1. Top
  2. Executives' Comments
  3. Press Conferences
  4. Chairman Yonekura's comments at his Press Conference

Executives' Comments  Press Conferences Chairman Yonekura's comments at his Press Conference

February 12, 2013

Following is the gist of remarks made by Chairman Yonekura at his Press Conference. Translation is rush and tentative, and sequence of the gist does not necessarily coincide with words delivered.

Nuclear Test by North Korea

It is extremely regrettable. The international community will never tolerate any action that threatens world peace. Japan should stick to the U.N. Security Council resolutions and take a firm stand against North Korea.

Departure from Deflation and Pay Rise

The Japanese economy shows some signs of recovery. The Abe cabinet's hard work to end deflation is being watched closely with great anticipation. When the government generates results with the "three arrows" for economic revitalization: bold monetary policy, flexible fiscal policy and growth strategy, business will pick up with a firm step and people will know that growth is back in Japan. Then companies will increase innovation more vigorously using their strength in technologies and human resources as leverage and expand capital investment. In the process, business leaders will implement various business strategies to meet growing strong overseas demand. It will surely contribute to the termination of deflation through erasing of supply-demand gap in the domestic market. Increasing corporate profits will lead to significant improvement in the job situation as well as pay rises.

Companies delivering growing business results can reward their employees with lump-sum payments.

Executives' Comments