Public Policy Updates – March 2021

The budget was passed by the lower house in 2021, and the bill was virtually set within 30 days. Most of the budgets were due to the struggle with the new Coronavirus, but many of the discussions on the expenditure package focused on vaccines and the government's pandemic. The Komeito party, the opposition and the LDP coalition partner, may criticize the government for delays in vaccine development and lack of clarity. In Japan, vaccines have been significantly delayed compared to the United States and many EU member countries. In real time, emergencies have been postponed in all areas except Tokyo, Kanagawa, Saitama, and Chiba prefectures, but there are still many things to do.

Despite the fact that vaccine distribution is extremely important for the survival of the Kan administration, vaccine stock is less than expected. The Taro Kono Vaccine believes that the government can do the second vaccination to the elderly from May to June, but vaccination was scheduled to start in April. However, there is a good chance that export restrictions from the EU will affect Japan's supply and vaccine supply plan.

According to a poll of the Nikkei Shimbun, four times the number of people waiting for Yoshiyoshi Suga to remain in Kono. In the ruling Liberal Democratic Party, the second faction, Kono, may support the candidate for the election of the party leader, and eventually the prime minister election. Suga, on the other hand, does not belong to both factions. The vaccination campaign will be the main scale that determines how much the people have dealt with the whole government and Mr. Kono. However, there is no scenario where Prime Minister Kan speaks of victory without the help of Foreign Minister Kono.

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We will deliver the latest information on the latest political events that will affect your industry in the sunshine every month: < Span> 2021 Budget is passed by the lower house, and the bill is effectively established within 30 days. It is. Most of the budgets were due to the struggle with the new Coronavirus, but many of the discussions on the expenditure package focused on vaccines and the government's pandemic. The Komeito party, the opposition and the LDP coalition partner, may criticize the government for delays in vaccine development and lack of clarity. In Japan, vaccines have been significantly delayed compared to the United States and many EU member countries. In real time, emergencies have been postponed in all areas except Tokyo, Kanagawa, Saitama, and Chiba prefectures, but there are still many things to do.

Despite the fact that vaccine distribution is extremely important for the survival of the Kan administration, vaccine stock is less than expected. The Taro Kono Vaccine believes that the government can do the second vaccination to the elderly from May to June, but vaccination was scheduled to start in April. However, there is a good chance that export restrictions from the EU will affect Japan's supply and vaccine supply plan.

According to a poll of the Nikkei Shimbun, four times the number of people waiting for Yoshiyoshi Suga to remain in Kono. In the ruling Liberal Democratic Party, the second faction, Kono, may support the candidate for the election of the party leader, and eventually the prime minister election. Suga, on the other hand, does not belong to both factions. The vaccination campaign will be the main scale that determines how much the people have dealt with the whole government and Mr. Kono. However, there is no scenario where Prime Minister Kan speaks of victory without the help of Foreign Minister Kono.

We will deliver the latest information on the latest political events that will affect your industry in the sunshine every month: 2021 budgets are passed by the lower house, and the bill has been established within 30 days. Most of the budgets were due to the struggle with the new Coronavirus, but many of the discussions on the expenditure package focused on vaccines and the government's pandemic. The Komeito party, the opposition and the LDP coalition partner, may criticize the government for delays in vaccine development and lack of clarity. In Japan, vaccines have been significantly delayed compared to the United States and many EU member countries. In real time, emergencies have been postponed in all areas except Tokyo, Kanagawa, Saitama, and Chiba prefectures, but there are still many things to do.

METI to Reinforce Support for Asia's Shift to LNG for Power Generation

Despite the fact that vaccine distribution is extremely important for the survival of the Kan administration, vaccine stock is less than expected. The Taro Kono Vaccine believes that the government can do the second vaccination to the elderly from May to June, but vaccination was scheduled to start in April. However, there is a good chance that export restrictions from the EU will affect Japan's supply and vaccine supply plan.

