October 11, 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.
Positive Cycle of the Economy
There are signs of the end of deflation and the beginning of sustainable economic growth in Japan. Business is picking up and capital investment is expanding. Some companies may not have felt the effects of the economic recovery yet, but I am confident that increasing companies will improve earnings and realize the Japanese economy is gathering steam.
Keidanren is encouraging our member companies enjoying good business results to reward their employees with pay increase to ensure a positive cycle of the economy.