Suzuki chairman to receive no pay for one year

Business / Corporate May 29, 2019

Suzuki chairman to receive no pay for one year

Suzuki Motor Corp. Chairman Osamu Suzuki will not receive executive remuneration for a one-year period starting in July as part of disciplinary measures following revelations of improper vehicle inspections, the automaker said Tuesday. President Toshihiro Suzuki will receive a 50 percent pay cut for six ...

Business Apr 1, 2014

Banks see economy withstanding sales tax increase

The economy will probably withstand the consumption tax increase that took effect Tuesday as Prime Minister Shinzo Abe prepares stimulus measures and companies raise wages, the new head of the bank lobby said. Abe remains on track to achieve his goal of ending deflation after ...