Jan 26, 2014

Leadership change at Keidanren

Keidanren has selected a new leader just as its clout declines and it faces challenges to its role as the nation's most powerful business lobby.

Keidanren hands torch to unique chief after first pick declines

Jan 16, 2014

Keidanren hands torch to unique chief after first pick declines

Unlike his predecessors as head of Keidanren, Toray Industries Inc. Chairman Sadayuki Sakakibara doesn’t belong to the business lobby’s current leadership group of more than a dozen vice chairmen or chief of its Board of Councilors. The 70-year-old Sakakibara, who will take over as ...

Sakakibara proclaimed next Keidanren chief

Jan 14, 2014

Sakakibara proclaimed next Keidanren chief

Keidanren announced Tuesday it will appoint Toray Industries Inc. Chairman Sadayuki Sakakibara as the next chief of the nation’s most influential business lobby to accelerate the country’s economic revival led by the private sector as a leader from a manufacturing company. Sakakibara, who will ...

Toray chief Sakakibara will lead Keidanren

Jan 9, 2014

Toray chief Sakakibara will lead Keidanren

The nation’s most influential business lobby plans to appoint Toray Industries Inc. Chairman Sadayuki Sakakibara as its next chairman, Keidanren officials said Thursday. Sakakibara, 70, accepted the request to assume the chairmanship at the group’s general meeting in June, they said. He will replace ...

Jan 7, 2014

Business leaders call on firms to hike pay

by Masaaki Kameda

In line with Prime Minister Shinzo Abe’s campaign to break the grip of deflation through aggressive economic policies, business leaders on Tuesday called on companies to hike wages. “We have asked member companies to raise wages to realize a virtuous cycle of the economy,” ...

Jan 3, 2014

Only 17% of Japan's biggest firms plan to raise wages

Only 17 percent of major companies will raise wages in the business year that starts April 1, even though 71 percent expect the economy to expand in 2014, according to a Kyodo News survey. Of the 104 companies polled, 18 said they will authorize ...

Dec 26, 2013

Major firms boost winter bonuses

The average winter bonus at major companies rose 3.47 percent from last year to ¥806,007 on the back of the economic recovery, Keidanren said Thursday. The nation’s most influential business lobby said bonuses at automakers surged 11.81 percent to ¥898,838, posting the largest increase ...

Japanese businesses view Southeast Asia as key to growth

Dec 14, 2013

Japanese businesses view Southeast Asia as key to growth

Japanese corporate leaders Saturday emphasized the importance of Southeast Asian markets for the growth of the country’s companies during a meeting with leaders of the Association of Southeast Asian Nations. “Japan’s economic circles will continue to deepen economic exchanges with ASEAN,” Hiromasa Yonekura, chairman ...

Ties with China on mend, Keidanren chief says

Nov 21, 2013

Ties with China on mend, Keidanren chief says

Hiromasa Yonekura, chairman of Japan’s most influential business lobby, is saying that progress has been made in efforts to improve the nation’s ties with China following the latest business mission to China. At a news conference in Beijing, Yonekura, head of Keidanren, said Wednesday ...

Nov 12, 2013

Farm, business lobbies push tie-ups

The nation’s largest farm and business lobbies have agreed to increase tie-ups to boost the competitiveness of the domestic agricultural industry as Japan and 11 other countries try to hammer out the Trans-Pacific Partnership before the end of the year. The two sides agreed ...

Nov 7, 2013

Forced labor rulings worry Japan firms

Three major business lobbies and the Japan-Korea Economic Association are voicing concern over a series of South Korean court rulings ordering Japanese firms to pay compensation to Koreans forced to work in Japan during the war. In a joint written opinion released Wednesday, the ...