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  1. AD2 improve productivity 1020
  2. PS
  3. Intangible productivity is
  4. Japan has the lowest productivity amongst all G7 countries and as a result the Japanese economy is suffering serious damage. According to REITI, Japan’s lack of productivity investment is directly connected to Japan’s poor GDP growth. For example, intangible productivity includes changing company structure and working hours. In fact, Japan’s investment in intangible assets was the lowest of 15 developed countries for 12 years.
  5. For example, according to ①労働研究雑誌, when working hours exceed 50 hours a week , productivity rapidly decreases. Actually, according to RAND Europe, Japan now loses up to 15 trillion yen a year by low productivity.
  6. So current work-style reform is not working and isn’t enough.
  7.  
  8. Effect
  9. AP workers will work less hours, which means companies are forced to invest in productivity.
  10. By working efficiently within 48 hours, and the economy will be improved. Mitsubishi Jisho Property increased productivity by reducing overtime by 30%. And this in turn increased their profits by 20%.
  11. Changing working hours is a type of intangible asset. By companies decreasing working hours, Japan’s intangible productivity will therefore increase.
  12. More companies will start to make these changes because of the law change, and once some companies start making these changes, more and more companies will follow their example.
  13.  
  14. By reducing working hours, we reduce the effects of overwork, and Japan can earn 15 trillion yen a year, improving the economy greatly. Therefore, introducing this plan will benefit both workers and companies.
  15.  
  16. Importance
  17. According to MHLW, when labor productivity improves, workers’ salary also improves. And according to your article library, price of goods will be reduced, profits for companies become higher, and economy will be improved. Productivity directly connects to our lives, so we must take this plan.
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