Overview
- Pump prices will be reduced in stages from November 13 by roughly 5 yen every two weeks, reaching about 25 yen per liter of relief by December 11.
- For diesel, subsidies increase from November 13 to match the provisional levy by November 27, and the provisional diesel tax will be abolished on April 1, 2026.
- Parties will examine narrowing corporate tax preferences, increasing the burden on very high incomes, and revising auto-related taxes, with conclusions targeted by year-end.
- A longer-term decision on stable road-maintenance funding is slated by the end of 2026, and the near-term shortfall is to be covered without easy reliance on new government bonds, using temporary non-tax revenues.
- The national average retail price for regular gasoline stood at 173.50 yen per liter as of October 27 after three weekly declines, with a separate 10-yen-per-liter government subsidy already suppressing pump prices.