Business Topics

May 23, 2016

Cabinet Office slightly revises economic index numbers

The composite index of coincident economic indicators rose 0.4 points in March from the previous month, the Cabinet Office said in a revised report Monday. Previously, the government agency said the coincident index, which reflects current economic conditions, gained 0.5 points. The index now ...

Record 97% of university graduates land jobs

May 20, 2016

Record 97% of university graduates land jobs

A record-high 97.3 percent of university graduates in Japan were employed as of the beginning of the fiscal year on April 1, according to government data released Friday, reflecting companies’ increasing appetite for recruitment. The employment rate of job-seeking university graduates rose 0.6 percentage ...

May 19, 2016

Monthly machinery orders rise 5.5% in sign of higher business investment

The nation’s core private-sector machinery orders rose a seasonally adjusted 5.5 percent in March from the previous month, following a 9.2 percent decline in February, the government said Thursday. The orders, widely viewed as a leading indicator of future capital spending, totaled ¥895.1 billion, ...

May 17, 2016

Japan household savings hit record ¥18 million in 2015

The average savings at households in 2015 rose 0.4 percent to ¥18.05 million, the highest level since officials began compiling comparable data in 2002, the internal affairs ministry said. The balance grew for the third consecutive year, thanks chiefly to a rise in the ...