Regarding future economic policy, Prime Minister Kishida stated that improving the productivity of small and medium-sized enterprises is important in order to sustain wage increases, and expressed his intention to strengthen support for labor-saving operations.
At a meeting of the Council for the Realization of New Capitalism on the 26th, Prime Minister Kishida commented on the situation of this year's spring labor labor movement, saying that following major companies, there was a strong trend of wage increases among small and medium-sized enterprises, and that the Japanese economy was at a critical stage in overcoming deflation. I pointed out that there is.
He then stated, ``In order to achieve sustainable wage increases next year and the year after, the public and private sectors will make every effort to invest in labor-saving measures to raise the labor 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.
In addition, in order to increase the earning power of companies, the government aims to establish laws that encourage business restructuring, including acquisitions and mergers, and also aims to establish laws that encourage business restructuring, including acquisitions and mergers. The company also indicated that it would consider initiatives to support diverse business succession in terms of finance and taxation.
The government plans to revise its ``New Capitalism'' implementation plan this spring to reflect a series of responses.