Seasonal Bonuses (Japan)
Seasonal bonuses are paid twice yearly in Japan to salaried workers. It is generally referred to as a The summer bonus is called by companies and by unions. It is paid in June or July. The winter bonus is called by companies and by unions and is paid in December. The bonus amount varies from company to company and from year to year, but is generally several months' salary. For example, the 2012 summer bonuses for Japan Airlines employees were equivalent to two months' pay, while All Nippon Airways paid the equivalent of six weeks' pay. As reflected by the different Japanese naming above, while workers effectively consider it to be part of their salary, from the perspective of employers it is contingent on the company performing well, and can be reduced or cut more easily than salaries if the employer considers it necessary. For example, the June 2009 bonuses, during the 2008 financial crisis, were a 19% year-on-year drop according to the Japan Business Federation. 2012 bonuses ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Japan
Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea in the south. The Japanese archipelago consists of four major islands—Hokkaido, Honshu, Shikoku, and Kyushu—and List of islands of Japan, thousands of smaller islands, covering . Japan has a population of over 123 million as of 2025, making it the List of countries and dependencies by population, eleventh-most populous country. The capital of Japan and List of cities in Japan, its largest city is Tokyo; the Greater Tokyo Area is the List of largest cities, largest metropolitan area in the world, with more than 37 million inhabitants as of 2024. Japan is divided into 47 Prefectures of Japan, administrative prefectures and List of regions of Japan, eight traditional regions. About three-quarters of Geography of Japan, the countr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Japan Airlines
Japan Airlines (JAL) is the flag carrier airline of Japan. JAL is headquartered in Shinagawa, Tokyo. Its main hubs are Tokyo's Narita International Airport, Narita and Haneda Airport, Haneda airports, as well as secondary hubs in Osaka's Kansai International Airport, Kansai and Itami Airport, Itami airports. The JAL group, which includes Japan Airlines, also comprises J-Air, Japan Air Commuter, Japan Transocean Air, Hokkaido Air System, and Ryukyu Air Commuter for domestic feeder services, and JAL Cargo for cargo and mail services. JAL group operations include scheduled and non-scheduled international and domestic passenger and cargo services to 220 destinations in 35 countries worldwide, including codeshare agreement, codeshares. The group has a fleet of 279 aircraft. In the fiscal year ended 31 March 2009, the airline group carried over 52 million passengers and over 1.1 million tons of cargo and mail. Japan Airlines, J-Air, JAL Express, and Japan Transocean Air are members of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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All Nippon Airways
(ANA) is a Japanese airline headquartered in Minato, Tokyo. ANA operates services to both domestic and international destinations and is Japan's largest airline, ahead of its main rival flag carrier Japan Airlines. the airline has approximately 12,800 employees. The airline joined as a Star Alliance member in October 1999. In addition to its mainline operations, ANA controls several subsidiary passenger carriers, such as its regional airline ANA Wings, Air Nippon, Air Do (a low-cost carrier operating scheduled service between Tokyo and cities in Hokkaido), Air Japan and ANA & JP Express, Allex Cargo (ANA Cargo – the freighter division operated by Air Japan). ANA is also the wholly-owned shareholder in Peach (airline), Peach, a low-cost carrier joint venture with Hong Kong company First Eastern Investment Group. History Formation ANA's earliest ancestor was (also known as Nippon Helicopter and Aeroplane), an airline company founded on 27 December 1952. Nippon Helicop ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Japan Business Federation
The is an economic organization founded in May 2002 by amalgamation of Keidanren (, Japan Federation of Economic Organizations, established 1946; name sometimes used alone as abbreviation for whole organization) and Nikkeiren (, Japan Federation of Employers' Associations, established 1948), with Nikkeiren being absorbed into Keidanren. The federation is commonly referred to as "Keidanren", its 1,601 members consist of 1,281 companies, 129 industrial associations, and 47 regional economic organizations (as of June 15, 2010). For most of the post-war period, Keidanren has been the voice of big business in Japan and is generally considered the most conservative of the country's three major private sector led business associations. The other two organizations are the (日本商工会議所) and the Japan Association of Corporate Executives (経済同友会). According to the organization's official website, the mission of the Keidanren is to: accelerate growth of Japan's and th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sompo Japan Nipponkoa Insurance
