The Ministry of Health, Labour and Welfare announced finalized data from its Monthly Labour Survey, revealing that real wages, adjusted for inflation, decreased by 0.4% in October compared to the same month last year. This marks the third consecutive month of decline.
The individual-type defined contribution pension system, known as iDeCo, which offers tax-saving benefits, has sparked controversy online, with the phrase "iDeCo reform" trending on social media.
Former Nissan Motor Chairman Carlos Ghosn says if Nissan and Honda Motor integrate their businesses, the outcome would not be successful. (NHK)
The former head of Japanese precision equipment maker Olympus has admitted to purchasing illegal drugs on the first day of his trial in Tokyo. (NHK)
Honda and Nissan Motor Co. reported on December 23rd to government authorities that they have entered full-scale discussions on a management merger, according to senior officials in the economic ministries.
The number of aesthetic clinics in Japan, offering services like skin enhancement, has surged by 40% over the past three years. A growing trend, known as 'Chokubi,' involves newly trained doctors immediately joining aesthetic clinics after completing their clinical internships.
Carlos Ghosn, the ex-chairman of Nissan, speaks to Bloomberg's Manus Cranny about the Japanese automaker's potential deal with Honda. He also comments on China's dominance of the electric vehicle market and what auto CEOs are thinking about trade during Donald Trump's second presidency. Ghosn is currently suing Nissan for defamation after his arrest in Japan in November 2018 and charges of financial misconduct, which he denies. (Bloomberg)
Taiwanese electronics giant Foxconn is reportedly in talks with Renault, the French automotive major and a key shareholder of Nissan, to acquire a stake in the Japanese automaker. Taiwanese media reported the negotiations, highlighting a potential shakeup in Nissan's stakeholder structure.