Tag - shunto



Nippon Steel's Kashima plant in Kamisu, Ibaraki Prefecture. The average wage hike in the steel industry stood at 12.04% this year, far exceeding last year's 2.77%.
BUSINESS / Companies
May 21, 2024
Major Japanese companies agree to raise pay by 5.58%
The result far exceeded last year's rise of 3.91%, or ¥13,110, and topped 4% for the first time since 1992.
The results of wage negotiations between companies and labor unions are written on a whiteboard at the office of the Japan Council of Metalworkers' Unions in Tokyo on Wednesday.
BUSINESS / Companies
Mar 15, 2024
Japan’s labor unions win big pay raises for members
The preliminary figure for the average hike stands at a 33-year high of 5.28%, according to Japan’s largest labor organization.
Results of spring wage negotiations are written on a board at an office of the Japan Council of Metalworkers' Unions in Tokyo's Chuo Ward on Wednesday.
BUSINESS / Economy
Mar 13, 2024
Major Japanese firms offering solid pay hikes for second year running
Several companies met or even exceeded labor union demands, raising the possibility the Bank of Japan will adjust monetary policy soon.
Zensho Holdings, the operator of Sukiya and other restaurant chains, will raise salaries of regular employees by 12.2% on average.
BUSINESS / Economy
Mar 12, 2024
Japan firms across sectors offer pay hikes of up to 12% in spring talks
Early wage deals with unions reflect a recovery in earnings from the worst of the COVID-19 pandemic as well as a sense of crisis over labor shortages.
A representative from Honda's labor union submits a demand for spring negotiations to management last month in Tokyo.
BUSINESS / Economy
Mar 8, 2024
Japan Inc. set to offer bumper pay hikes, paving way for stimulus end
Economists see negotiations resulting in an average increase of around 3.9% in pay for union workers at major firms.
The average demanded wage increase, including pay-scale hikes and regular raises, stood at ¥17,606 as of Monday, up ¥4,268 from around the same time last year.
Mar 7, 2024
Japan's average pay hike demands top 5% for first time in 30 years
It is the first time in 30 years for the average to exceed 5%, compared with past final survey results.
Japan's unemployment rate fell to 2.4% in January from 2.5% in the previous month, with economists suggesting that the current recession is making firms hesitant to increase job postings.
BUSINESS / Economy
Mar 1, 2024
Japan’s tight labor market to keep upward pressure on wages
The unemployment rate fell to 2.4% from a revised 2.5% a month earlier, the internal affairs ministry reported Friday.
Rengo chief Tomoko Yoshino speaks at a forum in Tokyo on Wednesday.
BUSINESS / Companies
Jan 29, 2024
Pay hikes at small firms in focus at Japan’s spring wage negotiations
The decisions of such companies will play a big role in determining whether Japan can achieve a healthy wage-price cycle.
Toyota's main Tokyo office on Wednesday
BUSINESS / Companies
Jan 26, 2024
Toyota union to demand record 2024 bonuses: report
With Toyota saying it expects to post record consolidated operating profits this financial year, the union is also likely to demand high pay hikes.
Leaders of Keidanren and labor unions officially started annual spring wage negotiations on Wednesday.
Jan 24, 2024
Japanese firms and unions kick off wage talks as markets bet on bigger pay hikes
Japan's big firms are expected to offer their unions wage hikes of 3.85% on average this year, the highest wage increase in 31 years.
At stake in this year's spring negotiations between trade unions and large Japanese firms, analysts say, is whether wages will rise far enough to ignite the sustainable inflation that policymakers consider a prerequisite for ending negative interest rates.
Jan 16, 2024
Japan's top business lobby calls for worker pay raises above inflation
The call sets the tone for annual wage talks that may pave the way for the Bank of Japan to exit its ultraeasy monetary policy.
Keidanren Chairman Masakazu Tokura at a news conference in Tokyo on Oct. 25. In September, the head of the business lobby group expressed the expectation that pay hikes exceeding 4% will be seen next year.
Nov 6, 2023
Japan's main business lobby to press firms for over 4% wage hikes
The average pay hike at major member firms this year stood at 3.99%, the highest in 31 years.
Japan Times
Apr 5, 2023
Japan unions win biggest pay hikes in 30 years, interim tally shows
Labor unions won their biggest pay hikes in 30 years in the 2023 negotiations, Rengo said Wednesday.
Japan Times
Mar 18, 2023
BOJ’s path in focus after Japan labor unions win big pay raises
The results were above economist expectations and follow the BOJ governor's comments that suggested sustained pay hikes of 3% are needed for the bank to normalize its massive easing policy.
Japan Times
BUSINESS / Economy
Mar 15, 2023
Major Japanese firms agree to hefty wage hikes amid rising prices
Policymakers, economists and employees are closely watching this year’s wage talks to see whether momentum toward higher pay is finally gaining force.
Japan Times
Mar 15, 2023
Why Japan's spring wage talks are a big deal this year
Every March, management of major Japanese firms meet with unions for wage talks across industries that set the tone for employees' pay in the new fiscal year.
Japan Times
Mar 4, 2023
Average pay hike demanded by unions in Japan tops 4%
Companies are apparently 'moving to invest in human resources' against a backdrop of rising prices and labor shortages, Rengo President Tomoko Yoshino said.
Japan Times
Mar 2, 2023
After years of sluggish growth, are wage hikes finally gaining steam in Japan?
While bigger firms have been more inclined to raise pay amid high inflation and a labor shortage, whether or not this trend spreads to smaller companies is being closely watched.
Japan Times
Feb 22, 2023
Investors watch Japan’s spring wage talks for clues on BOJ moves
This year, the outcome of annual wage negotiations matters to bond investors, stock traders and anyone, really, with anything at stake in the country.
Japan Times
BUSINESS / Companies
Feb 22, 2023
Toyota agrees to biggest wage hikes in 20 years as momentum builds on raises
Wages have taken center stage in Japan, with the Bank of Japan having indicated that it must see stronger wage growth to ensure that the trend in prices is sustainable.


Several support networks have launched to help startup founders in Japan whose native language isn't Japanese.
As Japan's startup ecosystem grows, so does a supportive community of entrepreneurs