Tag - shunto

 
 

SHUNTO

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.
Rengo President Tomoko Yoshino
BUSINESS
Oct 17, 2024
Big wage increase sought by Japan’s largest union slightly underwhelms
For the 2025 spring wage negotiations, the Japanese Trade Union Confederation is aiming for a wage hike of "over 5%," the same goal as this year.
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.
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.
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.
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.
BUSINESS
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.
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.
BUSINESS
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.
BUSINESS
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.
Japan Times
BUSINESS
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.
BUSINESS
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.
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
BUSINESS
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.

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