With wage growth still anemic, retailers have long been reluctant to raise sticker prices for fear of scaring off customers more used to years of deflation.
For Grace Huang's latest contributions to The Japan Times, see below:
Olympus’s shares have more than doubled since ValueAct, a U.S. hedge fund, persuaded Olympus to accept its director nominations in 2019.
The positive data could mean Japan, which is racing to complete a booster drive in hopes of curbing future outbreaks, will soon have an indigenous jab.
The safety of all 900 workers at the facility has been confirmed and the company is monitoring developments closely, a spokesman wrote in an email Friday.
Japan has a long history of easy credit that’s been blamed for keeping "zombie” firms alive, which "bring down the potential growth rate and can even sap the impact of monetary easing.”
Rather than cutting capital gains taxes, the prime minister floated the idea of raising them.
Kishida has made boosting middle-class incomes a centerpiece of his agenda, but many businesses don’t have breathing room to consider wage increases.
Tomoko Yoshino is considering ways to provide practical training for women in presentation and persuasion skills to help them advance.
Economists estimate gross domestic product contracted an annualized 0.7% in the three months to September.
Daiichi Sankyo is aiming for full regulatory approval by the second half of next year.