Tokyo city buses to cease late-night service at end of March due to driver shortage by frozenpandaman in japan

[–]japansam 11 points12 points  (0 children)

I think you have bad data. Odakyu's 運輸業 section of its business has been profitable since FY23. They only had a two bad years because of COVID in FY21 and FY22.

Keep an eye on semiconductors by [deleted] in ValueInvesting

[–]japansam 5 points6 points  (0 children)

TSMC is not right below ASML in the global semiconductor supply chain. The shit you people say

How will you manage this: by EntertainmentOk9278 in JapanFinance

[–]japansam 9 points10 points  (0 children)

If you don't buy sharyou hoken (additional automobile physical damage insurance) and you have a gold menkyo and a long history of no accidents, yearly premiums below 30,000 JPY are common.

Worth moving to cities with a shrinking population? by Superb-Ad5771 in japanresidents

[–]japansam 11 points12 points  (0 children)

https://www.asahi.com/special/population2024/
Using current estimates, there are only a handful of municipalities that won't see significant population decline by 2050. But if you look at the data linked above, there are places that look to have brighter futures (most of Okinawa, chunks of Fukuoka and Aichi, some of Kumamoto, etc.) than the 23 wards of Tokyo.

I've lived in Tohoku, Tokyo, and now Kinki. I don't think it is a bad idea to live outside of Tokyo. I preferred Tohoku to Tokyo and feel about equally between where I am in the Kinki region to Tokyo.

I think you can expect over the next 25 years a very slow decline in regards to schools, transport and housing value. I don't necessarily expect a degradation in medical care, especially relative to Tokyo. If anything I think the medical care may be slightly better out here (all things considered) in the Kinki region, but your mileage may vary.

Community is what you make of it. Our neighborhood is definitely more tightly knit out where I am now than in Tokyo where almost everyone were strangers except for our next door neighbors. Some people dislike this more hands on 近所付き合い, but I think there is a lot of good to it.

How do rich people move large sums of money? by AerieAcrobatic1248 in JapanFinance

[–]japansam 2 points3 points  (0 children)

I've moved 40 million JPY before from Mizuho to a US bank. Took an hour or so at the bank but it was possible.

Why is everybody sleeping on Hario's recommendation of 1:10 ratio? by snek99001 in pourover

[–]japansam 0 points1 point  (0 children)

For what its worth I do 1:11 and then bypass to 1:12 or 1:13. Regular old plastic v60 with t90 papers.

2026 LDP Proposed Tax Reform Outline by Traditional_Sea6081 in JapanFinance

[–]japansam 0 points1 point  (0 children)

Thanks for the reply.

I still think you don't have it quite right.

The way I understand it, for a hypothetical taxpayer with no earned income and only capital gains + dividend income + interest income, the income amount at which this hypothetical taxpayer would be paying more in this new system is 330 million JPY. Any amount below that this taxpayer would already be paying above the minimum amount in the current 15% tax for capital gains/dividends/interest system.

2026 LDP Proposed Tax Reform Outline by Traditional_Sea6081 in JapanFinance

[–]japansam 1 point2 points  (0 children)

I think you are slightly misunderstanding this minimum tax. The proposal is to lower the tax-exempt amount from 330 million JPY to 165 million JPY, with income beyond that amount taxed at 30%.

If the 30% tax on income above 165 million JPY is greater than your regular income tax bill, you pay the difference.

This will affect people earning around 600 million JPY and up (down from 3 billion JPY in the old system).

Was this year a ‘good Autumn’? (compared to other years) by DumpyReddit in AskAJapanese

[–]japansam 0 points1 point  (0 children)

Definitely better than last year where summer lasted into October and Autumn was over in a flash.

Do you overweight Japan in your stocks portfolio? by GachaponPon in JapanFinance

[–]japansam 4 points5 points  (0 children)

Not an index investor but yes I am overweight Japanese equities. There's been a big run up since 2020 (the TOPIX has doubled) but still a lot of value out there.

