Amid a nationwide trend of retail closures, Japan s department store sector has achieved record profits, particularly bolstered by the influx of foreign tourists, fueled by a favorable exchange rate.
Japan s foreign workforce has grown to about 2 million people, an increase of approximately 220,000 from the previous year. However, the weak yen means living conditions have become less favorable, sparking fear among Japanese business leaders that Japan may become an unattractive destination for foreign workers.