Bipartisan Panel Summarizes Retail and POS System Feedback on Consumption Tax Cut

A bipartisan group of lawmakers, known as the "National Congress," convened a working-level meeting on April 28 to compile findings from hearings with the retail industry and point-of-sale (POS) system manufacturers. The discussions centered on the feasibility and impact of a proposed reduction in Japan's consumption tax. The summary of these hearings is expected to inform further policy deliberations among ruling and opposition parties.