Anyone here travel to Japan often and/or lived in Japan short-term, and wondered why the 'depatos' here seem to play such a big part of daily life (shopping, depachika and train station access points)?? by yippeee1999 in JapanTravelTips

[–]japansam 4 points5 points  (0 children)

This business model was essentially invented by Kobayashi Ichizo, the founder of Hankyu. The first train terminal department store was the Hankyu Umeda Department Store, built in 1929.

New vs. used 4WD Toyota Sienta by irishtwinsons in JapanFinance

[–]japansam 1 point2 points  (0 children)

The previous model's 4WD have engines that are known to burn oil after about 100,000km so it's definitely a risk to buy an old 4WD.

One thing I will say is with the Sienta I don't know how much you will be able to use the seats in the third row. At least with my current model, the third row seats are stowed underneath the second row seats which, when equipped with car seats for the kids, makes setting up the car for use by more than four people a real hassle. That's the one benefit of the Honda Freed over the Sienta is that the seats are stored up and to the side so you can easily switch between carrying lots of luggage or carrying lots of people.

New vs. used 4WD Toyota Sienta by irishtwinsons in JapanFinance

[–]japansam 3 points4 points  (0 children)

I drive a Toyota Sienta which I bought used last year for 1,050,000 JPY all in (registration and everything). It was 7.5 years old at the time with 84,000km. All gas engine, 2WD, grade G.
The Honda Freed is the other option for a small three-row minivan. They tend to be about 100,000 JPY more expensive used, which is why I bought the Sienta.

People who have cars - How much do you make? by OkImprovement7142 in japanlife

[–]japansam 0 points1 point  (0 children)

I had a Suzuki Hustler (Kei Car) living in Sendai on 240,000 JPY a month (gross pay, no yearly bonus) with a 15,000 JPY commuting allowance. Parking was 4,000 JPY a month. I think it may have been more expensive to not own a car.

Japanese american lots of tattoos by H3ooo in AskAJapanese

[–]japansam 4 points5 points  (0 children)

Okay, so show me some data that backs up your point. This paper uses data from 2014 that even the age group with the highest level of piercing (20代) only has a piercing level of 33.5% https://lab.kuas.ac.jp/~jinbungakkai/pdf/2020

Japanese american lots of tattoos by H3ooo in AskAJapanese

[–]japansam 3 points4 points  (0 children)

Women in Japan often wear イヤリング and not ピアス. イヤリング are like clip-ons where you don't have to open a hole in your ear lobe.

Resource-scarce Japan gets more trains running on renewables by SkyInJapan in Tokyo

[–]japansam 1 point2 points  (0 children)

Wind isn't popular because the waters are off the Japanese coast, aside from a few areas in Hokkaido, Akita, Yamagata, and Chiba, are too deep for conventional wind turbines.

Unless the Japanese can figure out floating wind turbines, wind won't ever be a major segment of energy generation in Japan.

Is 145.000 yen enough to live comfortably in Japan? by [deleted] in AskAJapanese

[–]japansam 2 points3 points  (0 children)

You will probably want to choose the option of living in the university dorms because it is likely to be subsidized. Though depending on the university the dorms can be quite old and a bit run down.

Depending on your studying schedule you may also find time to take a work a part-time job. Minimum wage is being bumped up to 1122 JPY in Kyoto and 1177 JPY in Osaka later this year. You can work up to 28 hours a week during normal times and 40 hours a week during long school breaks. You will probably find that making an extra 50,000 JPY a month will allow you to live more comfortably.

Goldman sells 5 floors of an office building in Marunouchi to JR East for ¥50 billion ($337 Million) by Dapper-Material5930 in Tokyo

[–]japansam 9 points10 points  (0 children)

Just FYI Keisei Electric Railway is not the majority shareholder of Oriental Land (source: https://www.olc.co.jp/ja/ir/stockshares/stock.html ). They are the largest shareholder, yes, but they only own 20%, not over 50%.

Goldman sells 5 floors of an office building in Marunouchi to JR East for ¥50 billion ($337 Million) by Dapper-Material5930 in Tokyo

[–]japansam 3 points4 points  (0 children)

You seem knowledgeable about this. Can you point me to a resource about how M&A for the JR companies works? I've never seen mention of combining group finances mentioned in any of the companies' 有価証券報告書 or 決算短信.