You can retire at 80 if you work for Japanese company Nojima

74-year-old store clerk Tadashi Sato works at the electronics retailer Nojima's store in Fujisawa, Japan. Photos: REUTERS/Jack Tarrant

At Japanese electronics retailer Nojima's sales outlet in Fujisawa, south of Tokyo, Tadashi Sato, 72, is defining a work culture that could soon become commonplace in a country with a fast-ageing and shrinking population.

"I think it's wonderful," Sato said when asked about the new policy at Nojima, which in a rare move for a major Japanese company, made it an official policy last month to let its workers stay until they turn 80.