Group 1 - The Japanese Trade Union Confederation (Rengo) aims for a wage increase of 5% or more in the 2026 labor negotiations, despite pressures from U.S. tariff policies on Japanese export companies [1] - The target for next year's wage increase is consistent with this year's final average increase of 5.25%, marking the largest rise in 34 years, which includes over 3% in base salary growth [1][4] - The union is also targeting a minimum of 6% wage increase for small and medium-sized enterprises to address the income gap with large companies [1] Group 2 - Economists suggest that the rationale for wage increases in next year's negotiations may be less compelling due to the impact of higher U.S. tariffs on the profits of major Japanese exporters [2] - Major exporters are reportedly lowering export prices to absorb tariff costs, which may lead to cautious wage negotiations in the automotive sector and other key industries [3] - The average wage increase for union member companies is projected to be between 4.5% and 4.7% [4] Group 3 - A severe labor shortage may compel companies to continue offering substantial wage increases to attract and retain employees, as competition for talent remains fierce [5] - The current economic conditions are stable, with high prices persisting, and there are no visible factors that would lead to a decrease in wage growth rates [5] - The continuation of wage growth is crucial for Japan's consumer recovery and will directly influence the Bank of Japan's monetary policy path [5]
不为高关税所动,日本最大工会仍要求加薪5%,力争连续四年大幅加薪!
Hua Er Jie Jian Wen·2025-10-23 10:52