We have recently seen a sharp rise in enquiries about RSU income that was left out of Japanese tax returns. When RSUs vest, the market value of the shares at vesting is taxed as employment income, so a tax return is required. Employers usually communicate this point, and most people handle it correctly. The problem…
We often receive questions from foreign nationals living in Japan about how their overseas pensions and property income are taxed here. Below is a brief overview of the key points. 1. Tax residency If you come to Japan intending to stay for one year or more, you are generally treated as a tax resident from…
From 1 October 2026, Japan cuts the JCT credit on purchases from unregistered suppliers from 80% to 70%, lowers the cap to ¥100 million and ends the 20% special rule for companies.
Gucci has cut prices on selected products—an unusual move in luxury. We examine what it means for pricing power, brand equity and Kering’s turnaround strategy.
From 1 April 2027, the consumption tax rate on food and beverages is set to fall from the current 8% reduced rate to 1% — and to stay there for two years before reverting. The measure has been approved as government policy and now awaits the passage of the related tax reform legislation. Press coverage…
Richemont has reported sales for the first quarter of FY27, ended 30 June 2026. Group sales came in at €6.3 billion, up 20% at constant exchange rates and 17% at actual rates — a very strong start given how uncertain the luxury market remains, and ahead of analyst expectations. Jewellery Maisons led the growth The…
AI is reshaping corporate finance, accounting, and executive decision-making. Drawing on insights from an Oxford Saïd Executive Education focus group, this article explores why CFOs and finance leaders need to understand AI as a strategic leadership issue, not just a technical tool.
An in-depth analysis of Kering’s restructuring strategy, the Gucci slowdown, and why the luxury group partnered with L’Oréal in beauty licensing.