Summer bonuses at major Japan firms down 2.17 percent

Business / Economy Aug 5, 2020

Summer bonuses at major Japan firms down 2.17 percent

The average summer bonus at major Japanese companies this year dropped 2.17 percent from a year earlier to ¥901,147, a Japan Business Federation survey showed Wednesday. The average amount fell for the second consecutive year reflecting the global economic slowdown and the novel coronavirus pandemic ...

Japan corporate sales suffer biggest quarterly drop since 2011

Business / Economy Jul 27, 2020

Japan corporate sales suffer biggest quarterly drop since 2011

Companies in the January-March quarter suffered their largest sales dip since the economic downturn triggered by the 2011 earthquake and tsunami, according to revised data released Monday by the Finance Ministry as the coronavirus pandemic hit more businesses than previously estimated. Sales across all industrial ...