Latest news with #YujiMurakami
Nikkei Asia
6 days ago
- Business
- Nikkei Asia
Japan workers' share of profits hits 51-year low despite record earnings
Work Globalization of corporate activity contributes to smaller piece of pie for labor Japanese workers won historically high raises this year, but their share in corporate profits has declined. (Photo by Yuji Murakami) KOSUKE TAKEUCHI TOKYO -- The share of Japanese corporate profits going to workers has dropped to the lowest level in 51 years, Nikkei has found, indicating record earnings are not being allocated toward higher wages. Labor's share of profits stood at 53.9% for the fiscal year ended March 31. It is a low not seen since 1973.
Nikkei Asia
04-07-2025
- Business
- Nikkei Asia
Thailand should join CPTPP pact, says CP Group senior chairman
CP Group Senior Chairman Dhanin Chearavanont speaks during an interview in Tokyo on May 30. (Photo by Yuji Murakami) KENYA AKAMA TOKYO -- As the U.S. government's tariff policy shakes the global trading system, Thailand should join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to benefit from cooperation with other economies, the senior chairman of one of Southeast Asia's biggest conglomerates said. "Thailand should immediately join it. There is no reason not to join," Dhanin Chearavanont of Thailand's Charoen Pokphand (CP) Group told Nikkei Asia in an exclusive interview in late May.
Nikkei Asia
03-07-2025
- Business
- Nikkei Asia
Ireland to boost defense spending 'significantly': PM
Irish Prime Minister Micheal Martin speaks with Nikkei in Tokyo on July 2. (Photo by Yuji Murakami) YUSUKE NAKAJIMA and MINA ASHIKAWA TOKYO -- Ireland will "significantly" increase defense spending from the current 0.2% of gross domestic product, and the European Union should not overreact to American tariffs, Prime Minister Micheal Martin told Nikkei in an interview here Wednesday. Ireland is an EU member but has traditionally adopted a neutral security policy and does not belong to the North Atlantic Treaty Organization. At a summit in June, NATO set a goal of increasing defense spending and related investments by member countries to 5% of GDP by 2035.
