• Kyodo News

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Bonuses at major companies averaged ¥889,064 this winter, down 0.36 percent from last year and posting the first fall in six years, the Japan Business Federation (Nippon Keidanren) said.

Bonuses were cut at many firms where labor unions and management held negotiations after the fall, when signs of economic deceleration and falls in corporate earnings became conspicuous amid the U.S. financial turmoil, according to the nation’s most influential big-business group.

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