Tag - shunto

 
 

SHUNTO

A survey of 12,817 companies by Shinkin Central Bank Research Institute found that only 51% committed to base wage hikes, the think tank announced on Thursday.
BUSINESS
Mar 27, 2025
Japan’s wage growth isn’t as rosy as Rengo’s data indicate
The broader picture for pay trends may not be as rosy as the union group expects, according to one think tank.
Wages are set for another big increase this year as annual negotiations secure generous agreements.
BUSINESS / Economy
Mar 21, 2025
Japanese wages likely to rise more than 5% again this year
The average wage increase is key for the central bank, which is counting on steady raises as it ends a decadeslong experiment in ultraloose monetary policy.
A worker keeps a tally of wages Wednesday in Tokyo at the head office of UA Zensen, Japan's largest industrial trade union that represents workers mostly at small and medium-sized firms.
BUSINESS / Companies
Mar 14, 2025
Japan’s unions win largest pay hike in more than three decades
Some 760 affiliated unions under the trade union federation Rengo have so far secured an average pay gain of 5.46% in ongoing annual wage negotiations.
An official from the Japan Council of Metalworkers' Unions writes down the results of this year's "shuntō" annual spring labor negotiations on Wednesday.
BUSINESS / Companies
Mar 12, 2025
Major Japanese companies agree to solid pay and bonus hikes
Toyota, Mitsubishi Heavy Industries, Hitachi, Fujitsu and NEC are among companies that say they have agreed to their respective labor unions' demands.
The weighted average of wage hikes demanded by 2,939 member unions of the Japanese Trade Union Confederation, or Rengo, in this year's shuntō labor-management negotiations came to 6.09%, a Rengo survey showed Thursday.
BUSINESS
Mar 6, 2025
Japan pay hike demands top 6% for first time in 32 years
It is the first time in 32 years for the average wage hike request to exceed 6%, amid the soaring cost of living and labor shortages.
According to a tally released on Thursday, some 1,416 labor unions under the umbrella of the Japan Council of Metalworkers’ Union requested a monthly base salary gain of ¥14,149 ($94.84) on average in talks expected to culminate with a deal next month.
BUSINESS / Companies
Feb 27, 2025
Japan's metalworker unions demand record pay hike
The demand by Japan Council of Metalworkers’ Union is an early sign of continued momentum for pay growth in the country.
This is the 12th straight year that labor unions of major electronics firms have demanded pay scale hikes.
BUSINESS
Feb 13, 2025
Japan electronics unions demand wage hike of ¥17,000
The focus is on whether employers will agree to raise pay significantly as in recent years to ensure that wages rise faster than prices.
Labor unions at major Japanese automakers submitted their wage hike requests on Wednesday, but it is uncertain whether the strong pay hike momentum seen in last year's labor-management talks can be maintained.
BUSINESS
Feb 12, 2025
Japanese auto unions submit wage hike demands
Negotiations are expected to intensify toward March 12, when many major companies will give their answers to their labor unions.
Spring negotiations in 2024 resulted in salaries rising by over 5% on a whole, but hikes at small and midsized companies, which account for some 70% of Japan's employment, were far lower than the average.
BUSINESS
Jan 31, 2025
Japan's spring wage talks begin with labor-management forum
Rengo, the umbrella organization for labor unions, is seeking an overall wage hike of at least 5%.
"We will demand more than in the previous year to fulfill our role as a leading industry in Japan," Masashi Jinbo, head of the union, said in a news conference in Tokyo's Chiyoda Ward on Thursday.
BUSINESS / Companies
Jan 23, 2025
Japan's electronics unions to seek ¥17,000 pay hike
"We will demand more than in the previous year to fulfill our role as a leading industry in Japan," union group head Masashi Jinbo told a news conference.
Tetsuji Ohashi, chairman of the Special Committee on Management and Labor Policy, holds a news conference after announcing the guidelines for 2025 spring wage negotiations.
BUSINESS / Companies
Jan 21, 2025
Keidanren urges member companies to consider pay scale hikes
Keidanren vowed to make every effort for the continuation of wage increases to cope with rising prices.
Amid severe labor shortages, the Japan Federation of Service and Tourism Industries Workers' Unions will emphasize the importance of improving working conditions to realize a medium-term annual salary target of ¥5.5 million for industry workers age 35.
BUSINESS / Companies
Jan 21, 2025
Service and tourism workers to seek 6% pay hike in wage talks
The Japan Federation of Service and Tourism Industries Workers' Unions hopes to secure a medium-term annual salary target of ¥5.5 million for industry workers age 35.
An employee at an auto parts maker in Ota, Gunma Prefecture. The automotive industries, which give fewer days off than other sectors do, are falling behind in the recruitment of new workers.
BUSINESS
Jan 19, 2025
Japan auto unions aiming to get five more days off in 2025
The number of nonworking days in the automotive industries has not increased in recent years and lags behind other sectors.
The average figure of winter bonuses agreed on by labor unions and employers stood 4.93% higher than a year earlier.
BUSINESS / Companies
Jan 17, 2025
Major Japanese firms pay record winter bonuses
The average went up year on year in 18 of 21 industry sectors.
Former Bank of Japan board member Makoto Sakurai sees the likelihood of a hike in March as high as 70%, as the central bank may be better off waiting out at least the first couple of months of the new administration of incoming U.S. President Donald Trump.
BUSINESS / Economy
Jan 9, 2025
Former BOJ board member sees rising chance of March rate hike
Makoto Sakurai says the central bank may wait out at least the first couple of months of the new administration of incoming U.S. President Donald Trump.
Economy minister Yoji Muto during a meeting on Wednesday in Tokyo's Chiyoda Ward
BUSINESS / Economy
Jan 8, 2025
Economy minister calls for continued wage increases
"Now is the time to step on the accelerator on wages and investment in order to transition to a growth-oriented economy," said Yoji Muto.
Akihiro Kaneko, president of the Japan Council of Metalworkers’ Unions, speaks during a news conference in Tokyo on Dec. 3.
BUSINESS
Dec 11, 2024
Japan union head calls for government to work more on raising pay
The call comes as Japan prepares for annual wage negotiations that culminate in the spring.
Members of the workers' union UA Zensen watch a video, during a kick-off rally for the annual "shunto" wage negotiations, in Tokyo in March 2023.
BUSINESS
Dec 5, 2024
UA Zensen unveils plan to demand 6% pay hike in 2025 Shunto
UA Zensen plans to seek a 7% wage increase for part-time workers, who make up about 60% of the roughly 1.9 million workers in its member unions.
An official from the Japan Council of Metalworkers' Unions writes on a board the results of this year's shuntō annual spring labor negotiations in March in Tokyo.
BUSINESS / Economy
Dec 3, 2024
JCM to demand pay-scale hike of ¥12,000 or more in 2025
The organization is aiming to ensure wage increases exceed the rate of inflation.
Rengo President Tomoko Yoshino speaks at the organization's central committee meeting in Urayasu, Chiba Prefecture, on Thursday.
BUSINESS / Economy
Nov 28, 2024
Rengo to demand wage hike of 6% or more for smaller firms in 2025
Rengo set a higher goal for small and midsize businesses to rectify wage gaps with larger companies.

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