Ties improving between Tokyo and Beijing: Vice Premier Zhang

Sep 21, 2016

Ties improving between Tokyo and Beijing: Vice Premier Zhang

Beijing’s relations with Tokyo are improving, and both sides should overcome political differences to expand cooperation, China’s Vice Premier Zhang Gaoli told a mission of more than 200 Japanese businessmen in Beijing on Wednesday. He noted Chinese President Xi Jinping met with Prime Minister ...

Aug 4, 2016

Japan Inc. hopeful new Cabinet can revive economy

Business circles sent out supportive messages to the new Cabinet of Prime Minister Shinzo Abe and said they expect the new team to revitalize Japan’s tepid economy. “We hope that the new Cabinet will exercise leadership to revitalize the Japanese economy and help realize ...

Business community hopes stable Abe government brings tough economic reforms

Jul 11, 2016

Business community hopes stable Abe government brings tough economic reforms

The business community has urged Prime Minister Shinzo Abe to pursue economic and fiscal policy reforms under a stable government, following the ruling coalition’s victory in Sunday’s House of Councilors election. “Economic growth and fiscal rehabilitation are issues that should be achieved simultaneously,” said ...

Jun 10, 2016

Japan business leaders hold talks with Russian officials

Officials from the Japan Business Federation, or Keidanren, held talks with the Russian government in Moscow on Thursday, with the Russian side expressing hopes for stepped-up economic cooperation from Japan. The Keidanren members, including Teruo Asada, head of the Japan-Russia Business Cooperation Committee — ...

Jun 7, 2016

Summer bonuses at major Japanese firms to average ¥927,000

The average summer bonus among major companies will rise 3.74 percent from last year to ¥927,415 for the fourth straight increase, according to a preliminary report by Keidanren. The growth reflects a rise in the number of companies linking employee bonuses to corporate earnings, ...

Apr 19, 2016

Japan Inc. offers pay hikes of 2.19%, lowest in three years

There was 2.19 percent growth in monthly salaries agreed by labor and management at 62 major Japanese companies in this year’s shunto talks, the lowest in three years, the Japan Business Federation said Monday. Shunto talks in 2014 and 2015 resulted in 2.39 percent ...

Rengo to focus on monthly pay in wage-hike talks, not annual income

Jan 29, 2016

Rengo to focus on monthly pay in wage-hike talks, not annual income

This year’s shunto spring wage talks should focus on raising monthly pay rather than annual pay, Rikio Kozu, president of the Japanese Trade Union Confederation (Rengo), said in an interview Thursday. Keidanren called on member companies to raise annual pay, including bonuses and allowances. ...