METI to Create System to Support Procurement of Renewable Electricity

According to a poll of the Nikkei Shimbun, four times the number of people waiting for Yoshiyoshi Suga to remain in Kono. In the ruling Liberal Democratic Party, the second faction, Kono, may support the candidate for the election of the party leader, and eventually the prime minister election. Suga, on the other hand, does not belong to both factions. The vaccination campaign will be the main scale that determines how much the people have dealt with the whole government and Kono themselves. However, there is no scenario where Prime Minister Kan speaks of victory without the help of Foreign Minister Kono.

We will deliver the latest information about the latest political events that will affect your industry in the country

The government passed five bills necessary to establish the Digital Agency and begin the digitalization necessary for the sunrise. But in this case, the splash share will be entrusted to Hono, as the portfolio that will tie up the reform of the coordination and administrative system if Japan starts to digitize most of its outdated administrative services. If the government's efforts do not work, the error will be on the pier. In other sentences, the victory is somewhat on its merits, where the public will already see its own future prime minister, while it seems that it is still to find problems with the data of two large companies that have the potential to destroy Kono's viability in the battle for the prime minister's post.

Law Regulating Tech Giants’ Business with Smaller Companies Comes into Force

In this issue of Policy Radar, we discuss actions in health, energy, technology, and built resorts.

Government Introduces Digital Bills

Energy

The Advisory Council for Natural Resources and Energy under the Ministry of Economy, Trade and Industry (METI) has taken a commitment and further maintained the transition from coal to liquefied natural gas (LNG) in Asian countries. However, the ministry doubled its own public-private initiative to $20 billion in 2019 to support the development of the infrastructure needed for LNG exports in the region. This winter's dangerous LNG shortages have demonstrated the need for Rising Sun countries, which rely on LNG for nearly 40% of their total electricity production, to lower procurement costs and ensure supply. According to Meti, expanding LNG procurement at the expense of manufacturers in India, Indonesia, Vietnam, the Philippines, Malaysia, Thailand and Myanmar can not only create an LNG bazaar with flexible prices, but also effectively reduce carbon dioxide emissions by 864 million tons.

Osaka Officials Delay Integrated Resort Schedule, Dropping 2027 Opening Date

Minister of Economy, Trade and Industry Hiroshi Kajiyama has expressed his intention to create a system to promote the purchase of electricity developed with carbon neutrality. Under this new system, the government will promote the purchase of carbon-free electricity and increase the export of products developed by introducing repeatable energy sources. The government plans to review the trading system for certificates (non-post certificates) that confirm that electricity was generated from repeatable sources and nuclear power, and retail electricity operators who obtain these certificates will be considered customers of Bezeteroji Electric. The Stable Power System Construction Subcommittee is calling for the system to be structured by this summer and for its functions (certificates and trading system) to begin in a certain number of years.

Langlay Insight: The energy reform of the country has failed, from the depletion of LNG reserves due to the unusual cold in winter to more than 900, 000 units due to the Fukushima Prefecture Earthquake in mi d-February. Before the energy outlook for the country scheduled this summer, the Kan administration must show a commitment of achieving carbon neutral by 2050. Considering the voices of the Liberal Democratic Party and industry officials seeking restarting of the reactor to accelerate carricalization, Prime Minister Kan promises a nuclear agreement that has long been avoided by the past administration due to concerns about the people's reactions. You will have to do it.

technology

A law has been enforced to guarantee that a major technology company will trade with SMEs based on objective standards. In the future, major technology companies are required to disclose details of contracts with SMEs and report them regularly. While the government will be affected by this law in the spring, the government will be online shop operators with annual sales of 300 billion yen or more, and app shop operators with annual sales of 200 billion yen or more. I will. The law has also called for a major technology to build a complaint and problem system for business practice. The Minister of Industry may provide advice and information disclosure on projects, and if the problem is not resolved, it may promote procedures related to foreign exchange ministers through the Fair Commission Transactions. This law is to prevent large companies from taking forced negotiations in relation to small and mediu m-sized enterprises, and to avoid unprofitable transactions and contracts for small and mediu m-sized enterprises. < SPAN> Langlay Insight: The national energy reform has failed, from the depletion of LNG reserves due to the unusual cold in winter to more than 900, 000 units due to the Fukushima Prefecture Earthquake in mi d-February. 。 Before the energy outlook for the country scheduled this summer, the Kan administration must show a commitment of achieving carbon neutral by 2050. Considering the voices of the Liberal Democratic Party and industry officials seeking restarting of the reactor to accelerate carricalization, Prime Minister Kan promises a nuclear agreement that has long been avoided by the past administration due to concerns about the people's reactions. You will have to do it.

