ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Travel & Leisure

Japan's H.I.S. pays staff 100,000 yen coronavirus bonus to lift morale

Travel group thanks employees for navigating rough times

Travel group H.I.S., a household name for Japanese going abroad, is rewarding employees even as it retracts its earnings guidance.

TOKYO -- Japanese travel agency H.I.S. said Wednesday that it will give a bonus of up to 100,000 yen ($930) to its workers to help them through the coronavirus pandemic.

"We want to thank our employees who have been helping customers amid the coronavirus, or who have agreed to take some time off," a company spokesperson. "We also want to increase motivation."

The pandemic has squeezed H.I.S., a household name for Japanese traveling overseas. Shares in the Tokyo-listed company fell as much as 9% on June 25 after it retracted its earnings guidance for the fiscal year ending in October.

"Amid fears of a second wave [of coronavirus], any prospect of a recovery in overseas travel has receded," said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities in Tokyo.

About 6,000 full-time and temporary H.I.S. employees will qualify for the reward, which will accompany their pay for late July.

The exact amount will differ for each worker based on seniority and other factors.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more