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Yahoo Japan, a subsidiary of SoftBank Group Corp.'s Z Holdings, will allow its employees to work from anywhere in Japan as of 1 April. The company will even pay for flight tickets should there be the need to attend a meeting. A policy that will hopefully convince more Japanese companies to loosen the reins.
www.japantimes.co.jp
Yahoo is setting a commuting budget of ¥150,000 ($1,300) per month per worker and lifting its previous daily cap. In-person communication will still be encouraged as the initiative is also aimed at bolstering morale and well-being, with social gatherings to be subsidized by ¥5,000 per employee a month. The company has had an "office anywhere" remote work system in place since 2014, however it had capped the number of work-from-home days before the virus took hold to five days a month. Japanese companies have responded to the pandemic by embracing flexible work arrangements, which were rare before 2020 in a culture that once prided itself on direct interaction in the office and long working hours. Panasonic Corp. last week unveiled plans for a four-day workweek, an initiative Mizuho Financial Group Inc. already has under way.

Yahoo tells Japan employees they can work anywhere and commute by plane when necessary
According to President Kentaro Kawabe, 90% of the company’s employees are now working remotely, and their performance has held steady or improved at home.