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Abe launches new Cabinet

TOKYO, Japan - Japanese Prime Minister Shinzo Abe attends a press conference at the prime minister's office in Tokyo on Dec. 24, 2014, as he launches his new Cabinet. He said the biggest challenge is to successfully promote his "Abenomics" policies.

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Abe launches new Cabinet

TOKYO, Japan - Japanese Prime Minister Shinzo Abe attends a press conference at the prime minister's office in Tokyo on Dec. 24, 2014, as he launches his new Cabinet. He said the biggest challenge is to successfully promote his "Abenomics" policies.

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Abe, Yamaguchi meet after general election

TOKYO, Japan - Japanese Prime Minister Shinzo Abe (R) shakes hands with Komeito leader Natsuo Yamaguchi in Tokyo on Dec. 15, 2014, after their ruling coalition retained a two-thirds majority in the lower house. During their meeting, they signed a policy agreement, which includes the promotion of "Abenomics."

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Election campaign begins with focus on "Abenomics"

SOMA, Japan - Prime Minister Shinzo Abe kicks off his party's campaign for the Dec. 14 general election in the disaster-hit northeastern Japan city of Soma on Dec. 2, 2014. Abe has said his "Abenomics" policy mix is the only way to end deflation and revive the economy.

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Election campaign begins with focus on "Abenomics"

SOMA, Japan - Prime Minister Shinzo Abe kicks off his party's campaign for the Dec. 14 general election in the disaster-hit northeastern Japan city of Soma on Dec. 2, 2014. Abe has said his "Abenomics" policy mix is the only way to end deflation and revive the economy.

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Election campaign begins with focus on "Abenomics"

SOMA, Japan - Prime Minister Shinzo Abe kicks off his party's campaign for the Dec. 14 general election in the disaster-hit northeastern Japan city of Soma on Dec. 2, 2014. Abe has said his "Abenomics" policy mix is the only way to end deflation and revive the economy.

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Election campaign begins with focus on "Abenomics"

TOKYO, Japan - Japanese Communist Party chief Kazuo Shii kicks off his party's campaign for the Dec. 14 general election in Tokyo's busy Shinjuku district on Dec. 2, 2014. Opposition parties, including the JCP, are pushing alternatives to "Abenomics," the economic policy package of Prime Minister Shinzo Abe, which they say has widened the gap between haves and have-nots.

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Election campaign begins with focus on "Abenomics"

OSAKA, Japan - Toru Hashimoto, co-leader of the opposition Japan Innovation Party, kicks off his party's campaign for the Dec. 14 general election in Osaka on Dec. 2, 2014. The opposition camp will try to end the one-party dominance by the Liberal Democratic Party, which held nearly 300 of the 480 seats in the House of Representatives before it was dissolved two weeks ago.

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Election campaign begins with focus on "Abenomics"

YOKOHAMA, Japan - Kenji Eda, co-leader of the opposition Japan Innovation Party, kicks off his party's campaign for the Dec. 14 general in Yokohama, near Tokyo, on Dec. 2, 2014. The opposition camp will try to end the one-party dominance by the Liberal Democratic Party, which held nearly 300 of the 480 seats in the House of Representatives before it was dissolved two weeks ago.

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Election campaign begins with focus on "Abenomics"

YOKOHAMA, Japan - Natsuo Yamaguchi, leader of the Komeito party, the junior coalition partner of the Liberal Democratic Party, starts the general election campaign on Dec. 2, 2014, in Yokohama, near Tokyo. The ruling coalition aims at another victory on Dec. 14, while the opposition camp will try to stop one-party dominance by the LDP, which held nearly 300 of the 480 seats in the House of Representatives before it was dissolved two weeks ago.

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Deserted shopping street in northern Japan

ISHINOMAKI, Japan - A street in front of East Japan Railway Co.'s Ishinomaki Station in Miyagi Prefecture, northeastern Japan, appears deserted with many shops closed for business on Nov. 24, 2014. Prime Minister Shinzo Abe's much-touted "Abenomics" policy mix designed to prop up domestic demand has not produced visible effects in most regional areas.

