Companies will need to factor in a recovery in their earnings from the COVID-19 pandemic and the unknown impact of omicron when annual wage negotiations begin.
Japanese Prime Minister Fumio Kishida is counting on companies to raise wages to accelerate wealth redistribution, the centerpiece of his push for a new form of capitalism.
TOKYO: As winter descends on Japan, the soaring energy prices squeezing budgets around the world are starting to hurt the nation’s consumers and companies. Bathhouse owner Atsushi Tsukui is just one of many whose business is under pressure.