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Repair work at Kumamoto Castle

Photo taken April 10, 2024, shows Kumamoto Castle in Kumamoto, southwestern Japan, under repair after being severely damaged in a pair of massive earthquakes in April 2016. The castle is expected to be fully restored in fiscal 2052.

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Repair work at Kumamoto Castle

Photo taken April 5, 2024, shows Kumamoto Castle in Kumamoto, southwestern Japan, under repair after being severely damaged in a pair of massive earthquakes in April 2016. The castle is expected to be fully restored in fiscal 2052.

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Repair work at Kumamoto Castle

Photo taken April 5, 2024, shows Kumamoto Castle in Kumamoto, southwestern Japan, under repair after being severely damaged in a pair of massive earthquakes in April 2016. The castle is expected to be fully restored in fiscal 2052.

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G-7 summit begins, focus on global growth

ISE, Japan, May 26 Kyodo - U.S. President Barack Obama (L) and Japanese Prime Minister Shinzo Abe walk together during the Group of Seven leaders' visit to Ise Grand Shrine in Japan's Mie Prefecture on May 26, 2016. During the just-started G-7 summit, the leaders are expected to agree to implement flexible fiscal strategies and promote structural reforms to spur global growth. (Pool photo by Kyodo News)

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Abe willing to compile supplementary budget for reconstruction

TOKYO, April 25 Kyodo - Prime Minister Shinzo Abe (C) attends an emergency disaster meeting in Tokyo on April 25, 2016. Abe showed readiness to compile a supplementary budget for fiscal 2016 to promote reconstruction following powerful earthquakes in southwestern Japan.

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FSA to monitor effects of negative interest rate on banks: Aso

TOKYO, Feb. 2 Kyodo - Japanese Prime Minister Shinzo Abe (C), Economic and Fiscal Policy Minister Nobuteru Ishihara (L) and Finance Minister Taro Aso attend a Cabinet meeting in Tokyo on Feb. 2, 2016. Aso later told a press conference that the government will monitor the effects of the Bank of Japan's negative interest policy on financial institutions.

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Economy minister Amari vows "accountability" over bribery allegation

TOKYO, Jan. 20 Kyodo - Economy and Fiscal Policy Minister Akira Amari is seen at a press conference in Tokyo on Jan. 20, 2016, on the allegation that he received money in return for doing favors for a construction company.

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Panasonic vows 1 tril. yen investment toward FY 2018 sales goal

TOKYO, March 26 Kyodo - Kazuhiro Tsuga, president of Panasonic Corp., briefs reporters on the company's business plan for the fiscal year through March 2016 in Tokyo on March 26, 2015. Tsuga said Panasonic Corp. will spend 1 trillion yen ($844 billion) to carry out "strategic investment" projects centering on mergers and acquisitions, to increase annual sales to 10 trillion yen by fiscal 2018.

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Kyocera to launch fuel cells in FY 2016

OSAKA, Japan - Kyocera Corp. President Goro Yamaguchi takes part in an interview with Kyodo News in Osaka on Jan. 9, 2015. He said the electronic device maker plans to launch fuel cells in Japan for housing complexes and factories in fiscal 2016 ending in March 2017, with overseas sales also eyed.

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Hydrogen liquefier unveiled in Hyogo Pref.

OSAKA, Japan - Kawasaki Heavy Industries, Ltd. unveils its hydrogen liquefier, the first such facility by a Japanese maker, in the town of Harima, Hyogo Prefecture, western Japan, on Nov. 19, 2014. The commercial application of the system is planned for fiscal 2016, eyeing expected demand from hydrogen fueling stations for fuel cell vehicles.

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Sharp eyes 'igzo' LCD-based '4K' panel for smartphones

OSAKA, Japan - Photo taken on Nov. 11, 2014, shows Sharp Corp.'s prototype "4K" high-quality panel for smartphones based on its "igzo" LCD technology. Commercial production is envisaged in fiscal 2016.

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Large boiler installed at Kawasaki power station

KAWASAKI, Japan - Tokyo Electric Power Co. shows the installation of a large-scale boiler to the press at Kawasaki Thermal Power Station in Kawasaki, Kanagawa Prefecture, on Aug. 21, 2014. The station is planned to start operations in fiscal 2016.

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BOJ chief Kuroda

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ head office in Tokyo after a one-day policy meeting of the central bank on April 30, 2014. The BOJ said the country's consumer prices will likely rise around 2 percent in fiscal 2015 and fiscal 2016.

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BOJ chief Kuroda

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ head office in Tokyo after a one-day policy meeting of the central bank on April 30, 2014. The BOJ said the country's consumer prices will likely rise around 2 percent in fiscal 2015 and fiscal 2016.

