Home Latest Stories Homebuilder Shares Dive On Reports Boss Said He'd Punish Vaccinated Workers

Homebuilder Shares Dive On Reports Boss Said He’d Punish Vaccinated Workers


Japanese Homebuilder Said Will Punish Vaccinated Workers. Shares Tanked

Company’s President Shinya Tamaki said he opposed coronavirus vaccines, reports said.

Shares in Japanese homebuilder Tama Home Co. plunged in Tokyo on Wednesday after reports the firm’s president told employees they’d be punished if they got coronavirus vaccines.

Weekly magazine Shukan Bunshun, citing several unidentified workers, reported that President Shinya Tamaki told managers that he opposed coronavirus vaccines. The report said Tamaki warned that people who received the vaccine would die in five years, while internal e-mails told employees of the reported dangers of 5G phones.

Workers who got the vaccine would be told to stay out of the workplace indefinitely, a punishment that would mean they wouldn’t receive pay, the report said.

Shares in Tama Home, one of the country’s largest builders of homes, closed down 10%, the biggest decline in more than three years. Trading volume was over 13 times the average, and company was the biggest decliner on the Topix index, which rose 0.8%.

ajp6fgss

Shares in Tama Home, one of Japan’s largest builders of homes, closed down 10%.

In a statement, the company flatly denied it put pressure on workers not to get vaccines, or threatened to punish staff if they did get inoculated, saying posts online and on Twitter that said otherwise were “completely untrue.”

“The decision to get vaccinated is up to each individual,” the statement said.

Tamaki, 42, became president of the firm in 2018, taking over from his father, founder Yasuhiro Tamaki, now 71. Shares have more than doubled since it was first announced the younger Tamaki would take over.

Vaccinations carried out at workplaces have become a core component of Japan’s Covid-19 response, with more than 4.6 million doses administered through a program to enlist corporations to roll out vaccines. After a delayed start, the country is now operating at one of the fastest paces among Group of Seven nations, although only 22% of the country is fully vaccinated.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

RELATED ARTICLES

Coronavirus: Myths About COVID-19 Vaccines Promptly Addressed: Centre Tells Lok Sabha

<!-- -->Coronavirus: Myths about COVID-19 vaccines were promptly addressed, Centre told Lok Sabha.New Delhi: Certain myths and misinformation surrounding the COVID-19 vaccines, including...

IT Detects Unaccounted Transactions Of Rs 400 Crore After Raids On Tobacco Group

<!-- -->Unaccounted transactions of more than Rs 400 crore have been detected after raids . (Representational)New Delhi: The Income Tax Department has detected...

Philippines Extends Travel Ban To India, Nine Other Countries Till August 15 Amid Delta Threat

<!-- -->The Philippines imposed the travel ban on India initially on April 29 which was extended (File)Manila: The Philippines on Friday extended travel...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Mixing AstraZeneca, Sputnik V Shows No Serious Adverse Effects: Report

<!-- -->Russia's Sputnik V is world's first registered vaccine against coronavirus. (File)Moscow: The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces...

Caught on camera: The princess restoring Raja Ravi Varma’s legacy

The great artist Raja Ravi Varma, who lived and painted over a century ago, created an estimated 2,000 oils on canvas. They are,...

Nokia G20 Review: A Very Basic Budget Smartphone with Android One

The Nokia G20 has a subtle yet practical design, claims to offer a 3-day battery life, and runs on Android 11 software that's...

Delhi Assembly Passes Resolution Seeking Repeal Of Central Farm Laws

<!-- -->Delhi Chief Minister Arvind Kejriwal had earlier called the laws "death warrant" for the farmers.New Delhi: The Delhi Legislative Assembly today passed...

Recent Comments