Mitsubishi Heavy, Nippon Steel say they respect gov't wartime labor view

Mitsubishi Heavy Industries Ltd. and Nippon Steel Corp. said Monday they respect the Japanese government's view that a wartime compensation dispute with South Korea has already been resolved in a 1965 agreement after Seoul announced a plan to settle the issue.South Korea said a government-backed foundation will pay compensation to Korean plaintiffs who sued the two companies alleging forced labor during World War II instead of requiring the two Japanese firms to do so as ordered by South Korean court rulings.In its rulings in 2018, South Korea's Supreme Court ordered the companies to pay da…READ FULL ARTICLE