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Meet the typical Japanese millennial: Victims of the country's 'Lost Decade,' they are trapped in dead-end jobs and are adamant about never having kids
Meet the typical Japanese millennial: Victims of the country's 'Lost Decade,' they are trapped in dead-end jobs and are adamant about never having kids
Matthew Loh,Huileng TanJun 20, 2023, 07:31 IST
Japan is home to 27 million millennials.Richard A. Brooks/AFP/Getty Images
From 1986 to 1991, Japan experienced a serious economic downturn after an asset-price bubble popped.
Japan then went into a "Lost Decade" of low growth and high unemployment.
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At 36, Isechi Makoto finally feels like he can start living life.
Isechi on a holiday in Hokkaido.Isechi Makoto
The typical Japanese millennial is financially conservative, having grown up watching their country's "Lost Decade" suffer from a devastating economic crisis.
Travelers and commuters in Toyko.Richard A. Brooks/AFP/Getty Images
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Most of Japan's millennials don't care about buying a home, and less than a third of them own property.
Most Japanese millennials do not aspire to own homes and are happy to rent.Issei Kato/Reuters
Japanese millennials may not be working themselves to death, but they're still clocking long hours at work.
Jin outside his first sharehouse in Kyoto.Jin Gujin
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With Japan's millennials perpetually worried about the economy, few of them are thinking of starting families.
Babies sit on the starting line, ready to compete in a baby-crawling competition hosted by a Japanese magazine in Yokohama in 2015.Kazuhiro Nogi/AFP/Getty Images
Used to seeing adversity hitting the economy, Japanese millennials are consistently conservative spenders.
Unlike those who grew up during Japan's economic boom, Japanese millennials are conservative spenders.James Matsumoto/SOPA Images/LightRocket/Getty Image
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Unlike their parents, Japanese millennials don't stand for the hustle of corporate life.
Suganuma has just started her own company and says starting a family would be too taxing for her and her husband.Suganama Natsuki