Word: saito
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...billion buying bad assets from banks, the government also needs to recapitalize banks using taxpayer money. Only then will confidence in the financial system return, ending the current paralysis in lending that threatens the entire economy. "Taking nonperforming loans out of the balance sheets is not enough," says Jun Saito, director general of the economic-research bureau for Japan's cabinet. "What we've learned [in Japan] from the 1990s is that we need recapitalization...
...exporters are felt throughout the region, which is tightly linked by trade in manufacturing parts and machinery. Slower sales to the U.S. mean reduced orders up and down the supply chain. "There are people who say you can still export to the emerging economies, especially in Asia," says Jun Saito, director general at the economic research bureau for Japan's Cabinet. "But you can't rely on exports to Asia for very long." This distress was reflected in Japan's most recent Tankan index of confidence among large manufacturers of cars and electronics, which fell to its lowest level...
...that does not mean older Japanese are disillusioned with the institution of marriage. "For older, single men, even doing laundry or cooking is difficult," says Naomasa Saito, the head of online matchmaking service Taiyo no Kai (meaning "Circle of the Sun"). "They want to live with a woman." Likewise, "it can be boring" for women living alone, he says. "They want to provide for someone...
...that does not mean older Japanese are disillusioned with the institution of marriage. "For older, single men, even doing laundry or cooking is difficult," says Naomasa Saito, the head of online matchmaking service Taiyo no Kai (meaning "Circle of the Sun"). "They want to live with a woman." Likewise, "it can be boring" for women living alone, he says. "They want to provide for someone...
...Minami Uonuma City continues to age, Saito's programs may be overwhelmed by demand. His hospital is already $1.2 million in the red, and while the Yairo-en nursing home actually makes money, it's well overbooked, with more people on the waiting list than in the superbly equipped home. The national government has been squeezing health-care subsidies, and Saito worries fears the consequences of millions of Japanese baby boomers reaching retirement age this year. "People like us in the outlying areas are suffering now," he says. "But this will be a major problem in the big cities soon...