing and public housing.

    *This article is excerpted and summarized from the 5ch (News Speed+) thread “Why more realtors are lately saying, “If you don’t like the rent hike, don’t live in Tokyo!”“