Summer bonuses fall for first time in five years

Aug 3, 2017

Summer bonuses fall for first time in five years

Summer bonuses at major Japanese companies fell for the first time in five years this year, according to a final tally by the Japanese Business Federation (Keidanren). The average bonus fell 2.98 percent from a year earlier to ¥878,172, the first drop since 2012, after ...

Japan Inc. warily welcomes new economic dialogue with U.S.

Apr 19, 2017

Japan Inc. warily welcomes new economic dialogue with U.S.

Japanese companies are hoping the new Japan-U.S. economic dialogue will help them expand investment in the United States while bracing for tough demands from the administration of U.S. President Donald Trump. The dialogue is expected to "become a foundation for strengthening the two countries' economic ...

/ Feb 1, 2017

Keidanren seeks higher pay on annual basis

Japanese companies should consider ways to raise employee pay on an annual basis in this year's shunto spring labor-management wage talks, Yasumi Kudo, vice chairman of the Japan Business Federation, or Keidanren, said. "It's natural for companies with strong earnings to conduct wage hikes, mainly ...

Jan 23, 2017

Keidanren chief urges member firms to hike pay as spring wage talks kick off

Sadayuki Sakakibara, chairman of the Japan Business Federation (Keidanren), urged member companies Monday to increase pay on an annual basis, including bonuses and allowances, as part of this year's spring wage negotiations, known as shunto. Following the 2015 Christmas Day overwork-related suicide of a 24-year-old ...