Japanese firms cautious about new-grad hires on unclear virus impact

Large Japanese companies are cautious about hiring new graduates in the 2021 business year, as the full impact of the coronavirus pandemic on the global economy remains unclear, a Kyodo News survey showed Saturday.According to a survey on 111 companies, including Toyota Motor Corp. and Sony Corp., 29 companies, or 26 percent of the total, said they are expected to cut back on hiring of new graduates in the year starting next April, rising from 16 percent in last year's poll on fiscal 2020 hiring.Only 10 firms, or 9 percent, said they are planning to increase hiring of new graduates, droppin…READ FULL ARTICLE