CEO Behind 5,300% Stock Gain Says Secret Is Raising Salaries
Bloomberg 1 hr ago Min Jeong Lee and Toshiro Hasegawa
(Bloomberg) Masaru Tange says the strategy that turned his company into one of Japan’s best-performing stocks may be surprising: He buys smaller firms and boosts their workers’ pay.
Tange’s Shift Inc., a software tester, acquires other businesses near the bottom of the industry supply chain and raises their engineers’ salaries. He says he’s able to do this and still charge competitive prices by cutting out layers of companies that serve as middlemen in the outsourcing process. And having more workers leads to higher sales.
MONEYWEB
app instead?
He buys smaller firms and boosts their workersâ pay.
By Min Jeong Lee and Toshiro Hasegawa, Bloomberg
17 May 2021 08:13
Image: STR/AFP/Getty Images
Masaru Tange says the strategy that turned his company into Japanâs best-performing stock may be surprising: He buys smaller firms and boosts their workersâ pay.
Tangeâs Shift Inc., a software tester, acquires other businesses near the bottom of the industry supply chain and raises their engineersâ salaries. He says heâs able to do this and still charge competitive prices by cutting out layers of companies that serve as middlemen in the outsourcing process. And having more workers leads to higher sales.
(Bloomberg) Masaru Tange says the strategy that turned his company into Japan’s best-performing stock may be surprising: He buys smaller firms and boosts their workers’ pay.
Tange’s Shift Inc.
CEO Behind 5,500% Stock Gain Says His Secret Is Raising Salaries ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.
Metroid and
Pokemon, will release an album that pulls together of demo tracks called
Lost Tapes. The CD will go on sale March 24, 2021 for ¥2,650 (about $25) and feature 25 demo recordings from the 1980s and 1990s. Disk Union will also sell a cassette tape along with the collection, which will include two “secret” demo recordings. The special cassette will only be available for a limited time. [Thanks Game Watch!]
The collection is curated by Yusuke Sato, a musician with whom Tanaka previously worked with on live performances. The base product will include a 25-song CD and booklet. Included in the tracklist is an early recording of the hit theme song “Aim to Be a Pokemon Master” from the Japanese version of the