Kishida Cabinet’s approval rises to fresh high of 61.5%

Prime Minister Fumio Kishida | POOL / VIA KYODO

The approval rating for Prime Minister Fumio Kishida’s Cabinet rose to 61.5%, the highest since he took office in October last year, as the government starts easing COVID-19 restrictions and guidelines, a Kyodo News survey showed Sunday. In the two-day telephone survey from Saturday, the rating was up from 58.7% about a month ago. It

Yen’s rapid fall not seen as positive for economy by Japan’s major firms

In a question about a desirable exchange range for the yen against the dollar, about half of the major firms that responded chose a zone between ¥110 and ¥115, compared with the current levels around ¥130. | BLOOMBERG

None of Japan’s major companies see the yen’s recent rapid fall as positive for the domestic economy, even as the currency’s weakening typically benefits its export-oriented economic structure, a survey showed Monday. In a Kyodo News survey covering 125 companies, of which 109 such as Toyota Motor Corp. and Softbank Group Corp. gave valid answers,

Japan’s firms see one-time bonuses lifting salaries — not permanent raises

More than two-thirds of Japanese firms don't plan to raise base salaries at this year's labor talks, a survey has shown. | BLOOMBERG

IMAGE GALLERY (CLICK TO ENLARGE). More than two-thirds of Japanese firms do not prepare to raise base pay at this years labor talks, a survey revealed, with pay increases more most likely to come in the kind of one-time benefits that may not kick-start family spending.A slim majority of firms stated they would raise the

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