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My theory right now is that Yahoo Japan is waiting for the Inktomi switchover before they think about doing anything drastic with their SERPs.
<added> Don't you think there would be more outrage on behalf of all the people who paid ¥52,500 whose listings then became essentially meaningless?</added>
David right now a Yahoo Japan directory listing is worth it. It does give you a PR kick and it will pull in traffic on its own. Just how long that will last is unknown, but it may be better to take advantage of that while you can.
outrage? in Japan?
Just one thing about the Yahoo Japan listing, I would not be so quick to assume that it will help your Google position (at least significantly). If you check the back links on our homepage then you will find there is no link from Yahoo Japan (been in there for about 9 months), mind you at the moment there is no back link from the DMOZ showing either(only a few months).
We are now receiving a backlink from Webmasterworld. Thank you!
Yes, if doing searches on important keywords on yahoo.co.jp causes your category to come up in the first few pages (before the google results) it is well worth the money to be in the directory. When you apply, be sure your most important keywords are in the Yahoo description.