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From The Guardian:
Big tech warns of 'Japan's millennium bug' ahead of Akihito's abdication
FULL ARTICLE HERE
On 30 April 2019, Emperor Akihito of Japan is . The decision was announced in December 2017 so as to ensure an orderly transition to Akihito’s son, Naruhito, but the coronation could cause concerns in an unlikely place: the technology sector.
The Japanese calendar counts up from the coronation of a new emperor, using not the name of the emperor, but the name of the era they herald. Akihito’s coronation in January 1989 marked the beginning of the Heisei era, and the end of the Shōwa era that preceded him; and Naruhito’s coronation will itself mark another new era.
But that brings problems. For one, Akihito has been on the throne for almost the entirety of the information age, meaning that many systems have never had to deal with a switchover in era. For another, the official name of Naruhito’s era has yet to be announced, causing concern for , calendar printers and international standards bodies.
It’s why some are calling it “Japan’s problem”.
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Some Japanese bodies are attacking the problem from the other end. In May, the country’s national tax agency announced it was considering continuing Heisei dates after the switchover, in an effort to avoid confusion in tax payments.
Finally. The Neo-Heisei era will arrive.
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So it's Y2K but for Japanese systems