November 30, 2024

The Ministry of Internal Affairs on November 29 released a report on political funds for 2023 submitted by each political party. On the same day, Japanese Communist Party Financial and Management Commission Chair Iwai Tetsuya issued a comment on the JCP political finances as follows:

The JCP in 2023 earned about 19.46 billion yen (1.9 percentage points higher than the last year) and spent about 18.92 billion yen (2.6 percentage points lower). The party carried over about 1.63 billion yen.

As a political party firmly taking the position that “people are the protagonists”, the JCP finances itself with revenues from party dues, subscription fees for its newspaper Akahata, and individual donations.

The JCP refuses to accept corporate and organizational donations, which distort politics with the power of money, as well as the government subsidy to political parties, which not only is unconstitutional but also has a corrupting influence on political parties.

JCP business activities, mainly the publication of Akahata and various magazines and books, accounted for 78.7% of total income and 62.9% of total expenditure. This indicated that the JCP closely connects with the general public through its activities centering on the daily Akahata.

The JCP Central Committee and local JCP organizations across Japan every year receive donations, this past year mounting to roughly eight billion yen, from individual citizens.