That is, it has become a widely acknowledged view that there are things that Japanese firms can achieve only in Japan. I expect that investment behavior that takes such a view into account will become more active. Second, as for labor input, labor market conditions remain tight.
Both manufacturers and nonmanufacturers have been voicing concern recently that they cannot provide sufficient goods or services due to labor shortages. This situation reflects the structural issues surrounding Japan’s labor market – for example, labor shortages, the rigid labor market, and the insufficient job training framework. It is therefore necessary to make efforts to resolve these issues.