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Sharp looks to double ASEAN sales in fiscal 2016

OSAKA, Japan - Photo taken June 13, 2013, shows washing machine models sold by Sharp Corp. in member countries of the Association of Southeast Asian Nations. Sharp said the same day it is looking to double its sales in the ASEAN region to 300 billion yen in the year through March 2017 by expanding its electrical appliance operations.

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Sharp looks to double ASEAN sales in fiscal 2016

OSAKA, Japan - Sharp Corp. Executive Managing Officer Noboru Fujimoto, who is in charge of the company's Asia-Pacific operations, holds a press conference in Osaka on June 13, 2013, on Sharp's operations in member countries of the Association of Southeast Asian Nations. Sharp said the same day it is looking to double its sales in the ASEAN region to 300 billion yen in the year through March 2017 by expanding its electrical appliance operations.

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Honda Motor president

TOKYO, Japan - Honda Motor Co. President Takanobu Ito speaks during an interview with Kyodo news in Tokyo on Dec. 18, 2012. Ito said the company is eyeing boosting production capacity in emerging Asian countries to help achieve its goal of doubling global auto sales to more than 6 million units in the five years through fiscal 2016.

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Nissan announces new business plan

TOKYO, Japan - Nissan Motor Co. President Carlos Ghosn announces the automaker's medium-term business plan from fiscal 2011 to 2016 dubbed ''Nissan Power 88'' during a news conference at the company's headquarters in Yokohama on June 27, 2011.

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Hokkaido shinkansen preparations

HAKODATE, Japan - Workers renew power supply lines in the Omonai Tunnel in Shiriuchi, Hokkaido, on Nov. 9, 2010, in preparation for the extension of the shinkansen bullet train to the northernmost Japan prefecture planned for the fiscal year through March 2016.

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Hokkaido shinkansen preparations

HAKODATE, Japan - Workers renew power supply lines in the Omonai Tunnel in Shiriuchi, Hokkaido, on Nov. 9, 2010, in preparation for the extension of the shinkansen bullet train to the northernmost Japan prefecture planned for the fiscal year through March 2016.

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Hokkaido shinkansen preparations

HAKODATE, Japan - Workers renew power supply lines in the Omonai Tunnel in Shiriuchi, Hokkaido, on Nov. 9, 2010, in preparation for the extension of the shinkansen bullet train to the northernmost Japan prefecture planned for the fiscal year through March 2016.

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Egypt targets primary budget surplus of 2.3 pct in FY 2024-25

STORY: Egypt targets primary budget surplus of 2.3 pct in FY 2024-25 DATELINE: Oct. 26, 2022 LENGTH: 00:00:58 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various exterior shots of the Central Bank of Egypt 2. various of employees counting banknotes 3. various exterior shots of Egypt's Finance Ministry in Cairo STORYLINE: Egypt is targeting a primary budget surplus of 2.3 percent of the GDP for the fiscal year 2024-25, Finance Minister Mohamed Maait said on Tuesday. Egypt's fiscal year begins in July and ends in June. Maait's remarks came on the sidelines of the Egyptian Economic Conference 2022 that kicked off on Sunday in the new administrative capital east of Cairo. The minister added that Egypt's budget deficit narrowed to 6.1 percent in June 2022, down from 12.5 percent in June 2016. He also said that the Egyptian government aims to decrease the budget deficit to 4 percent by 2027. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

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VTT, a simulated organ for surgical training by Kotobuki Giken

Kotobuki Giken has launched a new company to develop and sell simulated organs for surgical training using konjac. The company raised about 90 million yen through stock investment-type crowdfunding. The company will sell the products to medical equipment manufacturers as well as universities and hospitals. The company also has its sights set on overseas markets. The new company, KOTOBUKI Medical, was established with experts in venture management and medical equipment sales, and is headed by President Takayama. The company will be based in Kotobuki Giken. The new company will handle everything from the purchase of raw materials to processing and sales. The new company aims to achieve sales of 10 million yen in the fiscal year ending September 30, 2019, and to build a plant in 2008. President Takayama is enthusiastic, saying, "We want to make this a 3 billion yen business by 2016. (Photo taken on June 13, 2019, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)

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JAXA shows Mercury probe to press

The Japan Aerospace Exploration Agency displays its Mercury Magnetospheric Orbiter in Sagamihara, Kanagawa Prefecture, to the press in March 2015. The probe is due to be launched during fiscal 2016 and start observation in 2024. (Kyodo) ==Kyodo

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Seismic diagnosis to be conducted on Hikone Castle

File photo taken in March 2016 in the western Japan city of Hikone shows Hikone Castle, a national treasure. The municipal government has decided to carry out a seismic analysis of the castle from the next fiscal year, as Kumamoto Castle was severely damaged by a series of powerful earthquakes. (Kyodo) ==Kyodo

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Tokyo stocks soar on strong U.S. data, Japan election results

