The average bonus at major Japanese companies this summer will fall 6.0 percent from a year before to ¥925,947 due to the coronavirus pandemic and a slowdown in the global economy, the Japan Business Federation, or Keidanren, said in a preliminary survey report Wednesday. The ...
Keidanren chief eager to promote digitization and international cooperation
Ahead of the start of his second term as chairman of the Japan Business Federation, or Keidanren, Hiroaki Nakanishi expressed his eagerness to accelerate the nation's digitization efforts and strengthen the country's international cooperation to overcome the coronavirus pandemic. A delay in the application of ...
Japan industry groups offer guidance on how to coexist with COVID-19
The guidelines offer a glimpse into how firms might survive as their customers adopt what's been dubbed a "new lifestyle."
Top business lobby urges four-day workweek as anti-infection step
Companies were also advised to suspend nonessential business trips and conduct meetings and interviews or seminars with job-seekers online.
Keidanren to suggest four-day workweek to reduce virus infection risk
Japan's largest business lobby plans to suggest that member companies introduce a four-day workweek as part of efforts to reduce risks of novel coronavirus infection. A shift from the current five-day workweek system to the four-day system is an option, the Japan Business Federation, or ...
Members of the influential business lobby will be asked to waive patents that could help develop technologies against the virus.
Keidanren collects 260,000 high-level masks to donate to hospitals
Japan's largest business lobby has secured about 260,000 high-performance masks donated by its member companies to ease the shortage of personal protective equipment at medical institutions caused the coronavirus crisis, sources said Saturday. Keidanren, also known as the Japan Business Federation, plans to distribute the ...
Japan business leaders agree to ramp up promotion of teleworking
Business leaders agreed to further promote teleworking to stem the spread of the novel coronavirus in a teleconference with economic revitalization minister Yasutoshi Nishimura on Thursday. Hiroaki Nakanishi, chairman of the Japan Business Federation, or Keidanren, and Akio Mimura, chairman of the Japan Chamber of ...
The Japanese business world is in full support behind Prime Minister Shinzo Abe's declaration of a state of emergency over the new coronavirus outbreak. "The government has made a big decision, and we take it seriously," Hiroaki Nakanishi, chairman of the Japan Business Federation, or ...
Japan's business world calls for bold steps to prevent bankruptcies
Japan's two biggest business associations are calling on the government to take bold measures to prevent companies hit hard by the coronavirus outbreak from going bankrupt. They want the government, which is considering compiling a stimulus package to deal with the economic impact of the ...
Ex-chief of Japan Business Federation set to lead scandal-hit Kepco
A former chief of Japan's most powerful business lobby group is expected to become the new chairman of Kansai Electric Power Co., sources close to the matter said Thursday, as the firm aims to improve governance following a corruption scandal. Sadayuki Sakakibara, 76, was previously ...
Japan firms slowly moving away from old ways on recruitment and pay
Japan's unique, long-held employment practices characterized by annual new graduate recruitment, lifetime jobs and seniority-based pay raises have helped support economic growth in the postwar period. But many major companies have begun to question whether to continue with the decades-old system at a time when ...
