Prime Minister Kishida said that in order to sustain wage increases, it is important to improve the productivity of small and medium-sized enterprises. He expressed his intention to strengthen support for labor-saving operations, such as by developing human resources who can master digital technology.
The government plans to revise its ``New Capitalism'' implementation plan this spring to reflect a series of responses. The company also indicated that it would consider initiatives to support diverse business succession in terms of finance and taxation. The Japanese economy was at a critical stage in overcoming deflation.