Japan CEOs See Higher Prices, Wages With BOJ Move ‘Just a Matter of Time' [Yahoo! Finance]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
Most Read from Bloomberg Putin Gets Record Russia Election Win to Push War in Ukraine Apple Without AI Looks More Like Coca-Cola Than High-Growth Tech Saudi Wealth Fund Said to Be in Talks to Buy National Airline What Does the UAE Get for Its $35 Billion Investment in Egypt? “Finally, Japanese companies can increase the price of items, and that's the first step to increase compensation and hourly wages,” Hisayuki Idekoba, chief executive officer of Recruit Holdings Co., told Haslinda Amin in an interview for Bloomberg TV's Latitude, airing March 28. “It's just a matter of time” until the the Bank of Japan returns to a normal situation, he said. Inflation in the island nation appears to be holding near the BOJ's target of 2%, thanks to higher energy and raw material prices, as well as a tight labor market. As the operator of the the world's largest job-search engine Indeed.com, with access to vast amounts of hiring data, Tokyo-based Recruit has a high degree of visibility
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