Tag - wages

 
 

WAGES

The average salary for men was ¥5.87 million, up 3.2%, and that of women was ¥3.33 million, up 5.5%, both marking record highs.
BUSINESS
Sep 27, 2025
Japan private-sector pay hits record in 2024
The average grew for the fourth consecutive year. The pace of increase exceeded 3% for the first time in 33 years.
Rengo President Tomoko Yoshino at a symposium in Tokyo on Friday
BUSINESS
Sep 20, 2025
Japan's top union group advised to seek 5% pay hike during spring talks
An expert panel report stressed that the 2026 shunto will be a crucial opportunity to firmly establish a healthy cycle of rising wages and prices.
Takaya Awata, president of Toridoll Holdings, speaks at a news conference in Tokyo on Wednesday.
BUSINESS / Companies
Sep 18, 2025
Marugame Seimen noodle restaurant managers to see raise of up to ¥20 million
Eatery chain operator Toridoll Holdings' president also indicated the company may extend the plan to other restaurant chains in the group.
The average summer bonus for employees of major companies in Japan has now increased for the fourth year in a row.
BUSINESS / Companies
Sep 14, 2025
Summer bonuses at major Japan firms hit record
The shipbuilding, retail and finance sectors all posted significant jumps, while both the steel and service industries saw an overall decline.
Elon Musk attends the opening ceremony of the new Tesla Gigafactory in Gruenheide, Germany, in March 2022.
BUSINESS
Sep 5, 2025
Tesla offers unprecedented $1 trillion pay package to Musk
The long-awaited proposal, designed to incentivize Musk to lead Tesla for years to come, sets a series of ambitious benchmarks he must meet to earn the full payout.
Minimum hourly wages in Japan's 47 prefectures are set to average ¥1,121, up by a record ¥66 from the previous year.
BUSINESS / Economy
Sep 5, 2025
Japan to hike minimum wage by record amount, backing BOJ’s rate hikes
A record 6.3% increase takes the minimum wage to an average of ¥1,121 per hour across the country's 47 prefectures, the largest increase since 1978.
Japan's nominal wages increased 4.1% in July from a year earlier, marking the steepest increase since December.
BUSINESS / Economy
Sep 5, 2025
Japan's wages make biggest gain in seven months, backing case for rate hike
Real wages also rose for the first time this year in July, edging up by 0.5%.
Rengo is mulling over a third term for its president, Tomoko Yoshino.
JAPAN / Politics
Sep 4, 2025
Rengo considering third term for leader Tomoko Yoshino
Yoshino's second two-year term as president of the Japanese Trade Union Confederation is set to end in October.
The Finance Ministry building in Tokyo's Kasumigaseki district
BUSINESS
Sep 4, 2025
Government agencies' fiscal 2026 budget requests hit record
The total requested amount rose sharply from ¥117.6 trillion in the previous year to ¥122.4 trillion.
Bank of Japan rate hikes may continue though trade uncertainties remain, board member Junko Nakagawa says.
BUSINESS / Economy
Aug 28, 2025
BOJ board member reaffirms stance on raising interest rates
Junko Nakagawa's remarks indicate there’s at most a low chance of a move coming at the board's next meeting, which concludes on Sept. 19, as of now.
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
BUSINESS / Economy
Aug 25, 2025
Japanese prefectures break with labor ministry on minimum wage
Many prefectures are choosing increases higher than the 6% suggested by the ministry.
Bank of Japan Gov. Kazuo Ueda (second from left) walks with Fed Chair Jerome Powell (left), European Central Bank President Christine Lagarde (second from right) and Bank of England Gov. Andrew Bailey outside the Fed’s Jackson Hole Economic Policy Symposium on Friday.
BUSINESS / Economy
Aug 24, 2025
BOJ's Ueda expects tight labor market to keep upward pressure on wages
The remarks are likely to support growing speculation of another interest rate hike this year, although the BOJ governor didn’t directly discuss monetary policy in a presentation.
Giants special advisor to baseball operations Dusty Baker looks on before the game against the Washington Nationals at Oracle Park in San Francisco on Aug. 8.
BASEBALL / MLB
Aug 22, 2025
MLB greats warn lockout or strike would derail sport's momentum
The current collective bargaining agreement between MLB and the MLB Players Association expires next year.
Kazuto Uchida, president of the Government Pension Investment Fund, speaks during an interview in Tokyo on July 23.
BUSINESS / Companies
Aug 12, 2025
Japan’s Government Pension Investment Fund is hiring amid ballooning assets
GPIF has an unusually small headcount despite being one of the world’s largest retirement funds.
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
BUSINESS / Companies
Aug 8, 2025
Summer bonuses at major Japan firms hit record
The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers.
The National Personnel Authority recommended Thursday a 3.62% increase in average monthly base pay for public employees in the current fiscal year.
BUSINESS
Aug 7, 2025
Japan’s public workers set to get largest pay hike in 34 years
The rise in wages will come as a welcome development for policymakers at the Bank of Japan, who are seeking broad-based and lasting growth to support stable inflation.
The average wage hike rate among major Japanese firms this year hit 5% for the second straight year.
BUSINESS / Companies
Aug 7, 2025
Major Japan firms set record with pay hikes above 5% for second year
This year's average raise of 5.39% was the second biggest since comparable data became available in 1976.
Nominal wages in Japan rose 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 6, 2025
Japan’s nominal pay rises faster in June, backing case for BOJ rate hike
Nominal wages increased 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month and marking the steepest increase since February.
Amid rising prices for food and other items, a government panel has proposed a record hike in the average minimum wage.
BUSINESS / Economy
Aug 5, 2025
Amid inflation, Japanese government panel proposes record ¥63 minimum wage hike
The recommendation by the panel, which advises the labor minister, would raise the average minimum wage to ¥1,118 per hour.
Medium-sized securities firms are raising their starting salaries in line with their bigger domestic competitors Nomura and Daiwa Securities.
BUSINESS / Companies
Aug 4, 2025
Nomura’s starting pay matched by Japanese rivals to retain staff
Medium-sized securities firms are raising their starting salaries in line with their bigger domestic competitors Nomura and Daiwa Securities.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?