ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Tax-free shops in Japan seen topping 10,000

Tax-free stores have helped boost spending by foreign tourists.

TOKYO -- Japanese stores exempting foreigners from the consumption tax are projected to number more than 10,000 next month, hitting a government target five years early.

     The nation had 9,361 such stores as of last October, up about 60% over six months. With convenience stores and other retailers starting to offer tax-free shopping in hopes of drawing tourists, the tally is certain to reach five figures in April.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more