[HIGHLIGHTS] Minister of Economy, Trade and Industry requests electronics manufacturers to pass on price to small and medium-sized business partners

Minister of Economy, Trade and Industry requests electronics manufacturers to pass on price to small and medium-sized business partners. Minister Saito met with the top management of electronics manufacturers with a view to raising wages for small andmedium-sized enterprises.

Survey by Small and Medium Enterprise Agency found that despite the rise in costs in the electronics industry, approximately 20% of small andMedium enterprises have kept their transaction prices unchanged. The Ministry of Economy,. Trade, and Industry plans to work with the Fair Trade Commission to further ensure price pass-through measures.