Major Japanese firms will soon decide their response to demands for pay hikes by their labor unions, wrapping up their annual "shunto" negotiations by the end of this month. Some 68.1 percent of firms ...

Automobile manufacturers play a leading role in the annual shunto spring wage negotiations, and if their profits worsen, the negative impact on the Japanese economy will be enormous. Muto is said to ...

Toyota's wage request has long served as a bellwether for the "shunto" spring talks between unions and management. The outcome will be closely watched by Prime Minister Shigeru Ishiba's government as ...

Bank of Japan officials are interested onlookers along with company workers in closely monitoring this year’s wage hike negotiations between labor and management to be implemented from spring.

Japan’s largest labor organization on Oct. 20 agreed to seek a 5-percent pay-scale raise in next spring’s “shunto” wage negotiations, its highest target in more than 25 years. Rengo ...