Reports

Japan's Economy: Monthly Outlook (Sep 2026)

The Reiwa-Era Economic Expansion: Its Characteristics and Challenges as Japan’s Longest Postwar Expansion

Japan's Economy: Monthly Outlook (Aug 2026)

Amid lingering risks related to the situation in the Middle East, the economy is expected to continue its moderate expansion

Reading the “TACO” Index: Signs of President Trump’s “TACO” Behavior

Signs of a policy shift reflected in the market and public opinion

Key Takeaways from the Basic Policy on Economic and Fiscal Management and Reform, Part 3: Prioritizing the reduction of social insurance contributions for the working generation

Refundable tax credit and "bridge" consumption tax cut set for introduction with policy decisions expected in early August

Key Takeaways from the Basic Policy on Economic and Fiscal Management and Reform, Part 2: The 2030s Will Be the Litmus Test for “Responsible Active Fiscal Policy”

Fiscal management must look beyond the post–“fiscal bonus period” and should not be predicated on growth materializing

Key Takeaways from the Basic Policy on Economic and Fiscal Management and Reform, Part 1: Can High Growth be Achieved Through Crisis Management Investments and Growth Investments?

Productivity growth outpacing that of the US will be required, and managing the progress of growth strategy will also be a challenge

Middle East Situation Enters a New Phase; Persistently High Crude Oil Prices Likely to Expand the Outflow of Income Overseas

Easing Semiconductor Supply–Demand Tightness and Weak External Demand Will Likely Become Factors that Further Increase Downward Pressure on Future Trading Losses

Post-Quantum Cryptography

Proof of Concept Results and Crypto-Migration Strategy at Daiwa Securities Group

Yen at its Weakest Against the Dollar in About 40 Years – What Impact Will This Have on the Japanese Economy?

Benefits of the weak yen have been unevenly distributed; impact on real GDP over the past year was -0.14%

Uncertainties for the Japanese Economy Caused by the Naphtha Problem

Rising prices are unavoidable, and if supply shortages occur, they could further drag down the economy