, formerly known as , is a Japanese insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine, with market share of 19.3% in 2007. As of 2010, the company is a wholly-owned subsidiary of SOMPO Holdings. The “Sompo” in the company's name means in Japanese, though Sompo Japan offers a range of financial services including life insurance, securities, asset management and venture capital businesses. History Tokyo Fire Insurance Company, Ltd. was established in 1887 as Japan's first fire insurance company. The company worked to cultivate an awareness of fire insurance, and five branch offices were added within a year. The major Yokosuka fire of 1890, however, nearly toppled the fledgling company. In 1893, Japanese entrepreneur Zenjiro Yasuda absorbed the Tokyo Fire Insurance Company into the Yasuda zaibatsu. Later, in 1944, Tokyo Fire Insurance, Imperial Marine Insurance, and First Engine & Boiler Insurance merged to become the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ministry Of Health, Labour And Welfare
The is a cabinet level ministry of the Japanese government. It is commonly known as in Japan. The ministry provides services on health, labour and welfare. It was formed with the merger of the former Ministry of Health and Welfare or and the Ministry of Labour or . The Minister of Health, Labour and Welfare is a member of the Cabinet and is chosen by the Prime Minister, typically from among members of the Diet. Organization The ministry contains the following sections as of 2019: * The Minister's Secretariat (including the Statistics and Information Department) * The Health Policy Bureau * The Health Service Bureau * Pharmaceutical and Food Safety Bureau (including the Food Safety Department) * The Labour Standards Bureau (including the Industrial Safety and Health Department, Workers Compensation Department, and Workers' Life Department) * The Employment Security Bureau (including the Employment Measures for the Elderly and Persons with Disabilities Department) * The H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Daily Yomiuri
The is a Japanese newspaper published in Tokyo, Osaka, Fukuoka, and other major Japanese cities. It is one of the five major newspapers in Japan; the other four are ''The Asahi Shimbun'', the ''Chunichi Shimbun'', the ''Mainichi Shimbun'', and the ''Nihon Keizai Shimbun''. It is headquartered in Otemachi, Chiyoda, Tokyo.'' It is a newspaper that represents Tokyo and generally has a conservative orientation. It is one of Japan's leading newspapers, along with the Osaka-based liberal (Third Way) ''Asahi Shimbun'' and the Nagoya-based social democratic ''Chunichi Shimbun''. This newspaper is well known for its pro-American stance among major Japanese media. It is published by regional bureaus, all of them subsidiaries of The Yomiuri Shimbun Holdings, Japan's largest media conglomerate by revenue and the second largest media conglomerate by size behind Sony,The Yomiuri Shimbun Holdings is the largest media conglomerate by revenue in Japan, while Sony is Japan's largest medi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nippon Life
, also known as or is the largest Japanese life insurance company by revenue. The company was founded in 1889 as the ''Nippon Life Assurance Co., Inc.'' In structure it is a mutual company. It first paid policyholder dividends in 1898. Overview Nippon Life employs 70,519 employees and has 70,608 billion yen in assets as of 2016. The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka is a Cities designated by government ordinance of Japan, designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the List of cities in Japan, third-most populous city in J ..., Japan. References External links Company website(in Japanese)Company website(in English) Insurance companies of Japan Mutual insurance companies Companies based in Osaka Prefecture Financial services companies established in 1889 1889 establishments in Japan Japanese brands Chūō-ku, Osaka {{japan-company-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Employee Bonus
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, and disability insurance. Employment is typically governed by employment laws, organization or legal contracts. Employees and employers An employee contributes labour and expertise to an endea ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |