Japan allocates 5.33 million yen in reserve funds for Princess Akiko's allowance increase
TOKYO -- The Japanese government decided at a Cabinet meeting on Oct. 27 to allocate 5.33 million yen (roughly $33,700) from reserve funds to cover an
On October 27, Japan's Cabinet decided to use 5.33 million yen in reserve funds to increase Princess Akiko's allowance. This increase follows the revised Imperial Household Finance Act, which went into effect that day. The new law raised the allowance for female Imperial Family members living independently to the same level as men, effectively doubling Princess Akiko's annual allowance from 10.675 million yen to 21.35 million yen.
As the new standard began on October 1st, this increase required the government to dip into reserve funds. Specifically, 5.33 million yen will cover the additional amount for the remainder of fiscal year 2026.
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