Japan’s Real Wages Drop Sharply Amid Rising Inflation
Japan’s real wages fell by 4.1% in January, marking the steepest decline in nearly nine years as four-decade-high inflation eroded consumer purchasing power, according to official data released Tuesday. This drop in inflation-adjusted wages, the largest since May 2014, reflects the impact of high consumer prices on households and poses a challenge for policymakers trying […]
Nintendo Heirs’ Family Office Embraces Patience in Investment Strategy
The Yamauchi-No.10 Family Office, managing nearly $1.5 billion in assets for members of Nintendo’s founding family, adopts a long-term strategy, willing to wait over a decade for turnaround results in its portfolio companies. This patient approach is evident in its ongoing attempt to take marine construction firm Toyo Construction Co private, a battle that may […]
Japan’s PM Calls for More Inflation Relief as Households Struggle
Japanese Prime Minister Fumio Kishida has directed the ruling coalition to create new measures to tackle rising prices within the next two weeks, according to Kyodo news agency. This move is aimed at supporting Japan’s fragile post-COVID economic recovery amid escalating living costs, especially for energy and food. Inflation is hitting household consumption and smaller […]
