Jan 19, 2016

Keidanren seeking annual wage increases at 2016 negotiations

Keidanren is calling on member companies to consider annual income growth for workers as the 2016 wage talks between management and employees get under way. Company managers do not need to stick to pay-scale hikes, according to Keidanren’s guidance for corporate executives, released Tuesday. ...

Dec 24, 2015

Abe, BOJ urge higher wages; businesses unconvinced

Prime Minister Shinzo Abe and Bank of Japan Gov. Haruhiko Kuroda on Thursday applied fresh pressure on companies to do their part in putting a sustained end to deflation by boosting wages and investment. But the head of the nation’s biggest business lobby offered ...

Jan 16, 2015

Toyota labor unions to demand minimum ¥6,000 pay hike

The federation of labor unions at Toyota Motor Corp. said Friday it plans to make a unified demand for a pay-scale hike of at least ¥6,000 per month during the spring wage talks this year. It will be the Federation of All Toyota Workers’ ...

Abe, business heads, labor unions agree on efforts for wage growth

Dec 16, 2014

Abe, business heads, labor unions agree on efforts for wage growth

Prime Minister Shinzo Abe’s administration crafted a joint statement Tuesday with leaders of business organizations and labor unions, aiming to bolster the economy through wage growth. At a trilateral meeting, Abe also urged large manufacturers, which have benefited from the yen’s slide, to trade ...

Mar 21, 2014

Wage hike key to Japan's economic growth, IMF says

Wage growth, mainly among smaller businesses and for nonregular workers, is an essential element for Japan’s economic growth, the International Monetary Fund said in a research report. “Higher inflation without higher incomes can hardly be characterized as a successful reform,” the IMF said Thursday, ...

Feb 5, 2014

Biz chiefs, unions start payroll talks

Base pay is the focus of this year’s “shunto” spring wage negotiations, as managers and labor leaders met Wednesday. The Japanese Trade Union Confederation, or Rengo, is demanding a 1 percent or more hike in base pay to help the nation beat deflation. Meanwhile, ...

Workers stumble while 'Abenomics' soars

Feb 3, 2014

Workers stumble while 'Abenomics' soars


Japanese stocks and profits are soaring under Prime Minister Shinzo Abe’s push to revive the economy. Even shop prices are up, a key step after years of deflation kept pocketbooks shut tight. None of that matters to Shuzo Matsui.

Jan 9, 2014

Automobile labor union confederation to demand basic wage hike

The Confederation of Japan Automobile Workers’ Unions said Thursday it will request a basic wage hike at the annual labor-management wage talks this spring. But the labor group, with a membership of around 762,000, did not set a unified numerical target for increased wages, ...