Business Topics

Dec 4, 2015

Salaries rose 0.7% in October but bonuses expected to lag

Salaries grew 0.7 percent in October from the previous year to an average of ¥266,309, the Health, Labor and Welfare Ministry said in a preliminary report Friday. The fourth consecutive month of salary growth reflects the pay-scale hike decided at this year’s shunto spring ...

Nov 30, 2015

BOJ chief repeats call to raise wages, says now is the time

Bank of Japan Gov. Haruhiko Kuroda on Monday called on companies to raise wages in line with the central bank’s efforts to achieve 2 percent inflation, saying a suitable environment has already been established. Speaking at a meeting of business leaders in Nagoya, Kuroda ...

Nov 30, 2015

Japan industrial output, retail spending lag expectations

The nation’s industrial output rose 1.4 percent in October from the month before, below forecasts and a decrease from the year before. Government data released Monday also showed retail spending fell in October from a year earlier. The slowdown in China has reverberated in ...

Weak economic data underline pitfalls of Abenomics

Nov 27, 2015

Weak economic data underline pitfalls of Abenomics

Japan on Friday published a string of mostly weak economic data, the first major figures since news that the world’s No. 3 economy had slipped back into recession. A key inflation gauge showed prices fell in October from a year ago, while spending by ...

Keidanren to call for larger wage hike

Nov 26, 2015

Keidanren to call for larger wage hike

The Japan Business Federation, better known as Keidanren, plans to urge its member companies to give substantial pay hikes in the shunto wage negotiations next spring, its chairman told government representatives Thursday. Chairman Sadayuki Sakakibara said in a dialogue session between the government and ...