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48% Of Firms To Raise Wages Even Without More Tax Incentives: Survey

  • Category:Other
JAPAN TODAY
 
Nearly half of Japanese firms will raise wages even without further tax incentives for company pay hikes that the government is planning to introduce next fiscal year, according to a survey by a credit research company.
The survey by Teikoku Databank Ltd indicates that more managers...

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Japan Business Investment Rose 1.2% On Year From July To September

  • Category:Other
JAPAN TIMES
 
Capital spending by companies in Japan rose 1.2% in the July-September period from a year earlier, up for the second straight quarter, but growth was slow as some firms hesitated to invest amid the coronavirus pandemic, government data showed Wednesday.
Investment by all nonfinancia...

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BOJ Member Says Spread Of Omicron Warrants Close Monitoring

  • Category:Other
JAPAN TIMES
 
The Bank of Japan needs to pay close attention to the COVID-19 situation amid heightened concern about the spread of the omicron variant of the novel coronavirus, one of its policy board members said Wednesday.
Seiji Adachi said in a speech in Oita Prefecture that the central bank i...

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Japan's October Jobless Rate Falls To 2.7% After State Of Emergency Lifted

  • Category:Other
JAPAN TODAY
 
Japan's jobless rate fell to 2.7 percent in October from the previous month as workers in the food service and accommodation sectors increased with the nationwide lifting of coronavirus states of emergency in the reporting month, government data showed Tuesday.
The seasonally adjust...

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Japanese Firms Take Stricter Measures In Stride

  • Category:Other
NHK
 
NHK asked major Japanese companies for their reaction to the government's stricter border control measure to contain the new variant Omicron.
There are concerns the government could further step up restrictions, affecting employees of Japanese firms when they return home from business trips...

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Whiskey Prices To Rise In Spring

  • Category:Gourmet
THE JAPAN NEWS
 
Suntory Spirits Ltd. said it will raise the prices of 31 whiskey products from brands including Hibiki and Yamazaki, starting with shipments from April 1.
The price hikes will range from 5% to 28%, and apply to products from eight domestic and imported whiskey brands. It will be ...

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Nissan To Invest ¥2 Trillion Over 5 Years To Accelerate EV Development

  • Category:Other
THE JAPAN NEWS
 
Nissan Motor Co. announced Monday its long-term vision to introduce 15 new electric vehicles by fiscal 2030, including EVs equipped with lightweight next-generation all-solid-state batteries.
To accelerate the electrification of its vehicles, the company plans to invest about ¥2 ...

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Kishida Calls For Raises Of Over 3% Ahead Of Japan's Annual Wage Negotiations

  • Category:Other
JAPAN TIMES
 
Prime Minister Fumio Kishida expressed hope Friday that companies will agree to increase wages by over 3% during shunto wage negotiations next spring.
“I want companies whose earnings have returned to levels before the novel coronavirus pandemic to realize a wage increase of over 3%...

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Axe Falls On Mizuho Execs After Spate Of System Glitches

  • Category:Other
THE JAPAN NEWS
 
Mizuho Financial Group Inc. President Tatsufumi Sakai and Koji Fujiwara, the president of its banking unit, will stand down on April 1 to take responsibility for a series of system failures at the bank, the group announced Friday.
Mizuho Financial Group Chairman Yasuhiro Sato wil...

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Japan’s Releasing Of Oil Stockpile Is A Routine Measure: Hagiuda

  • Category:Other
ARAB NEWS
 
About 4 million barrels of Japan’s strategic oil reserve released last week.
Japan will continue to work with major OPEC oil-producing countries such as Saudi Arabia and the United Arab Emirates through various channels to stabilize the international oil market, Japan’s Minister of Tr...

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