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Boost
productivity

  • A: Productivity Revolution
  • Reform our work-style
  • Providing grounds to drive
    innovation and to realize Society 5.0
  • B: Human Resource Development Revolution
  • Develop human resources to create an inclusive society
  • Embrace diversity

A: Productivity Revolution

Increasing productivity through work-style reform is the biggest challenge we need to tackle.
In addition, it is crucial to take full advantage of the innovations created through the fourth industrial revolution such as Internet of Things, big data, AI and robotics. Applying these innovations to all across various industries and in all aspects of daily life, will surely increase productivity and generate new demand. Such a society is referred to as “Society 5.01”, and realization of this society will dramatically transform our productivity.

Productivity Revolution
  • 1Society 5.0 is the fifth chapter after the four major stages of human development:
    (1) hunter-gatherer, (2) agricultural, (3) industrial and (4) information.

Reform our work-style

REFORMS TO THE EMPLOYMENT SYSTEM

REFORMS TO THE EMPLOYMENT SYSTEM

  • Legislative rules and guidelines of “equal pay for equal work”: Eliminate the irrational gaps in the working conditions between regular and non-regular workers in order to enable non-regular workers to be fairly evaluated and to work with higher motivation
  • Promote flexible work style: Promote teleworking, side jobs and multiple jobs with a variety of policy measures, including the renewal of guidelines
Reform our work-style

Providing grounds to drive innovation and to realize Society 5.0

  • REGULATORY SANDBOX

    REGULATORY SANDBOX

    Launch a mechanism for carrying out trials freely for new businesses for a certain period of time, without conforming to existing regulations

  • OPEN DATA

    OPEN DATA

    Open up government data to promote innovative products and services, particularly in eight selected areas that include healthcare, agriculture and mobility

  • ECOSYSTEM FOR STARTUPS

    ECOSYSTEM FOR STARTUPS

    Supply the proving grounds for people brimming with a venture spirit by creating an agile environment where startups can continuously create and drive innovation

  • INDUSTRY ACADEMIA COLLABORATION

    INDUSTRY ACADEMIA COLLABORATION

    Set up an operating system in universities to accept private investments, and set up an incentive system to encourage universities to collaborate with the industry

HEALTHCARE

HEALTHCARE

  • Integrate and store personal medical information using big data by 2020 to provide customized medical care
    (e.g.) medical checkup records, treatment records, nursing care records
  • Enhance remote medical care services and face-to-face medical examinations (effective care to be evaluated based on a FY2018 revision of medical service fees)
  • Use AI and robots at long term care facilities to maintain/improve users’ quality of life and reduce care givers’ burden
MOBILITY

MOBILITY

  • Starting with mountainous regions, introduce drone delivery services in urban regions by the 2020s
  • Introduce driverless transportation services in local areas (road tests in more than 10 areas across the country are ongoing, with an aim of commercialization by 2020) to improve rural transportations
    (e.g.) taxis, buses
  • Autonomous truck platoons for mass transportation to address the shortage of truck drivers (road tests on ShinTomei Highway by 2020 and commercialization by 2022)
    (e.g.) single driver cargo truck in a convoy using unmanned-following-vehicle system
FinTech

FinTech

  • Drive FinTech innovation by facilitating experimentation with blockchain technology

    *Technology that allows easier and more secure online transactions by recording transaction histories in chronological order within a chain of encrypted, interlocking blocks. After creation, falsification of any part of the chain is extremely difficult, creating a trusted and secure record of information.

  • Install open application programming interface (API) systems in more than 80 banks by 2020 to further drive innovation

    *An API is a software interface by which an application and other operations provide separate applications with a common function. In software development, a function provided by an API does not require further programming, which makes the process more efficient.

