Roughly a decade has passed since the bursting of Japan’s bubble economy, and despite some intermittent signs of recovery, the nation’s economic downturn that began in the early 1990s continues in the present. This special issue of South Atlantic Quarterly, "Millennial Japan," was conceived as an attempt to take stock of the so-called Heisei recession in terms of its construction as a moment of major historical transition. The articles collected here examine the discourse surrounding the recession and the ways this discourse has influenced the production of scholarship on Japan.