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LDP vows to follow through on Abenomics

TOKYO, Japan - Tomomi Inada, policy chief of the Liberal Democratic Party, announces the party's policy platform for the Dec. 14 general election in Tokyo, Japan, on Nov. 25, 2014. The ruling party pledged to follow through on Prime Minister Shinzo Abe's attempts to pull Japan out of deflation and revitalize the economy.

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LDP vows to follow through on Abenomics

TOKYO, Japan - Tomomi Inada, policy chief of the Liberal Democratic Party, announces the party's policy platform for the Dec. 14 general election in Tokyo, Japan, on Nov. 25, 2014. The ruling party pledged to follow through on Prime Minister Shinzo Abe's attempts to pull Japan out of deflation and revitalize the economy.

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DPJ election platform seeks change in "Abenomics"

TOKYO, Japan - Banri Kaieda, leader of the main opposition Democratic Party of Japan, shows the party platform for the Dec. 14 House of Representatives election on Nov. 24, 2014, at the DPJ headquarters in Tokyo.

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DPJ election platform seeks change in "Abenomics"

TOKYO, Japan - Banri Kaieda, leader of the main opposition Democratic Party of Japan, speaks at a meeting of senior party officials at the DPJ headquarters in Tokyo, Japan, on Nov. 24, 2014. The party presented its platform for the Dec. 14 House of Representatives election aiming to turn around Prime Minister Shinzo Abe's economic policies.

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DPJ election platform seeks change in "Abenomics"

TOKYO, Japan - Banri Kaieda, leader of the main opposition Democratic Party of Japan, speaks at a meeting of senior party officials at the DPJ headquarters in Tokyo, Japan, on Nov. 24, 2014. The party presented its platform for the Dec. 14 House of Representatives election aiming to turn around Prime Minister Shinzo Abe's economic policies.

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U.S. Treasury Secretary asks Japan to promote "Abenomics"

BRISBANE, Australia - Japan's Finance Minister Taro Aso meets the press after talks with U.S. Treasury Secretary Jack Lew in Brisbane, Australia, on Nov. 15, 2014, on the sidelines of the Group of 20 summit. Lew urged Japan to promote the "Abenomics" policy mix to prop up domestic demand that has remained sluggish following the April 1 consumption tax hike.

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Stiglitz in Japan

TOKYO, Japan - Joseph Stiglitz (L), a Nobel laureate in economics and professor at Columbia University, listens to Heizo Takenaka, a professor at Keio University, at an international conference on Japanese Prime Minister Shinzo Abe's economic policies, dubbed "Abenomics," in Tokyo's Minato Ward on May 31, 2013.

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Abe on Economist magazine cover

LONDON, Britain - Photo taken May 17, 2013, shows the cover of British magazine The Economist put on sale the same day, featuring a caricature of Japanese Prime Minister Shinzo Abe comparing him to Superman. The edition carries an article on Abe's economic policies dubbed "Abenomics."

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"2% up" bra

TOKYO, Japan - Models Arisa Watanabe (L) and Alisa wear "Branomics" brassieres from Triumph International (Japan) Ltd. during a rollout event in Tokyo on May 8, 2013. The underwear is aimed at firming up breasts by 2 percent, in tribute to the Bank of Japan's 2 percent price increase target under the "Abenomics" stimulus drive of Japanese Prime Minister Shinzo Abe.

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"2% up" bra

TOKYO, Japan - Models wear "Branomics" brassieres from Triumph International (Japan) Ltd. during a rollout event in Tokyo on May 8, 2013. The underwear is aimed at firming up breasts by 2 percent, in tribute to the Bank of Japan's 2 percent price increase target under the "Abenomics" stimulus drive of Japanese Prime Minister Shinzo Abe.

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"2% up" bra

TOKYO, Japan - Models Arisa Watanabe (L) and Alisa wear "Branomics" brassieres from Triumph International (Japan) Ltd. during a rollout event in Tokyo on May 8, 2013. The underwear is aimed at firming up breasts by 2 percent, in tribute to the Bank of Japan's 2 percent price increase target under the "Abenomics" stimulus drive of Japanese Prime Minister Shinzo Abe.

