Economy of Japan employment system to drive higher wages, on top of monetary and fiscal stimulus. Shinzo Abe has encouraged firms to raise wages by at least three percent annually (the inflation target plus average productivity growth). Shareholder activism is rare despite the fact that the corporate law gives shareholders strong powers over managers. Under Prime Minister Shinzō Abe, corporate governance reform has been a key initiative to encourage economic growth. In 2012 around 40% of leading Japanese companies had any independent directors while in 2016 most all have begun to appoint independent directors. The government's liabilities include the second largest public debt
2012 Japan Championships in Athletics 2012 Japan Championships in Athletics The were held at Nagai Stadium in Osaka. Organised by JAAF, the three-day competition took place from June 8–10 and served as the national championships in track and field for the Japan. The competition was for the qualifying trial for the Japan team at the 2012 Summer Olympics. During the competition, 2 new national records and 4 new championship records were set in the events. Two women athletes, Tomomi Abiko set a new Japanese record in the pole vault, and Yuki Ebihara broke her own national record in the javelin. Koji Murofushi won the hummer