In certain spots, yes. Vulnerable industries like semiconductors, IT vendors, and household electronics look like they are in trouble.
However, that has meant that students flock to industries where said lifetime employment is still a rock. The #1 destination is Import-export trade companies (Mitsubishi Shouji being the top dog there), followed by ad agencies Dentsu and Hakuhodou, then super high quality industrial companies such as Toyota, Mitsubishi Heavy Industries, Utilities, etc.
However, that has meant that students flock to industries where said lifetime employment is still a rock. The #1 destination is Import-export trade companies (Mitsubishi Shouji being the top dog there), followed by ad agencies Dentsu and Hakuhodou, then super high quality industrial companies such as Toyota, Mitsubishi Heavy Industries, Utilities, etc.