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July 27, 2024
 

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WAGES

Japan Times
JAPAN / Media / MEDIA MIX
Dec 13, 2014
Fight or flight: Narita's history of conflict
The recent increase in international flights in and out of Haneda Airport has clearly pleased Tokyo residents, who, since the late 1970s, have had to trek out to Narita International Airport in Chiba Prefecture when they wanted to go overseas.
BUSINESS / Economy
Dec 2, 2014
Inflation-adjusted wages continue falling
Wages for salaried workers adjusted for inflation dropped 2.8 percent in October, marking the 16th consecutive month of decline, government data showed Tuesday.
Japan Times
BUSINESS / Economy
Nov 25, 2014
BOJ chief watching impact of falling yen after additional easing
Bank of Japan Gov. Haruhiko Kuroda said Tuesday the central bank is closely watching the impact of the yen's sharp fall against other major currencies following the bank's additional monetary easing announced last month.
BUSINESS / Economy
Nov 7, 2014
U.S. jobless claims, wages data point to tightening market
The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions.
BUSINESS / Economy
Sep 2, 2014
Average monthly wage rises by more than 2% first time in decade
Average monthly pay, including bonuses, rose 2.6 percent in July to ¥369,846 from a year earlier, marking a rise of 2 percent or more for the first time in a decade, the labor ministry said Tuesday.
BUSINESS / Economy
Aug 20, 2014
Skepticism over Abe's inflation goal grows as price gauge retreats
Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth.
Japan Times
BUSINESS / Economy
Jul 31, 2014
June wages in Japan rose less than forecast in risk to spending
Wage growth slowed in June, highlighting the risk to consumer spending as inflation squeezes household budgets.
JAPAN / Society
Jul 11, 2014
Japanese firms near crisis point as labor shortage deepens
Japan's labour shortage is nearing crisis in some key industries as it spreads from construction to services, curbing companies' operations, pushing up wages and potentially crimping a tentative recovery in the world's third-largest economy.
BUSINESS / Economy
Jul 2, 2014
More small and midsize firms raising basic pay
Twenty-nine percent of small and medium-size enterprises have raised basic pay this business year, up from 11.4 percent last year, the government said Wednesday.
Japan Times
BUSINESS / Companies
Mar 27, 2014
SMBC ups pay for first time in 19 years
Sumitomo Mitsui Financial Group Inc.'s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan's second-largest bank by market value.
Japan Times
BUSINESS / Companies
Mar 4, 2014
Panasonic employees' pay scales to be raised
Panasonic Corp. is planning to raise the pay scale for its employees at this spring's labor-management wage talks for the first time since 2008, sources said Tuesday.
BUSINESS / Companies
Mar 4, 2014
Union cites 'big gap' with Toyota in wage negotiations
Toyota Motor Corp. and its workers' union are far apart over wages and bonuses, the labor group's chairman said Tuesday.
BUSINESS
Mar 4, 2014
Base salaries up for first time in 22 months in January
Salaries increased for the first time in nearly two years in January as companies boosted pay for part-timers, aiding Prime Minister Shinzo Abe's effort to end 15 years of 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...
BUSINESS
Feb 20, 2014
Toyota regards union demand for wage increase as 'surprisingly high'
Toyota Motor Corp., the nation's largest manufacturer and employer, says the wage increases labor unions have demanded going into annual negotiations this year are "surprisingly high."
BUSINESS / Economy
Feb 18, 2014
Mitsubishi Motors workers in line for raise
Mitsubishi Motors Corp. President Osamu Masuko says the automaker is considering raising employees' pay and also resuming dividend payments for the first time in over 16 years in fiscal 2013, reflecting its recovery from a decade of slumping sales.
EDITORIALS
Feb 9, 2014
Wages of an economic upturn
Indications are that Japan may finally be on its way out of deflation, but prices are rising faster than workers' wages and the consumption tax hike in April will add to the burden on households.
BUSINESS
Feb 5, 2014
Monthly wage stayed at record low level in 2013
The average monthly wage, including bonuses, came to ¥314,150 in 2013, a record low for the second straight year, the labor ministry said in a preliminary report Wednesday.
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.
BUSINESS
Jan 7, 2014
Business leaders call on firms to hike pay
In line with Prime Minister Shinzo Abe's campaign to break the grip of deflation through aggressive economic policies, business leaders on Tuesday called on companies to hike wages.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
Yen rally could help end crushing wage decay in Japan
Some economists say a sticky weak yen trend would have a negative impact on Japan's real wage growth.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Terunofuji, as he tends to do, returns to stamp his authority on sumo pretenders
Terunofuji (left) throws down Kirishima on Tuesday to build on his perfect record at the Nagoya Grand Sumo Tournament.
Japanese startups advised to internationalize to get some global mojo
Entrepreneurs who participated in the Beyond Japan Zero to X program last year share their experiences in the United States during a meeting in May in Tokyo.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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