A financial data screen shows the Nikkei Stock Average's gain of 601.84 points, or about 4 percent, in Tokyo on July 11, 2016, buoyed by strong U.S. jobs data and growing hopes of the government implementing fiscal stimulus measures following a landslide victory by the Liberal Democratic Party-led ruling coalition in the upper house election. (Kyodo) ==Kyodo

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Koike meets with LDP Tokyo head Ishihara on gubernatorial election

Japan's former Defense Minister Yuriko Koike, who is planning to run in the July 31 Tokyo gubernatorial election, heads to a meeting with Economic and Fiscal Policy Minister and chairman of the Liberal Democratic Party Tokyo chapter Nobuteru Ishihara at the LDP's headquarters in Tokyo on July 5, 2016. After the meeting, Koike said she would run in the election even if she is not given the party's support, while Ishihara said the party will announce its candidate after July 10 House of Councillors election. (Kyodo) ==Kyodo

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Koike meets with LDP Tokyo head Ishihara on gubernatorial election

Japan's former Defense Minister Yuriko Koike, who is planning to run in the July 31 Tokyo gubernatorial election, heads to a meeting with Economic and Fiscal Policy Minister and chairman of the Liberal Democratic Party Tokyo chapter Nobuteru Ishihara at the LDP's headquarters in Tokyo on July 5, 2016. After the meeting, Koike said she would run in the election even if she is not given the party's support, while Ishihara said the party will announce its candidate after July 10 House of Councillors election. (Kyodo) ==Kyodo

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Koike meets with LDP Tokyo head Ishihara on gubernatorial election

Japan's former Defense Minister Yuriko Koike, who is planning to run in the July 31 Tokyo gubernatorial election, meets with reporters after holding talks with Economic and Fiscal Policy Minister and chairman of the Liberal Democratic Party Tokyo chapter Nobuteru Ishihara at the LDP's headquarters in Tokyo on July 5, 2016. While Ishihara said the party will announce its candidate after the July 10 House of Councillors election, Koike said she will run in the election even if she is not given the party's support. (Kyodo) ==Kyodo

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Some 100 nations to join new regime to fight tax avoidance

Japanese Finance Minister Taro Aso speaks to reporters in Kyoto on June 30, 2016, after the end of the first-day session of the Committee on Fiscal Affairs of the Organization for Economic Cooperation and Development. The committee started a two-day gathering to prompt more countries to take part in ongoing efforts by 46 nations to impose tougher international rules to prevent tax avoidance by multinational enterprises. (Kyodo) ==Kyodo

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OECD meets to expand efforts to fight tax avoidance

Japan's Finance Minister Taro Aso (L) and Pascal Saint-Amans, director of the Center for Tax Policy and Administration of the Organization for Economic Cooperation and Development, attend a meeting of the OECD's Committee on Fiscal Affairs in Kyoto, western Japan, on June 30, 2016. (Kyodo) ==Kyodo

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OECD meets to expand efforts to fight tax avoidance

The Committee on Fiscal Affairs of the Organization for Economic Cooperation and Development start a two-day meeting in Kyoto, western Japan, on June 30, 2016, to expand global efforts to fight tax avoidance amid growing public concern following the revelations contained in the so-called Panama Papers. (Kyodo) ==Kyodo

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Abe calls for G-7 cooperation to stabilize market after "Brexit"

Japanese Prime Minister Shinzo Abe (C) attends a meeting of the Council on Economic and Fiscal Policy, together with Nobuteru Ishihara (L), minister in charge of economic revitalization, and Finance Minister Taro Aso (3rd from L), in Tokyo on June 28, 2016. Abe said that the government will continue to closely cooperate with other Group of Seven countries to minimize the impact on markets after Britain voted the previous week to leave the European Union. (Kyodo) ==Kyodo

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M'bishi Motors expects 145 bil. yen net loss amid fuel economy scandal

Yoshihiro Kuroi, a senior official of Mitsubishi Motors Corp., attends a press conference in Tokyo on June 22, 2016. The automaker expects to incur a group net loss of 145 billion yen (around $1.4 billion) in the fiscal year ending March 2017, falling into the red for the first time in eight years due to a fuel economy data scandal. (Kyodo) ==Kyodo

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Campaigning kicks off for upper house election

Initiatives from Osaka leader Ichiro Matsui gives his first stump speech in official campaigning for the House of Councillors election, which started on June 22, 2016, in Osaka. Matsui, also Osaka governor, stressed the need to promote administrative and fiscal reform. (Kyodo) ==Kyodo

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IMF calls on Japan to enhance structural, fiscal reforms

David Lipton, first deputy managing director of the International Monetary Fund, attends a press conference in Tokyo on June 20, 2016, as the IMF wraps up its annual consultation mission to Japan. The IMF called on Japan to strengthen domestic policies through structural and fiscal reforms, warning that any further monetary easing could lead to "overreliance" on the yen's depreciation. (Kyodo) ==Kyodo

