| Adopted at the
First Productivity Liaison Conference, May 20, 1955 |
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| 1.
Expansion of employment |
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| In the long term,
improving productivity should lead to expanding employment.
However, from the standpoint of national economy, a public-private
partnership is essential in formulating valid policies to
prevent the unemployment of surplus personnel through job
relocation or other measures. |
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| 2.
Cooperation between labor and management |
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| Labor and management
must cooperate in researching and discussing specific methods
to improve productivity in consideration of specific corporate
circumstances. |
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| 3.
Fair distribution of the fruits of productivity |
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| The fruits of
productivity should be distributed fairly among labor, management,
and consumers in line with the state of national economy. |
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