In order to achieve sustainable wage increases that outpace price increases, the Liberal Democratic Party's research committee stated that it is necessary to support small and medium-sized enterprises in securing capital, and urged Prime Minister Kishida to appropriately pass on labor costs to prices. We asked them to create an environment where they can do so.
Ahead of the spring labor union response date on the 13th, members of the Liberal Democratic Party's research committee, which examines measures for small and medium-sized enterprises, handed over a written proposal to Prime Minister Kishida on the 12th.
The report points out that the efforts of small and medium-sized enterprises are essential to achieving sustainable wage increases that outpace price increases.
Furthermore, it calls for the creation of an environment in which ``labor costs,'' which correspond to personnel costs, can be appropriately passed on to prices, stating that it is necessary to support small and medium-sized enterprises in securing funds for wage increases.
As one concrete measure, the government should consider reviewing the Subcontract Act in order to strengthen regulations regarding ``buy-tataki,'' which requires subcontractors to do business at unfairly low prices.
In response, Prime Minister Kishida said, ``In order to realize a virtuous economic cycle, we would like to identify the issues and consider whether or not to revise the Subcontracting Act.''We would like to create a movement so that even small and medium-sized enterprises can secure funds for wage increases. There must be.”