Overview
- Bank of Japan said Deputy Governor Shinichi Uchida, 63, has been hospitalized since Nov. 7 for leukemia treatment and will continue necessary duties remotely for the next few weeks.
- The Liberal Democratic Party’s Saitama prefectural chapter expelled secretary-general Goo Koyano for allegedly using about ¥27.94 million in party funds for personal expenses, with 1,357 items flagged and a criminal complaint under consideration.
- Koyano submitted a statement denying intent to misuse funds and can seek a review within 10 days, the party’s disciplinary chair said after a unanimous decision.
- The Cabinet Office published its 2025 decentralization reform draft to let chambers of commerce be designated vacant-house support bodies, with Cabinet approval targeted in December and related bills planned for the next Diet session.
- Midterm results for major paper makers showed divergence: Nippon Paper and Daio more than doubled operating profit year on year, while Oji Holdings declined amid weak domestic demand and differing overseas performance.