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Davos economic forum

DAVOS, Switzerland - Japan's economic and fiscal policy minister Akira Amari attends the World Economic Forum in Davos, Switzerland, on Jan. 26, 2013. Amari delivered a speech aimed at explaining Japan's policies, recently dubbed "Abenomics," to overcome persistent deflation and stimulate the sluggish economy.

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Campaigning begins for Japan's Oct. 31 general election

Campaigning for Japan's Oct. 31 general election began Tuesday, with new Prime Minister Fumio Kishida seeking a mandate for his COVID-19 and economic policies while opposition parties are banding together in a bid to loosen the ruling coalition's grip on power. Kishida, who took office on Oct. 4, has pledged to realize economic growth and redistribute wealth to the middle class in a course correction of "Abenomics," which has been criticized as helping lift corporate earnings and share prices but failing to spark wage gains. A stimulus package worth "tens of trillions of yen" to deal with the coronavirus pandemic will be drawn up within the year, he has said. As well as being a gauge of confidence in Kishida, a 64-year-old former foreign minister, the vote will be a referendum on nearly nine years of LDP governance under his predecessors Shinzo Abe and Yoshihide Suga.

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Japan opposition party on ex-PM Abe's economic policy

Yukio Edano (L), head of the main opposition Constitutional Democratic Party of Japan, receives a report in Tokyo on Sept. 21, 2021, from Kenji Eda, an executive deputy leader of the party, on former Prime Minister Shinzo Abe's economy-boosting program, dubbed "Abenomics."

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Japan opposition party on ex-PM Abe's economic policy

Yukio Edano, head of the main opposition Constitutional Democratic Party of Japan, speaks to reporters in Tokyo on Sept. 21, 2021, about the party's report on former Prime Minister Shinzo Abe's economy-boosting program, dubbed "Abenomics."

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Gov't gained mandate for "Abenomics," sales tax hike delay: Abe

Prime Minister Shinzo Abe smiles while being interviewed at the headquarters of his Liberal Democratic Party in Tokyo on July 10, 2016, following the House of Councillors election. Abe said the election has delivered the LDP and its junior coalition partner Komeito a mandate to continue his "Abenomics" policy despite his ditching of the target for raising the country's consumption tax. (Kyodo) ==Kyodo

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Gov't gained mandate for "Abenomics," sales tax hike delay: Abe

Prime Minister Shinzo Abe smiles while being interviewed at the headquarters of his Liberal Democratic Party in Tokyo on July 10, 2016, following the House of Councillors election. Abe said the election has delivered the LDP and its junior coalition partner Komeito a mandate to continue his "Abenomics" policy despite his ditching of the target for raising the country's consumption tax. (Kyodo) ==Kyodo

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Abe makes stump speech for upper house election

Prime Minister Shinzo Abe makes a stump speech in the northeastern Japan city of Sendai on June 25, 2016, for the July 10 House of Councillors election. Abe said that his economic policies, dubbed "Abenomics," have boosted the Japanese economy and opposition parties have shown no alternative. (Kyodo) ==Kyodo

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Abe makes stump speech for upper house election

Japanese Prime Minister Shinzo Abe makes a stump speech in Nara, western Japan, on June 10, 2016, for the July 10 House of Councillors election. Abe pledged to continue with his economic policies, dubbed "Abenomics," to end deflation. (Kyodo) ==Kyodo

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LDP commits to lifting economy in upper house election pledges

Liberal Democratic Party policy chief Tomomi Inada announces a campaign platform at the LDP headquarters in Tokyo on June 3, 2016, for the July 10 upper house election, pledging to push "Abenomics to its upper limit" to revive Japan's stagnant economy. (Kyodo) ==Kyodo

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LDP commits to lifting economy in upper house election pledges

