[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 7 sources · 13 days · First seen · Last updated

Economic impact on child-rearing in Japan

Overview

Economic pressures and inflation are significantly impacting child-rearing households in Japan. Recent market research indicates that 97% of surveyed parents feel the impact of price hikes on daily goods, with 66% exhibiting ‘price numbness’ toward rising costs.

These economic conditions appear to be influencing demographic trends. A survey by Meiji Yasuda Life Insurance Company found that the percentage of parents with one child who desire a second child has dropped to a record low of 28.2%, down from 56.9% in 2020. Approximately 79.3% of respondents cited child-rearing expenses as a burden, while 54.5% of those hesitant to have more children expressed concerns regarding future income.

Entities

Commit Growth · Iko-yo · tetsunagi · Actindi Co., Ltd. · Meiji Yasuda Life Insurance Company

Timeline

  1. [POLITICS] 3 sources
    Japan parents' desire for second child hits record low

    A Meiji Yasuda Life Insurance survey shows the desire for a second child among Japanese parents has hit a record low of 28.2%, driven by inflation and concerns over future income.

  2. [BUSINESS] 4 sources
    Child-rearing market insights and inflation trends in Japan

    New market research services are targeting child-rearing households in Japan, even as surveys show 97% of parents feel inflation's impact and 66% experience 'price numbness' toward rising costs.

Sources

dreamnews.jp · dtimes.jp · feature.cozre.jp · japantimes.co.jp · news.cube-soft.jp · prtimes.jp · yomidr.yomiuri.co.jp