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Unused COVID-19 jabs pile up in Japan amid slow vaccine rollout

Unused COVID-19 vaccines in Japan are set to reach tens of millions of doses, as the country is poised to approve two more shots in coming weeks and the pace of its inoculation campaign remains slow due to manpower and logistical bottlenecks.
Japan imported 28 million doses of Pfizer Inc’s COVID-19 vaccine through late April, but has so far used only 15 percent of the stockpile, with the remaining 24 million doses sitting in freezers.
Japan’s vaccine supply is set to increase sharply as regulators are preparing to decide on May 20 on approval of the shots developed by Moderna Inc and AstraZeneca Plc , national broadcaster NHK reported late on Thursday.
The first batch of the Moderna vaccine had already arrived and an estimated 30 million doses of the AstraZeneca shot are being prepared by its local domestic partners.
Pfizer shipments are also due to accelerate to more than 35 million doses this month and next.
But against all this supply -- Japan has secured the largest amount of COVID-19 vaccines in Asia, as it gears up for the Olympics in the summer-- just over 4 million doses have administered to health care workers and the elderly.
It has inoculated only 2.2 percent of its population so far, the slowest among wealthy countries, and the government has an ambitious target of inoculating its 36 million elderly people by July.
To achieve that goal, Japan would need to administer about 800,000 shots per day, according to a group of business leaders urging the government to speed up the campaign, more than double the pace of the best days so far.
Taro Kono, the minister in charge of vaccines, said that there were snags in inoculation reservation system and that demand in large cities had outstripped capacity.
“Local government employees are really working hard, as are the call center staff so I ask that people refrain from issuing complaints as much as possible,” Kono told reporters on Friday.
Japan began its vaccination push in February, later than most major economies, and logistical hurdles, mainly manpower, has also slowed the pace of its campaign.
About 2 million healthcare workers are still waiting for their first of the two shot regimen, and that has led to some frustration in the medical community, said Kazuaki Jindai, a physician and researcher in Kanagawa prefecture, south of Tokyo.
“It’s not very transparent in terms of what’s going on,” said Jindai, who is still waiting for a second shot.
The government tasked the Defense Ministry to set up a mass inoculation site in Tokyo and Osaka by May 24. But there is still no timetable for when the general population will receive the shots and some health experts expect it could take until the winter or longer.
Representatives for AstraZeneca and Kono’s office declined to comment on the NHK report on approval timeline. Takeda Pharmaceutical Co, which is handling imports of Moderna’s vaccine, did not immediately respond.
source: Reuters
Image source: Reuters
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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