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Japan Extends Vacant-Home Support to Chambers as BOJ Vice Governor Hospitalized and LDP Ousts Saitama Official

Cabinet approval is slated for December followed by legal revisions in the next Diet session.

Overview

  • The Cabinet Office's 2025 decentralization draft would allow chambers of commerce to be designated as vacant-house management and utilization support bodies to enable one-stop assistance requested by municipalities.
  • Bank of Japan Vice Governor Shinichi Uchida has been hospitalized since November 7 for leukemia treatment and will continue necessary official duties remotely for several weeks, the BOJ said.
  • The LDP's Saitama prefectural federation expelled secretary-general Gozuo Kotanino after finding roughly ¥27.94 million in party funds were used privately and it is considering a criminal complaint.
  • Hokkaido-linked listed and major firms showed strain in August–September interim results, with 15 reporting lower operating profit and 5 in the red due to higher labor and input costs, with further pressure expected after October’s minimum-wage hike and yen weakness.
  • An 87-year-old pedestrian died after being struck by a light van while crossing a city road in Seki, Gifu, according to the Seki police station.