Editorials Sep 15, 2018
Many uniquely Japanese employment practices that lie behind recruiting guidelines are changing at a dizzying pace.
NEWSWORTHY
Business Sep 10, 2018
A Japanese business mission arrived in Beijing on Sunday as the governments of both countries continue preparations for mutual visits by their leaders. The team, which has 240 participants, was formed by the Japan-China Economic Association, whose chairman is Shoji Muneoka of Nippon Steel & ...
Business Sep 5, 2018
Keidanren arranging talks over review of graduate hiring rules
Keidanren is arranging talks with the government and universities to review its guidelines on the hiring of university graduates, it was learned Wednesday. The country's biggest business lobby, also known as the Japan Business Federation, hopes to discuss whether to introduce year-round recruitment for university ...
Business Sep 4, 2018
Cabinet members voiced support for an idea by the head of Keidanren to scrap guidelines that set the recruitment schedule for new college graduates beginning in spring 2021.
Business Jul 10, 2018
Major Japan firms dish out 2.53 percent wage hike on average during spring labor talks
Major companies agreed to raise monthly employee pay by ¥8,539, or 2.53 percent, on average for unionized workers in this year's shunto spring labor-management talks, a survey showed Tuesday. The average pay hike topped 2 percent for five years in a row and exceeded ¥8,000 ...
Business / Economy May 31, 2018
New Keidanren chief Hiroaki Nakanishi calls for no delay to 2019 consumption tax hike
Japan needs to raise its 8 percent consumption tax to 10 percent in October 2019 as planned, Hiroaki Nakanishi, new chairman of Keidanren (Japan Business Federation), said in a recent interview. "A postponement to keep economic growth in place or alleviate the impact is not ...
Business Mar 17, 2018
Japanese biz lobbies call for EU-Japan trade deal to apply to U.K. during British exit transition
Japan's leading business bodies have called for Tokyo's trade deal with the European Union to apply to Britain during the around two-year transition phase that will help smooth the U.K.'s exit from the bloc. In a joint statement, the Japan Business Council in Europe and ...
National Mar 1, 2018
'Make or break' job-hunting season begins for university students in Japan
Job fairs were held across Japan on Thursday, kicking off the job-hunting season for students graduating from university next spring. The monthslong recruitment process can make or break careers. Lifetime employment is still common in Japan, especially compared to Western countries. This year, students are likely ...
Editorials Jan 25, 2018
It's time for Japanese businesses to ask whether the collective form of annual wage negotiations serve their interests as they face increasingly tough global competition.
Business Jan 23, 2018
Japan's business lobby and union leaders meet for full-fledged spring wage talks
The leaders of Japan's largest business lobby and labor body met Tuesday for full-fledged shuntō spring wage negotiations. At the meeting in Tokyo, Sadayuki Sakakibara, chairman of the business lobby Keidanren, stressed that his group has made a stronger request than before for pay increases ...
Editorials Jan 19, 2018
Under its new leader, Keidanren should lead the discussions for economic reforms instead of merely going along with the government's policies.
Business Jan 17, 2018
Japan's largest business lobby seeks 3% pay hike in response to 'social demands'
Keidanren, Japan's most powerful business lobby, has renewed its call on member companies to implement a 3 percent pay hike ahead of annual labor-management wage talks, saying the increase is needed in response to "social demands." Following Prime Minister Shinzo Abe's repeated calls for pay ...