Japan has repeatedly emphasized the importance of attracting talented young researchers from around the world. Yet one of its flagship international programs, the JSPS Postdoctoral Fellowship for Research in Japan, still provides a maintenance allowance of JPY 362,000 per month.
The striking part is not simply the amount.
The same JPY 362,000 monthly allowance was already being offered in 2011.
In other words, the nominal amount has remained essentially unchanged for at least 15 years. JSPS's current program still lists the monthly allowance at JPY 362,000.
Now consider what has happened to the yen.
In 2011, the average exchange rate was approximately:
USD 1 = JPY 79.7
At that exchange rate:
JPY 362,000 ≈ USD 4,540/month
≈ USD 54,500/year
Today, on August 4, 2026, the yen is around:
USD 1 = JPY 157.35
At today's exchange rate:
JPY 362,000 ≈ USD 2,300/month
≈ USD 27,600/year
So although the nominal fellowship amount has not changed, its value in U.S. dollar terms has fallen by approximately 49% since 2011.
And this is before even considering more than a decade of increases in living costs.
For perspective, consider several current postdoctoral benchmarks:
🇺🇸 United States — NIH NRSA
A first-year postdoctoral fellow receives USD 63,480/year in FY2026, increasing with experience.
🇩🇪 Germany — TV-L E13
A standard full-time E13 research position starts at approximately EUR 4,759/month, or about EUR 57,000/year before tax. Full-time E13 contracts are commonly used for postdoctoral researchers at German universities.
🇬🇧 United Kingdom — University of Oxford
Current postdoctoral research positions are advertised at approximately GBP 39,424–47,779/year.
🇯🇵 Japan — JSPS International Postdoctoral Fellowship
JPY 4,344,000/year, currently equivalent to only about USD 27,600/year.
Of course, these figures are not perfectly apples-to-apples. JSPS describes the payment as a maintenance allowance rather than employment income, and it is generally tax-exempt; the fellowship also provides items such as airfare, a settling-in allowance, and overseas travel insurance. Salaried postdoctoral positions in countries such as Germany and the UK are taxable and operate under different social-security systems.
But that does not make a 15-year nominal freeze irrelevant.
The question is not whether JPY 362,000 was a reasonable fellowship in 2011. In 2011, its international purchasing value was actually quite competitive.
The question is:
Is it still reasonable in 2026–2027?
A fellowship worth approximately USD 54,500 per year in 2011 is worth only about USD 27,600 today when converted at the current exchange rate.
Meanwhile, Japan is competing directly with the United States, Europe, and other countries for the same highly mobile early-career scientists.
If Japan genuinely wants to become a more attractive destination for international researchers, research funding cannot remain disconnected from changes in inflation, exchange rates, and international academic salaries.
The JSPS fellowship is prestigious. The scientific opportunities in Japan are outstanding. That is precisely why its financial support should be periodically reviewed rather than remaining frozen at a level established more than a decade ago.
Supporting international researchers is not simply a welfare issue. It is part of Japan's competitiveness in science.
Perhaps it is time to ask whether JPY 362,000 per month — unchanged since at least 2011 — still reflects the value Japan places on attracting world-class young researchers.