Why Japan’s ‘shunto’ spring wage talks matter
whtc.com -- Mar 08
Every March, management of major Japanese firms meet with unions for wage talks across industries that set the tone for employees’ pay in the new fiscal year.
The precedent set at the “shunto” spring wage talks also influences wages at smaller firms that employ seven out of 10 Japanese workers and supply big manufacturers.
The outcome will have a huge influence on how soon the Bank of Japan (BOJ) could end ultra-low interest rates, as steady wage hikes are crucial to kick-starting domestic demand and keeping inflation sustainably around its 2% target. ...continue reading
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While Kyoto Station is bustling and many tourists wait for a taxi, a shortage of drivers has left more than 50 vehicles in the taxi company's garage, TV Asahi reports.
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The world's leading semiconductor manufacturer TSMC headquartered in Taiwan has indicated a policy to build a second factory in Japan's Kumamoto prefecture, TV Asahi reports.
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newsonjapan.com - Jun 07
Hello there, entrepreneurs! We, at AJ Marketing, are thrilled to welcome you on this exciting journey towards expanding your business in Japan.
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CNA - Jun 06
Japan's wages rose in April as major companies lifted pay at the fastest pace in three decades on workers' increased demands for salaries to keep up with inflation, but households' spending remained weak and underlined a patchy economic recovery.
Japan's government aiming for 30 percent female executives at top companies by 2030
NHK - Jun 06
The Japanese government announced on Monday a draft policy package for promoting gender equality. It includes a target of having at least 30% female executives at top companies by 2030.
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Nikkei jumps to 33-year high on U.S. stock surge, robust jobs data
Japan Today - Jun 05
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New Murakami Haruki novel tops Japan book sales
NHK - Jun 02
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Three people charged over Ghosn's escape found not guilty in Turkey retrial
NHK - Jun 01
A lawyer for three people who were charged with helping former Nissan Motor Chairman Carlos Ghosn flee Japan has told NHK they were acquitted by a Turkish court in a retrial.
Norwegian fund to reject all-male boards in Japanese firms
Japan Today - May 31
Norway's sovereign wealth fund, the world's biggest, will from now on vote against the nomination of all-male boards in Japanese companies, a senior fund official said Tuesday.
Air Nippon Airways launches NFTs marketplace
coinjournal.net - May 31
The largest airline in Japan, Air Nippon Airways (ANA), has today launched an aeronautical-themed non-fungible tokens (NFTs) marketplace with its subsidiary ANA Neo.
Nikkei hits highest since July 1990 on weak yen, US optimism
yahoo.com - May 29
Japan's Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen.
Japan to impose stricter AML measures for digital currencies in June 2023
coingeek.com - May 29
After years of handling it with leniency, Japanese lawmakers have confirmed plans to impose stricter Anti-Money Laundering (AML) rules for the digital currency industry.
Unrealized losses surged at Japan's regional banks in FY2022
NHK - May 29
Regional banks in Japan saw unrealized losses surge in fiscal 2022. A new survey says the figure climbed by more than 5 times in yen terms over the previous year as investments sank.
Tokyo consumer prices up 3.2 percent in May as food costs jump
NHK - May 26
Overall prices in the Japanese capital remain high as people continue to pay more for food and some services.
Japan data signals stronger recovery, aided by return of tourists
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Japan’s slow post-pandemic recovery is showing signs of growing momentum, according to the latest gauges of strength in the service and factory sectors.
