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Electricity rates will be raised and overtime regulations will be tightened in April.

Hello! We are VeinWorks for Industrial Containers.

Today we have some news regarding price increases starting in April.

 

According to the Nihon Keizai Shimbun, April 1, 2024.

※ Image taken from the Nihon Keizai Shimbun

 

This article discusses the following key points about price increases and their impact in Japan beginning in April 2024.

 

Price hikes: A series of price hikes for food, sundries, and services will affect households.

 

Potential for wage increases: Price increases could create a virtuous cycle with wage increases, positively impacting the economy.

 

Tighter overtime regulations: Overtime regulations for truck drivers, doctors, etc. will be tightened, which may affect general life.

 

Launch of a new service: "Japan's version of ridesharing" will begin in April, with cab companies responsible for driver training and work management.

 

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We are a little concerned that further price increases may have a significant impact on our personal life.

We support Japanese manufacturing business.  

VeinWorks, a Global Company of Industrial Container