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Japan's child relative poverty rate fell to 11.5% in the 2021 survey. Yet an improving 'rate' does not necessarily mean improving 'depth.' A 44.5% poverty rate among single-parent households, the paradox of the highest employment rate co-existing with the highest poverty rate among OECD nations, and the explosive growth of children's cafeterias all point to forms of deprivation that a single threshold cannot capture.