Information Bulletin No.39

Three of Four Happy with Current Living Standards


September 14, 1995

A record high 73% of Japanese residents are happy with their current living conditions, and over 90% classify themselves as belonging to the middle-ranking group in terms of living standards, according to the results of a poll conducted in May 1995 by the Prime Minister's Office.
The results suggest that people on the whole are satisfied with their standards of living despite the economic slowdown and are not particularly interested in amassing greater wealth.
The pool of respondents consisted of 10,000 men and women aged 20 or over, and the valid response rate was 73.5%.
To a question on how satisfied people are with their living standards, 10.4% of respondents reported they were satisfied and another 62.4% said they were more or less satisfied. Together, the two totaled 72.7%, the highest figure registered since the annual poll began being taken in 1958. The previous high was 70.6%, registered in the 1985 survey.
By specific item, the biggest increases in the level of satisfaction were noted in income and earnings, assets and savings, consumer durables (such as automobiles and electric appliances), dwellings, and leisure activities, all of which rose by between 4 and 7 percentage points over the 1994 survey.
The share of those who answered that they were either dissatisfied or somewhat dissatisfied with their lifestyles, meanwhile, fell 6.4 points from the previous year's survey to a record low of 24.6%.

Middle-of-the-Road

Asked to rate their living standards, the highest percentage, or 57.4%, classified themselves as belonging to the "middle middle" group, while 24.0% said they were "lower middle" and 9.9% "upper middle." Combined, 91.3% reported that they belonged to the middle category on the lifestyle spectrum. It appears that with the asset deflation brought on by the rupturing of the speculative bubbles and the slowdown of business activity, a type of middle-class consciousness different from the high-growth years is spreading.
Asked to select one or more from a prepared list of 20 responses the areas they wanted the government to step up their involvement in, people most frequently cited medical, welfare, and pension programs (54.8%), followed by countermeasures for the recession (46.2%), and programs for the elderly (44.3%).
Crime prevention, newly added to this year's survey, was selected by 26.4% of the respondents, becoming the seventh most popular response. There was a threefold jump in those citing disaster prevention, moreover, from 7.2% to 20.4%. These two results were clearly influenced by the March 1995 sarin gas attack on Tokyo's subways and the Great Hanshin Earthquake two months earlier that claimed 5,500 lives.

(The above article, edited by Japan Echo Inc., is based on domestic Japanese news sources. It is offered for reference purposes and does not necessarily represent the policy or views of the Japanese Government.)