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Top related persons:
Kim Kyung - 1 Takeshi Niinami - 1 Fumio - 1 Kazuo Ueda - 1 Hisashi Yamada - 1 Rengo - 1 Atsushi Takeda - 1 Kishida - 1
Top related locs:
Tokyo Japan Ukraine Saitama
Top related orgs:
REUTERS - 1 Rights - 1 Suntory Holdings Ltd - 1 Meiji - 1 Life Insurance - 1 Suntory Holdings - 1 Bank - 1 Japan - 1

Search resuls for: "Suntory Holdings Ltd"


2 mentions found


☆ Japan's back-to-back wage bonanza would open door for BOJ exit
  + stars: | 2023-11-19 | by ( Tetsushi Kajimoto Kentaro Sugiyama | Tetsushi Kajimoto | Kentaro Sugiyama | ) www.reuters.com   time to read: +5 min
"Given the fast-changing landscape, I believe those who move fast (with wage hikes) should become competitive." A demand made this year by Rengo, Japan's largest trade union confederation, for pay hikes of "around 5%" resulted in average wage hikes of 3.58% among major companies. Six out of 10 economists in a Reuters poll expect major firms' pay hikes in 2024 to exceed this year's. The key, however, would be whether wage hikes broaden to smaller firms and those in the regional areas. A report by the BOJ's regional branch managers in October warned wage hikes remained uneven among sectors with many firms undecided on next year's pay increments.
Persons: Kim Kyung, Takeshi Niinami, Fumio, Kazuo Ueda, Hisashi Yamada, Rengo, Atsushi Takeda, Kishida, Keita Kondo, Tetsushi Kajimoto, Kentaro Sugiyama, Sam Holmes, Leika Organizations: REUTERS, Rights, Suntory Holdings Ltd, Reuters, Meiji, Life Insurance, Suntory Holdings, Bank, Japan, Hosei University, OECD, UA Zensen, Itochu Economic Research Institute, Thomson Locations: Tokyo, Japan, Ukraine, Saitama
☆ Suntory CEO expects next BOJ governor to show clear policy roadmap
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: +2 min
The BOJ stuck to its ultra-easy policy at a two-day policy meeting that ended on Jan. 16, defying investors who had bet on it ceasing to defend a cap on the 10-year government bond yield. The cap is part of a policy called yield curve control (YCC). But Niinami said expectations were growing that the BOJ would sooner or later end its expansionist experiment. "The ultra-easy policy can't be kept forever, given current (economic) conditions. Niinami also said economic growth led by the private sector would be needed to help prevent Japan's financial health worsening further.
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