• Kyodo


Prime Minister Shinzo Abe asked business leaders Tuesday to raise wages in a rare move reflecting the administration’s resolve to accelerate the battle against chronic deflation.

The request was made during talks between the new prime minister and executives of powerful business lobbies, including Hiromasa Yonekura, chairman of Keidanren, which recently suggested at the start of the annual negotiations with labor unions that its member companies will freeze or delay regular wage hikes.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.