Possible scenario
Orderly Fee Rollout
45% Chance
The Ministry of Justice proceeds with the higher permanent residency fee, framing it as a cost-recovery measure rather than a broader immigration tightening. Employers and foreign residents complain, but the policy is absorbed with limited disruption because the fee is one-time and Japan still needs foreign labor.
Secondary impacts
- Consumer Services -0.1%
- Business Services -0.1%
- Industrials -0.1%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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