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Nikkei Asia
16-07-2025
- 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
27-06-2025
- Business
- Nikkei Asia
Japan's May rice imports surge as companies shrug off heavy tariff
Japanese retailer Aeon is offering California-grown Calrose rice in its stores. (Photo by Marina Inoue) KOSUKE TAKEUCHI TOKYO -- Rice imports by Japanese companies shot up in May, government trade data shows, as retailers and restaurants try to cope with elevated domestic prices. Imports of rice for consumption, which are subject to a high tariff, exceeded 10,000 metric tons for the first time. The May figure was 126 times greater than the monthly average in 2024.