Japan is having a hard time convincing employees to take 4-day workweeks [Business Insider]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
Company Research
Source: Business Insider
At Panasonic, only 0.3% of eligible employees take a shorter week. Notorious for a hardworking culture, Japan launched an initiative to help people cut back. But three years into the effort, the country is having a hard time coaxing people to take a four-day workweek Japanese lawmakers first proposed a shorter work week in 2021. The guidelines aimed to encourage staff retention and cut the number of workers falling ill or dying from overwork in an economy already suffering from a huge labor shortage. The guidelines also included overtime limits and paid annual leave. However, the initiative has had a slow start: According to the Ministry of Health, Labor, and Welfare, only about 8% of companies in Japan allow employees to take three or more days off a week. It's not just companies — employees are hesitant, too. Electronics manufacturer Panasonic, one of Japan's largest companies, opted into the effort in early 2022 . Over two years in, only 150 of its 63,000 eligible employ
Show less
Read more
Impact Snapshot
Event Time:
FRCOY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FRCOY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FRCOY alerts
High impacting FAST RETAILING UNSP/ADR news events
Weekly update
A roundup of the hottest topics
FRCOY
News
- GU Debuts New York Flagship, E-commerce, Latest Undercover Collaboration [Yahoo! Finance]Yahoo! Finance
- GU Unveils Details of First US Flagship, App, and E-Commerce Launch [Yahoo! Finance]Yahoo! Finance
- GU's SoHo Flagship Sets Sept. 19 as Opening Date [Yahoo! Finance]Yahoo! Finance
- UNIQLO to Open Four More New Stores in Canada [Yahoo! Finance]Yahoo! Finance
- Fast Retailing: Life In The Fast Lane Has Treated This Japanese Retailer Well [Seeking Alpha]Seeking Alpha