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

Nightmare 2040: Japan's lost generation

Grim future faces numerous elderly with little or no means of financial support

TOKYO -- Takeshi Erikawa, 72, has held many prominent positions in Japan's central government, earning him recognition as a "great bureaucrat."

One thing that bothers the retired civil servant lately is the problem of Japan's employment "ice age," when companies sharply reduced the number of high school and college graduates they recruited between 1993 and 2004 after the bubble economy collapsed.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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