Key facts
- Japan's tax revenue for fiscal 2025 reached 84.2 trillion yen ($523 billion).
- This is the first time the figure has exceeded 80 trillion yen.
- The revenue surpassed the government's forecast for the fiscal year.
Japan's general-account tax revenue for the fiscal year ending in March reached a record 84.2 trillion yen ($523 billion), according to information obtained by Nikkei. This figure marks the first time the nation's tax intake has surpassed the 80 trillion yen threshold and exceeded the government's own projections.
The revenue growth is attributed in part to corporate earnings that have outpaced levels seen during the 1989 bubble economy, a milestone achieved for the first time.