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

April 8, 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.

First 100 days of PM Abe's Cabinet

The government and the Bank of Japan showed firm determination to end deflation. The leaders have carried out the "three arrows" policies for economic revitalization — bold and drastic monetary easing, flexible fiscal policy and a national growth strategy. Their solid stance and strong action have acquired credit within the market.

The first 100 days of Prime Minister Abe' Cabinet have been a success. All possible policies to revitalize the nation's economy have been implemented. It is beyond praise.

Recruiting period for university students

It would make no sense to discuss the issue without considering possibilities of confusing students as well as having negative impacts on small and medium-sized companies' employment. The Keidanren's charter of corporate ethics for recruiting and employing new graduates is a practical guideline of a non-binding nature. It would fall into mere formality unless what is written on the document meets with companies' approval.

Keidanren will make it clear how we respond to an official request from the government when it comes. Shortening companies' recruiting period is expected to help students devote themselves more to their academic work. Thinking about the background, universities are required to become more attractive and substantial so that they can encourage their students study more.