It sits in the middle of the Japan current, a nutrient-rich stream that feeds a stunning variety of crustaceans, tropical fish and other sealife.
And passing legislation to change that law in Japan's current divided Parliament won't be easy.
Japan's current-account surplus in February was 46% bigger than a year earlier, partly thanks to rising exports to China.
For a prime minister thrown into Japan's current political mess, in other words, success is measured in months, not years.
And, on Monday, figures were released showing that Japan's current-account surplus rose in February for the eighth month in a row.
Japan's current loss of technological confidence, in contrast, comes not from some external threat, but from failures within its own borders.
Such a design would not be permitted under Japan's current building codes.
One of the candidates was running as a member of the Democratic Party of Japan (the current governing majority in the Diet lower house).
Arguably, it was the subsequent failure to address the damage to the financial system in a timely manner that caused Japan's current economic problems...
The team boasts seven players who are former or current Japan international representatives -- including several who appeared at the 2006 World Cup in Germany.
Likewise, Japan's current economic position is subject to interpretation.
But is not a stronger yen and a weaker dollar just what is needed to reduce Japan's large current-account surplus and America's current-account deficit?
ECONOMIST: A rising yen could choke Japan��s nascent economic recovery
Elsewhere, Japan -- the current FIFA Women's World Cup holders -- beat Canada 2-1, thanks to goals from Nahomi Kawasumi and Aya Miyama at the Ricoh Arena in Coventry.
For Japan this means an unwinding of the structures and alignments of the current U.S.-Japan security relationship.
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Under current plans, Japan is expected to meet half of its electrical needs from nuclear power by the year 2030.
FORBES: Will Japan Move Away from Nuclear, Toward Renewable Energy?
Could you give us your assessment of the current situation in Japan with the reactors, what you think is going to happen in the coming days?
"The current Bank of Japan policy has more to do with the consensus about the economy in policy circles than it does with a specific governor, " says Morgan Stanley's Feldman.
However, he said Kuroda's policies would be unlikely to differ much from the current Bank of Japan governor, Masaaki Shirakawa, despite perceptions that Shirakawa favors a less aggressive policy approach.
They have since been pushed into the Sea of Japan by a branch of the warm Kuroshio current that is running much closer to land than usual, and have spread up Japan's west coast and even through the Tsugaru strait between Japan's main island, Honshu, and northern Hokkaido into the Pacific Ocean.
That includes setting an inflation target of 2% - double that of the Bank of Japan's (BOJ) current target.
In its statement, FOMC members blamed Japan and high commodities for the current slowdown in the economic recovery, telling people those effects would prove to be transitory.
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Both are increasingly likely, yet the nature of its current recovery will help insulate Japan.
Can Japan find a way out of the current unsustainable government deficit financing to support the welfare state?
Over the years, Japan has continued to achieve an annual current account surplus.
More critical still, in order for Japan to maintain a surplus in its current account, companies should invest even more to expand production and sales abroad, so as to increase earnings that can be repatriated as dividends to Japan.
FORBES: The Nikkei to Japan's Manufacturers: To Survive, Invest Abroad
And nearly all parts for the current model are also built in Japan.
It said Toyota had no current plans to raise prices in Japan.
So that is our current advice to American citizens in Japan.
The sanctuary has undergone changes over the past few decades, but the IWC has now reached near unanimous agreement (with only Japan dissenting) on the objectives for the current sanctuary.
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