Japan Begins Vaccine Rollout

technology

A law has been enforced to guarantee that a major technology company will trade with SMEs based on objective standards. In the future, major technology companies are required to disclose details of contracts with SMEs and report them regularly. While the government will be affected by this law in the spring, the government will be online shop operators with annual sales of 300 billion yen or more, and app shop operators with annual sales of 200 billion yen or more. I will. The law has also called for a major technology to build a complaint and problem system for business practice. The Minister of Industry may provide advice and information disclosure on projects, and if the problem is not resolved, it may promote procedures related to foreign exchange ministers through the Fair Commission Transactions. This law is to prevent large companies from taking forced negotiations in relation to small and mediu m-sized enterprises, and to avoid unprofitable transactions and contracts for small and mediu m-sized enterprises. Langlay Insight: The energy reform of the country has failed, from the depletion of LNG reserves due to the unusual cold in winter to more than 900, 000 units due to the Fukushima Prefecture Earthquake in mi d-February. Before the energy outlook for the country scheduled this summer, the Kan administration must show a commitment of achieving carbon neutral by 2050. Considering the voices of the Liberal Democratic Party and industry officials seeking restarting of the reactor to accelerate carricalization, Prime Minister Kan promises a nuclear agreement that has long been avoided by the past administration due to concerns about the people's reactions. You will have to do it.

technology

Government Appoints Marukawa as new Olympics Minister

A law has been enforced to guarantee that a major technology company will trade with SMEs based on objective standards. In the future, major technology companies are required to disclose details of contracts with small and mediu m-sized businesses and regularly report them to the government. While the government will be affected by this law in the spring, the government will be online shop operators with annual sales of 300 billion yen or more, and app shop operators with annual sales of 200 billion yen or more. I will. The law has also called for a major technology to build a complaint and problem system for business practice. The Minister of Industry may provide advice and information disclosure on projects, and if the problem is not resolved, it may promote procedures related to foreign exchange ministers through the Fair Commission Transactions. This law is to prevent large companies from taking forced negotiations in relation to small and mediu m-sized enterprises, and to avoid unprofitable transactions and contracts for small and mediu m-sized enterprises.

The Diet has begun discussions on five bills, including bills on the establishment of government digital agencies, aimed at accelerating digitalization. At the House of Representatives plenary session, Minister of General Affairs, Minister of Affairs, explained the bill in detail and answered the questions of other members. If the bill is passed, the government will set up a digital office by September, and will transfer the administration and regulatory services of central ministries and local governments, extension of My Number ID, etc. in digital format. Prime Minister Kan has argued that the government's willingness to digitize is an effective effort to reform. The bill stipulates that the Prime Minister can control the activities of the agency, and that the Minister in charge of digital technology can make digitalization to each ministry and agency. In addition, the agency states that local governments will strive to standardize personal information protection rules. Minister Kirai also apologized for distributing explanatory materials, including 45 contradictions last month, to parliamentarians. The government plans to approve legal code by the end of April.

Integrated resort

Osaka City authorities have decided to postpone the expiration date of Yumezu's integrated resort in March 2027 with Coronavirus pandemic. Initially, Japan's first casino opening in 2025 was planned to match the Osaka Expo. Later, this period was postponed to 2026 to carry out additional training for economic organizations, which are responsible for the construction of casino resort construction. In addition, Osaka City has further accepting cooperation from a private consortium to attract the integrated resort (IR), but only MGM and ORIX consortiums have met the conditions. After modifying the proposal request form (RFP), the application form will be extended to July 2021, and the final discussion will be held in September 2021. After the official decision of the IR consortium, he presented a development plan to the central government in April 2022. The

The postponement after March 2027 has been affected by the decision to postpone the official application from January to October this year. Applications are applied to local governments that seek one of the three integrated resorts initially approved in a bill that stipulates the framework of integrated resorts. The central government also stated that it would not impose taxation on casinos for foreign tourists.