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May 04, 2024
 

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SHUNTO

Japan Times
JAPAN
Jan 29, 2016
Rengo to focus on monthly pay in wage-hike talks, not annual income
This year's shunto spring wage talks should focus on raising monthly pay rather than annual pay, Rikio Kozu, president of the Japanese Trade Union Confederation (Rengo), said in an interview Thursday.
Japan Times
BUSINESS / Economy
Mar 12, 2014
Key firms agree to hike pay scales
Many major firms notified their labor unions Wednesday that they will raise pay scales to conclude this year's spring wage negotiations, responding to strong calls from the administration of Prime Minister Shinzo Abe to help end long-standing deflation.
BUSINESS / JAPANESE PERSPECTIVES
Feb 22, 2014
Return of shunto is hollow triumph for unions
Shunto is in full swing. Or so it should be. Or so they say. Shunto is the Japanese word for the annual spring round of wage negotiations conducted between big business and trade unions. This "spring offensive" used to feature large in the annual economic calendar. As the deflationary 1990s and beyond set in, this offensive became an offensive no more. Faced with the prospect of corporate bankruptcies and accompanying job losses, labor unions rapidly lost their teeth.
BUSINESS
Jan 28, 2014
Unions to demand robust pay rises
Unions are adopting robust demands for this spring's annual "shunto" wage talks, with those of Toyota Motor Corp. considering an average ¥2.3 million annual bonus and the electronics industry its first basic pay hike in five years.
EDITORIALS
Nov 5, 2013
Real effect of wage increases
Despite signs that Japan Inc. may be ready to accept the prime minister's call to raise wages next spring, it's questionable whether the hikes would offest higher prices and taxes.
EDITORIALS
Mar 18, 2013
Time for base wage increases
For the first time since the 2008 failure of Lehman Brothers triggered the financial crisis, the wage situation for Japanese workers has brightened.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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