TADASHI YANAI

Japan’s prime minister is asking employers to pay workers more. He should make the market do that instead.

The country’s hardest-working corporate founders don’t know when to walk away.

A library devoted to Japanese novelist Haruki Murakami’s writings, scrapbooks and record collection opens next week in Tokyo for research, cultural exchange and a gathering spot for his fans.

Japan's SoftBank Group Corp said Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing, will resign as independent board member at the end of the month after 18 years on the job to focus on his fashion business. A longtime ally and sometime critic of SoftBank founder and CEO Masayoshi Son, the billionaire is one of only three external members of a board filled with SoftBank executives and heads of its portfolio companies. However, experts are critical of SoftBank's governance, saying it has few truly independent voices that can question Son's judgment. "They have low governance standards," said Nicholas Benes of The Board Director Training Institute of Japan, a non-profit focused on corporate governance training. "Almost all the board members gave me a hard time.