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© KYODONissan stripped of eligibility for Japan tax break to boost wages
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© KYODO
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dagon
Company sitting on profit hoards, keeping wages stagnant for decades. Engaging in multiple incidents of corporate shenanigans, back-dealings, fraudulent accounting.
Illegally reducing payments to dozens of subcontractors.
Punishment from the LDP: We are not going to gift you with these tax breaks coming from the public treasury to boost those "higher wages" that are supposed to be coming from this victory by New capitalism over deflation.
Punishing labor for a matter that should have been addressed by the company's capital hoards long ago as they receive the fruits of their labour.
Pure neo-feudalistic late stage capitalism.
Fighto!
Removing some tax breaks is not really a punishment for wage theft.
A real punishment would have been an order for Nissan to cease trading for 3 months. Really damage the business, and hopefully ensure no repeat of this crime.
BigP
Nissan is “Rotten to its core”.
Any punishment to that company is welcomed.
sakurasuki
As simple, no wage hike then no tax break.
Is that hard to understand?
kurisupisu
Breaking a contract is not a criminal but a civil matter.
Basically the government has punished Nissan before any litigation proceeds to perhaps soften any fallout.
Aly Rustom
Hear hear !
KazukoHarmony
Not only Nissan. Some of Japan’s largest companies are now giving big base-up increases (up to 15%) to its regular employees, but much smaller increases (a few %) to its Muki/Yuki (indefinite / fixed term) employees — extending the wage gap further.
PTownsend
The above is another example of a global corporate giant showing its disregard and disdain for those under its boots, especially those limited in ways to protect and defend themselves.
Small is beautiful.
https://en.wikipedia.org/wiki/Small_Is_Beautiful
BertieWooster
Nissan is on the way out. RIP
TokyoLiving
Good, that's it..
Chuck
Because the company is overrated trash.
WA4TKG
This kind of crap (along with the Ghosen smear campaign) is precisely why I will NEVER buy a Nissan.
I’m not at all surprised, it’s business as USUAL for Nissan.
kohakuebisu
I don't like Nissan, except the GT-R, but they outsell Toyota in the UK. People like em, even if I don't.
Bullying subcontractors to this level is unacceptable and I'm pleased they've been externally sanctioned, not the usual "10% pay cut for the directors for three months" self-imposed crocodile tears.
Aly Rustom
Same here.
Jim
Nissan has never outsold Toyota in the UK and never will! Your claim is totally wrong!
In 2022 Toyota sold 102,181 cars compared to 76,711 for Nissan. In 2023 Toyota sold 109,864 compared to 89,460 for Nissan. I work in the automotive industry and I’m a Brit so I know precise information about this!
OssanAmerica
Nissan was founded in 1933, way before all the Nissan haters here were born. The probability is that it will still be here when they are gone. So D/Vote me but the truth hurts. lol
dagon
And are in no part a beneficiary of their profits unless you are some foreign shareholder. Which their actual workers should be more a part of in full.
There's the pity
WA4TKG
No doubt they’re paying their employees along the same lines as 1933.
Never bought a Nissan (Datsun for all you OG’s out there), never will.
Spitfire
Loved the Nissan GTR and I always thought that Nissan cars were on a par with Toyotas and Hondas.
Would never ever buy one though........like the others have said.......a dirty rotten company.
Jonathan Prin
Same, no buying ever.
Real
Hilarious the number of posters here who are supporting Nissan on this and downvoting people who articulate a distaste for Nissan's actions, despite the fact that Nissan has violated the subcontractor law.
That_Guy
@Jim. I am also a Brit, although I live in Japan and work with data for a living.
Using DVLA new vehicle registration data, Toyota has consistently out performed Nissan since Q1 2019 where 36,500 new Toyotas were registered versus 33,800 Nissans. Prior to this, Nissan indeed held a significant lead over Toyota, although it was in trouble by the start of 2018.
Last quarter recorded was q3, 2023, where 38,923 Toyotas registered for the first time, versus 27,662 Nissans.
Source is Data Vehicle Licencing Statistics on gov.uk, file reference df_VEH0160_UK. I excluded Infinity and Lexus brands as Infinity was discontinued and would only push Toyota's lead further (and perhaps unfairly given target markets).