Liberal Democratic Party policy chief Tomomi Inada announces a campaign platform at the LDP headquarters in Tokyo on June 3, 2016, for the July 10 upper house election, pledging to push "Abenomics to its upper limit" to revive Japan's stagnant economy. (Kyodo) ==Kyodo

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No-confidence motion against Abe Cabinet submitted

House of Representatives Speaker Tadamori Oshima (3rd from L) receives a motion of no confidence in Prime Minister Shinzo Abe's Cabinet from senior lawmakers of four opposition parties at the Diet on May 31, 2016. The opposition bloc argues the government's economic policies, dubbed "Abenomics," have failed in light of Abe's decision to postpone the planned consumption tax hike. (Kyodo) ==Kyodo

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Opposition parties to submit no-confidence motion against Abe

Katsuya Okada (standing), leader of the main opposition Democratic Party, addresses an extraordinary meeting of the party's senior lawmakers at the Diet in Tokyo on May 31, 2016. Four opposition parties will jointly submit a motion of no confidence against Prime Minister Shinzo Abe's Cabinet later in the day, arguing the government's economic policies, dubbed "Abenomics," have failed in light of Abe's decision to postpone the planned consumption tax hike. (Kyodo) ==Kyodo

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G-7 leaders agree global economy faces serious risks, Abe says

Japanese Prime Minister Shinzo Abe speaks to reporters at Shima Kanko Hotel Classic in Shima, central Japan, on May 26, 2016, after a session on the global economy during the first day of the two-day summit of the Group of Seven countries. Abe said the leaders agreed the world economy faces "serious risks" and that he would like to expand the effects of "Abenomics" -- the fiscal and economic policy mix promoted under his government -- to the rest of the world. (Pool photo)(Kyodo) ==Kyodo

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G-7 leaders agree global economy faces serious risks, Abe says

Japanese Prime Minister Shinzo Abe speaks to reporters at Shima Kanko Hotel Classic in Shima, central Japan, on May 26, 2016, after a session on the global economy during the first day of the two-day summit of the Group of Seven countries. Abe said the leaders agreed the world economy faces "serious risks" and that he would like to expand the effects of "Abenomics" -- the fiscal and economic policy mix promoted under his government -- to the rest of the world. (Pool photo)(Kyodo) ==Kyodo

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Opposition parties consider no-confidence motion against Abe Cabinet

The leaders of four Japanese opposition parties -- Katsuya Okada (4th from L) of the Democratic Party, Ichiro Ozawa (3rd from L) of the People's Life Party, Kazuo Shii (3rd from R) of the Japanese Communist Party, and Tadatomo Yoshida (2nd from R) of the Social Democratic Party -- hold talks at the Diet building in Tokyo on May 19, 2016. The parties decided to consider jointly submitting a no-confidence motion against Prime Minister Shinzo Abe's Cabinet by June 1, the end of the current Diet session, due mainly to the failure of the government's economic policies, dubbed "Abenomics." (Kyodo) ==Kyodo

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Japan's Diet to enact record 96.72 tril. yen budget for FY 2016

Japanese Prime Minister Shinzo Abe speaks at the House of Councillors Budget Committee in Tokyo on March 29, 2016. Regarding the record 96.72 trillion yen budget for fiscal 2016, Abe said he would make use of increased tax revenue from his "Abenomics" policy mix to enhance nursing and childcare services, adding that speedy implementation of the budget would be "the greatest form of economic stimulus." (Kyodo) ==Kyodo

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New economy minister Ishihara attends press conference

Economic and Fiscal Policy Minister Nobuteru Ishihara attends a press conference in Tokyo on Jan. 29, 2016, a day after his appointment in the wake of the resignation of his predecessor Akira Amari. Ishihara said earlier in the day he is determined to promote the "Abenomics" policy mix initiated by Prime Minister Shinzo Abe. (Kyodo) ==Kyodo

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New economy minister Ishihara attends press conference

Economic and Fiscal Policy Minister Nobuteru Ishihara attends a press conference in Tokyo on Jan. 29, 2016, a day after his appointment in the wake of the resignation of his predecessor Akira Amari. Ishihara said earlier in the day he is determined to promote the "Abenomics" policy mix initiated by Prime Minister Shinzo Abe. (Kyodo) ==Kyodo

