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Nobuko Kobayashi interviewed by Bloomberg Daybreak Asia

In “Japan's Labor Shortage Is Quite Serious, EY-Parthenon Says,” Bloomberg Daybreak Asia discusses Japan’s economy.

EY-Parthenon Partner Nobuko Kobayashi explores the government's plan to raise the consumption tax and monetary policy.

Nobuko also highlights the seriousness of the labor shortage in the country, particularly in retail. She notes the role of the “aging, diminishing population” in the shortage, and questions the “viability and sustainably of the retail practices” currently expected by consumers.

Watch the segment.