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Two in Three Japanese Companies Lack a Successor

A survey of 276,000 companies nationwide found that 66.4% of them lack someone to take over the business. This situation has put the future of many small and medium-size companies at risk.

Japanese Employees Still Only Taking Half of Paid Leave

Despite the government’s promotion of “work-style reform,” employees in Japan on average still take only half of their paid holidays. Why are Japanese workers so reluctant to take days off?

Climbing Compensation: Wages See Fifth Straight Year of Growth

The average worker’s salary in 2017 was ¥4.32 million, a return at last to the level seen before the global financial crisis of 2008. Even with this recovery, though, the average is still ¥350,000 less than the all-time high of ¥4.67 million, marked in 1997.

Starting Salaries for University Grads at All-Time High

Amid a growing labor shortage in Japan, the average starting salary for university graduates rose to a record high in 2017, marking the fourth consecutive year-on-year increase.

Majority of Companies Claim a Shortage of Full-Time Employees

The labor shortage appears to be worsening in the Japanese economy. A Teikoku Databank survey has revealed that more than half of the nation’s companies feel they do not have enough full-time employees.

Over 10% of Japanese Workers Get Less than 11 Hours Rest and Recuperation Between Shifts

Statistics from the Ministry of Internal Affairs and Communications show that more than 10% of Japanese workers have intervals between shifts of less than 11 hours.

Japan’s New Labor Laws and the Need to Shift from a Culture of Excessive Working HoursKuroda Sachiko

The Diet has voted to approve the government’s plans to reform the way people work in Japan. But will the new legislation really have the desired effect, or is there a risk that some of the new rules may end up making matters worse?

Salarymen’s Spending Money Failing to Rise

The average amount of spending money among male company workers in Japan was ¥39,836 per month in 2018.

Construction Tops Pay Ranking for Japan’s Listed Companies

The average annual salary at 2,681 listed companies in Japan rose by 0.6% to ¥5.99 million in 2017.

The Lingering Effects of Japan’s “Employment Ice Age”Genda Yūji

The cohort of young people who left university and attempted to enter the workforce during the decade-long slump that hit the Japanese economy from the late 1990s are now in their forties—normally the prime working years of a person’s career. But many of these survivors of the “employment ice age” struggled to get a foot on the career ladder immediately after graduation, and still face low pay and dim career prospects today. Stagnant consumption among this demographic has widespread knock-on effects, and is hampering efforts to revitalize the wider economy. The debate about finding a comprehensive solution to this problem needs to start now—before it is too late.

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