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New economy minister Ishihara attends press conference

Economic and Fiscal Policy Minister Nobuteru Ishihara attends a press conference in Tokyo on Jan. 29, 2016, a day after his appointment in the wake of the resignation of his predecessor Akira Amari. Ishihara said earlier in the day he is determined to promote the "Abenomics" policy mix initiated by Prime Minister Shinzo Abe. (Kyodo) ==Kyodo

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New economy minister Ishihara arrives at office

Economic and Fiscal Policy Minister Nobuteru Ishihara arrives at the Cabinet Office in Tokyo on Jan. 29, 2016, a day after his appointment in the wake of the resignation of his predecessor Akira Amari. Ishihara said earlier in the day he is determined to promote the "Abenomics" policy mix initiated by Prime Minister Shinzo Abe. (Kyodo) ==Kyodo

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New economy minister Ishihara meets with reporters

Economic and Fiscal Policy Minister Nobuteru Ishihara meets with reporters in front of his home in Tokyo on Jan. 29, 2016, a day after his appointment in the wake of the resignation of his predecessor Akira Amari. Ishihara said he is determined to promote the "Abenomics" policy mix initiated by Prime Minister Shinzo Abe. (Kyodo) ==Kyodo

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Abe to reshuffle Cabinet

Prime Minister Shinzo Abe (C) and key Cabinet members attend an extraordinary Cabinet meeting in Tokyo on Oct. 7, 2015, prior to its reshuffle. The Cabinet has suffered a plunge in public support recently over the push to enact contentious security legislation, while the "Abenomics" economic policy mix is stumbling in the face of the global economic slowdown. (Kyodo) ==Kyodo

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PM Abe attends Kendanren general meeting

Prime Minister Shinzo Abe (R) addresses the general meeting of the Japan Business Federation, or Keidanren, besides its chief Sadayuki Sakakibara in Tokyo on June 2, 2015. Abe said his "Abenomics" policies will enter a new stage to create a virtuous cycle of the economy and urged further business investment by the private sector. (Kyodo) ==Kyodo

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PM Abe attends Kendanren general meeting

Prime Minister Shinzo Abe (R) shakes hands with Sadayuki Sakakibara, chief of the Japan Business Federation, or Keidanren, during its general meeting in Tokyo on June 2, 2015. In his address, Abe said his "Abenomics" policies will enter a new stage to create a virtuous cycle of the economy and urged further business investment by the private sector. (Kyodo) ==Kyodo

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Abe meets with U.S. Chamber of Commerce chief Donohue

Japanese Prime Minister Shinzo Abe (R) meets with U.S. Chamber of Commerce head Thomas Donohue (L) in Washington on April 29, 2015. They talked about the Trans-Pacific Partnership initiative and Japan's Abenomics economic policies. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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Abe meets with U.S. Chamber of Commerce chief Donohue

Japanese Prime Minister Shinzo Abe (R) meets with U.S. Chamber of Commerce head Thomas Donohue (L) in Washington on April 29, 2015. They talked about the Trans-Pacific Partnership initiative and Japan's Abenomics economic policies. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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Gov't vows to advance Abenomics after Nikkei tops 20,000

Japanese Chief Cabinet Secretary Yoshihide Suga speaks at a press conference in Tokyo on April 10, 2015. He said the government will steadily promote the "Abenomics" policy mix to stem deflation and revitalize the economy after the Nikkei stock index topped 20,000 in the day's early trading for the first time in 15 years (Kyodo) ==Kyodo

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Slower tax revenue growth in aging Japan sees "Abenomics" at crossroads

Photo taken Nov. 8, 2016, shows Japanese Prime Minister Shinzo Abe attending a meeting of the Council on Economic and Fiscal Policy in Tokyo. As Japan takes on the challenge of fiscal reconstruction, slowing tax revenue growth is casting a shadow over the future of an aging society. (Kyodo) ==Kyodo