Japan’s Labor Crunch Will Force Retailers to Rethink Operation Models, Says Ey-Parthenon’s Kobayashi

The video discusses the contrast between domestic and overseas retail earnings in Japan, highlighting challenges such as labor shortages and wage pressures. It examines the potential impact of a sales tax hike and the government's measures to mitigate it. The video also explores the need for retail modernization through digitization and the implications of upcoming labor reforms, suggesting potential growth opportunities for retailers.

How might the upcoming sales tax hike impact consumer spending in Japan?

In what ways could labor reforms affect the retail industry in Japan?