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IMF calls on Japan to enhance structural, fiscal reforms

David Lipton, first deputy managing director of the International Monetary Fund, attends a press conference in Tokyo on June 20, 2016, as the IMF wraps up its annual consultation mission to Japan. The IMF called on Japan to strengthen domestic policies through structural and fiscal reforms, warning that any further monetary easing could lead to "overreliance" on the yen's depreciation. (Kyodo) ==Kyodo

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Masuzoe resignation to affect LDP in upper house race

Economic and Fiscal Policy Minister Nobuteru Ishihara meets with reporters in Tokyo on June 15, 2016, after Tokyo Gov. Yoichi Masuzoe submitted his resignation over a political funds scandal. Ishihara, also head of the Liberal Democratic Party's Tokyo branch, apologized for the turmoil as the ruling party had supported Masuzoe in the 2014 gubernatorial race. (Kyodo) ==Kyodo

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Japan gov't adopts enhanced welfare plan, but funding resources unclear

Japanese Prime Minister Shinzo Abe (2nd from R) attends a joint meeting of the Council on Economic and Fiscal Policy and the Industrial Competitiveness Council at the prime minister's in Tokyo on June 2, 2016. The government endorsed a plan the same day to enhance social security measures aimed at tackling Japan's aging population, amid uncertainty over funding resources following the delay of a planned sales tax hike. (Kyodo) ==Kyodo

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Sales tax hike delay jeopardizes Japan's fiscal reform goal

Japanese Prime Minister Shinzo Abe (L) and Finance Minister Taro Aso chat during a House of Representatives plenary session in Tokyo on June 1, 2016. Abe's decision to postpone a planned consumption tax hike is likely to leave the debt-ridden country far behind in meeting its fiscal reform goal. (Kyodo) ==Kyodo

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Abe at press conference after G-7 summit

Japanese Prime Minister Shinzo Abe speaks at a press conference in the central Japan city of Shima on May 27, 2016, following a two-day Group of Seven summit. Abe said the G-7 leaders agreed to implement monetary, fiscal and structural policies as they shared a "strong sense of crisis" over the current global economy. (Kyodo) ==Kyodo

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Abe at press conference after G-7 summit

Japanese Prime Minister Shinzo Abe speaks at a press conference in the central Japan city of Shima on May 27, 2016, following a two-day Group of Seven summit. Abe said the G-7 leaders agreed to implement monetary, fiscal and structural policies as they shared a "strong sense of crisis" over the current global economy. (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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G-7 summit begins, focuses on global growth

U.S. President Barack Obama (L) and Japanese Prime Minister Shinzo Abe chat after planting trees at Ise Jingu shrine in Ise, Japan on May 26, 2016. The Group of Seven leaders are expected to agree to implement flexible fiscal strategies and promote structural reforms to spur global growth during their just-started two-day meeting. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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G-7 summit begins, focus on global growth

U.S. President Barack Obama (L) and Japanese Prime Minister Shinzo Abe walk together during the Group of Seven leaders' visit to Ise Grand Shrine in Japan's Mie Prefecture on May 26, 2016. During the just-started G-7 summit, the leaders are expected to agree to implement flexible fiscal strategies and promote structural reforms to spur global growth. (Pool photo by Kyodo News)(Kyodo) ==Kyodo

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Ramped-up G-7 agreement on economic policies unlikely: Aso

Japanese Prime Minister Shinzo Abe (C), Nobuteru Ishihara (L), minister in charge of economic revitalization, and Finance Minister Taro Aso attend a Cabinet meeting in Tokyo on May 24, 2016. Aso told a press conference later in the day that the Group of Seven leaders are unlikely to strike a further agreement in their May 26-27 meeting in Japan on the use of fiscal, monetary and structural policies to support the global economy after their finance chiefs reached an accord. (Kyodo) ==Kyodo

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Toshiba revises FY 2015 earnings results

Masayoshi Hirata, chief financial officer of Toshiba Corp., holds a press conference in Tokyo on May 23, 2016, to correct the company's fiscal 2015 earnings results released earlier in the month. (Kyodo) ==Kyodo

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3 of 5 Japan major banks see annual profits fall as low rates bite

Mitsubishi UFJ Financial Group President Nobuyuki Hirano (L) attends a press conference in Tokyo on May 16, 2016. MUFG is one of three major Japanese banking groups that posted lower profit for the fiscal year to March 31. (Kyodo) ==Kyodo

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Japan's lower house passes quake-linked extra budget

Japan's House of Representatives passes a 778 billion yen ($7.2 billion) supplementary budget for the current fiscal year in Tokyo on May 16, 2016, to help deal with the aftermath of deadly earthquakes that rocked southwestern Japan the previous month. (Kyodo) ==Kyodo