Japan’s official documents, read in English.New reading every Monday, Wednesday and Friday
Call rate guidelinearound 1.25%Vote7 for, 2 againstBasic loan rate1.5%Total cash earnings per worker, year on year+3.8%Real wage index, deflated by CPI less imputed rent, year on year+1.5%Real wage index, deflated by CPI all items, year on year+1.9%All items+1.9%All items, less fresh food+1.7%All items, less fresh food and energy+1.9%Held by the Bank of Japan41.16%Held overseas, bills included13.12%Held overseas, bonds only7.94%Central government debt, gross¥1,347tnof which domestic bonds¥1,212tnChange in three months+¥2.8tnJGB 10-year coupon3.1%JGB 2-year coupon2.0%Floating 10-year for individuals2.05%
Central Bank

1.25%, by 7 Votes to 2. The Bank of Japan’s September 2026 Statement.

The guideline, the vote, the names on each side and the two printed dissents, read in order. Statement dated September 18, 2026.

October 23, 2026 · Source: Bank of Japan
The figure1.25%Guideline for the uncollateralized overnight call rate ("around 1.25 percent"), decided September 18, 2026

Latest readings

Wages
October 21, 2026

Japan’s Cash Earnings Rose 3.8% in August 2026. Real Wages: 1.5% on One Price Index, 1.9% on Another. The Labour Ministry’s Monthly Survey.

The first page of the Monthly Labour Survey’s preliminary report for August 2026, read line by line: ¥311,364 per worker, and two real wage indexes, 83.7 and 85.6.

+3.8%
Prices
October 19, 2026

Japan’s Consumer Prices: 1.9% Above a Year Earlier in August 2026. The Statistics Bureau’s Own Tables.

The national Consumer Price Index release dated September 18, 2026, read line by line: three series, ten major groups, and the page on energy.

+1.9%
Central Bank
October 16, 2026

Who Holds Japan’s Government Debt? The Central Bank’s Own Table.

One table from the Bank of Japan’s Flow of Funds, read line by line. Figures as of the end of June 2026.

41.16%
Public Finance
October 14, 2026

Japan’s Government Owes ¥1,347 Trillion. Here Is the Table That Says So.

One table from Japan’s Ministry of Finance, read line by line. Figures as of the end of June 2026.

¥1,347tn
Rates
October 12, 2026

Japan’s 10-Year Bond Pays 3.1%. Here Is the Page That Says So.

One page from Japan’s Ministry of Finance, read line by line. The October 2026 offering.

3.1%

How we read

1

One document

Each piece takes a single page, table or filing published by a Japanese ministry, the central bank or a listed company.

2

Every figure traced

Each number is logged against the original before publication. Our own arithmetic is labelled as ours.

3

Nothing added

If the document does not say why, we do not guess. No forecasts and no recommendations.

Three readings a week.
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One Japanese government, central bank or company document per piece, read line by line. No forecasts, no recommendations.