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July 16, 2024
 

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WAGES

Japan Times
JAPAN / Politics
Jan 23, 2023
In policy speech, Kishida puts focus on child care and defense
Implementing all of the policies mentioned in the speech — from child care and defense spending to wage hikes — will be tough if Kishida lacks a stable political base.
Japan Times
BUSINESS / Economy
Jan 23, 2023
Wage talks begin with Rengo and Keidanren agreeing on need for pay hikes
Core consumer prices in the country rose 4% in December from a year earlier, the highest level since 1981, while Japan's real wages declined for the eighth straight month in November.
Japan Times
BUSINESS / Economy
Jan 20, 2023
Over 70% of Tokyo's small and midsize firms have no plans to raise wages this year
While top firms have already announced wage increases following Kishida’s call for a hike that exceeds inflation, the survey shows that this may prove to be difficult for smaller companies.
Japan Times
BUSINESS / Economy
Jan 19, 2023
Majority of Japan firms heed Kishida's call to raise wages this year
The prime minister has repeatedly urged companies to make strong efforts to lift employee pay, which has failed to keep up with the fastest inflation in 40 years.
Japan Times
BUSINESS / Economy
Jan 17, 2023
Japan’s largest trade union head says 2023 is pivotal for wages
Trade union leader has stressed the importance of moving toward continued wage growth in the face of rapid inflation and economic stagnation.
Japan Times
BUSINESS
Jan 16, 2023
Japanese CEOs facing inflation are talking more about merit-based pay
On one hand, such talk can be seen as a sign of corporate Japan casting aside the remains of a compensation system based on across-the-board rewards and seniority.
Japan Times
BUSINESS
Jan 16, 2023
Traders eye chance of further BOJ tweaks with ‘Pandora’s box open’
Another increase in the key 10-year yield's permitted trading ceiling is seen as the most likely course of action, should the BOJ act.
Japan Times
BUSINESS
Jan 12, 2023
Uniqlo owner sticks to forecast while seeking to raise wages
Operating profit for the year ending August is forecast to reach u00a5350 billion ($2.7 billion), the clothing retailer said in a statement.
Japan Times
BUSINESS
Jan 11, 2023
Top Japan business lobby to request pay increases that top inflation
The request comes as Prime Minister Fumio Kishida urges businesses to give above-inflation wage rises as part of his 'new capitalism' growth and redistribution policy.
Japan Times
BUSINESS / Companies
Jan 11, 2023
Uniqlo owner Fast Retailing to boost Japan salaries up to 40%
Starting monthly salaries for university graduates will increase to u00a5300,000 ($2,270) from u00a5255,000, while salaries for new store managers at Uniqlo will rise to u00a5390,000 from u00a5290,000.
Japan Times
BUSINESS
Jan 6, 2023
Japan real wages fall most since 2014, keeping BOJ goal distant
Real cash earnings for Japan's workers dropped 3.8% from a year earlier in November, declining for the eighth straight month.
Japan Times
BUSINESS
Jan 5, 2023
Kishida urges faster wage hikes to avoid stagflation
The government is pledging to spend u00a51 trillion ($7.5 billion) in the next five years on re-skilling workers, while encouraging firms to make pay scales more flexible.
Japan Times
BUSINESS / Economy / Outlook for 2023,New Year Special 2023
Jan 3, 2023
What to expect from Japan’s economy in 2023
The Japanese economy faced its share of hurdles last year, but economists say better days may be ahead in 2023.
Japan Times
BUSINESS
Dec 28, 2022
BOJ debated rising wages and fading deflation risks at December meeting
The increased attention to mounting inflationary pressures could keep alive market expectations the BOJ will phase out massive stimulus next year.
Japan Times
BUSINESS
Dec 26, 2022
BOJ’s Kuroda dismisses near-term chance of exiting easy policy
Kuroda said the decision last week to widen the allowance band around its yield target was aimed at enhancing the effect of its ultraeasy policy.
Japan Times
BUSINESS
Dec 23, 2022
Japanese homeowners face an unfamiliar headache: higher mortgages
The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signaling a potential end to ultralow rates.
Japan Times
BUSINESS
Dec 23, 2022
Winter bonuses at Japanese firms see sharpest increase in 40 years
Of the 18 industries in the survey covering 162 major firms, average bonuses rose in 16 sectors this winter.
Japan Times
BUSINESS / Economy
Dec 22, 2022
Japan revises up growth forecast on higher capital spending and wages
The projections underscore how the country is set to buck a global growth slowdown thanks to robust domestic demand supported by inbound tourism reopening.
Japan Times
BUSINESS / Economy
Dec 18, 2022
Japanese companies raise winter bonus by 9.7%: report
Steel-makers led all industries in bonus increases, while the semiconductor industry saw several companies reporting record profits led by strong demand.
Japan Times
BUSINESS
Dec 14, 2022
Bank of Japan policy review likely in 2023, economists say
All 47 economists polled expect no change in the BOJ's negative interest rate and yield curve control program at the end of the two-day gathering on Dec. 20.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
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Longform

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