Many Small Firms Eye Closures after Minimum Wage Hike: Survey

Tokyo, March 6 (Jiji Press)--A survey has found that 15.9 pct of smaller companies in Japan would consider closing or suspending their business if minimum wages are raised 7.3 pct in fiscal 2025 in line with a government target. The survey, disclosed Wednesday, was taken by the Japan Chamber of Commerce and Industry from January to February, covering small and midsize businesses across the c...

Many Small Firms Eye Closures after Minimum Wage Hike: Survey
Tokyo, March 6 (Jiji Press)--A survey has found that 15.9 pct of smaller companies in Japan would consider closing or suspending their business if minimum wages are raised 7.3 pct in fiscal 2025 in line with a government target. The survey, disclosed Wednesday, was taken by the Japan Chamber of Commerce and Industry from January to February, covering small and midsize businesses across the c...