  • Achieve a 40% cashless payment rate by 2027
AND MORE

AND MORE

  • Utilize technologies developed during the fourth industrial revolution and data accumulated through those technologies to overcome labor shortages in areas such as distribution, construction, agriculture, manufacturing and nursing
  • Further promote i-construction, an approach to construction in which every aspect—from research to design, and inspection to maintenance—will be connected through information and communication technology (ICT) by 2019

Realizing Society 5.0Realizing Society 5.0

B: Human Resource Development Revolution

On September 11, 2017, under Prime Minister Abe’s strong initiative as chair, the Council for Designing 100-Year Life Society was launched.
The council will work to secure the opportunity for young people to receive higher education, to enhance the opportunity of recurrent education, to reform universities, to reassess recruiting systems to diversify the workforce, and to create social security for people across all generations.

Boost productivity

Develop human resources to create an inclusive society

Human Resources Development

HUMAN RESOURCES DEVELOPMENT

  • Make higher education effectively free for children from low-income households: Introduce new benefit scholarship programs and expand tuition waiver measures
  • Accelerate the provision of early childhood education for free: Work to provide free pre-school education and childcare for all children between age three and five and also for all children in low-income households from birth to age two
  • Enhance recurrent education and support reemployment: Support relearning by individuals, such as by enabling women who once took child rearing leave, to receive recurrent education for skill improvement and re-employment
  • Advance reform of universities and other higher education institutions curriculum in order to meet the demand for practical education: Address the diverse needs of working professionals and provide education required, such as for IT personnel
Human Resources Development

SOCIAL SYSTEM

SOCIAL SYSTEM

  • Eliminate the wait to enter childcare facilities: Expand the capacity of childcare facilities by 320,000 children by the end of FY2020
  • Secure the caregiving personnel needed to reduce the number of people who leave employment because of caregiving to zero: Improve employment conditions so as to eliminate the gap in wages with other industries
  • Diversify the hiring process: Change the traditional hiring process of simultaneous recruiting of new graduates to a more flexible process to capture greater talent
SOCIAL SYSTEM

Embrace diversity

WOMEN

WOMEN

  • Increase childcare leave benefits from 50% to 67%, applied to the first six months of leave
  • Further encourage recurrent education for women away on maternity leave
  • Provide female candidates with executive leadership training programs from the world’s leading business scholars
  • Through collaboration with the Tokyo Stock Exchange, select and promote enterprises that encourage women’s success in the workplace as “Nadeshiko Brands”
flagAchievements
  • From 2012 to 2016, the number of women joining the workforce increased by about

    1.5million

    Source: Ministry of Internal Affairs and Communications “Labour Force Survey”

  • Women in management positions in the private sector approaches

    10%

    Source: Ministry of Health, Labour and Welfare “Basic Survey on Wage Structure”

SENIORS

SENIORS

  • Provide a choice to extend retirement age for those who want to work, as well as support companies that extend the limit
  • Provide support in matching job openings and applications
flagAchievements
  • Employment rates of people over the age 65 are up by 3%

    71%

    of seniors report that they would like to continue to work past retirement age

    Source: Cabinet Office “Annual Report on the Aging society”

EXPATRIATES

EXPATRIATES

  • Provide incentives and grants for expatriate entrepreneurship in National Strategic Special Zones1
  • Expand job categories for highliy skilled workers, increase admission quotas and extend training periods from three to five years by revising the current Technical Intern Training Program2
  • Increase expatriate housekeeping support workers in National Strategic Special Zones3
flagAchievements
  • The number of workers from abroad exceeded

    1million
    (as of Oct 2016)
    EXPATRIATES

    Source: Ministry of Health Labour and Welfare “Report on the Employment Situations of Foreigners”

  • 1Tokyo, Niigata City, Fukuoka City, Sendai City, Aichi Pref., Hiroshima Pref., Imabari City
  • 2Law will take effect in November 2017
  • 3Tokyo, Kanagawa, Osaka and Hyogo

1

Boost
productivity

  • A: Productivity Revolution
  • Reform our work-style
  • Providing grounds to drive
    innovation and to realize Society 5.0
  • B: Human Resource Development Revolution
  • Develop human resources to create an inclusive society
  • Embrace diversity

ABENOMICS TOP

Boost productivity