According to Nippon, the Cabinet Office’s Annual Report on the Japanese Economy and Public Finance 2019 produced data that showed a third of companies in the agency’s survey have already introduced hiring systems that are very likely to grant better employment opportunities to fresh graduates.
Traditionally, Japanese companies hire new graduates during the spring season, when their school year ends. However, there is a new shift towards year-round hiring systems, providing greater opportunities for fresh graduates to pursue careers. Nippon estimates that over half of all companies will move to a year-round system.
This culture shift is a result of companies fear of stagnation, and their need to increasingly diversify personnel in hopes of developing groundbreaking products and services.