Japan’s car industry union will seek a slightly more ambitious wage hike goal in the upcoming round of negotiations compared to the previous year, adding momentum to talks as the Bank of Japan tracks pay trends in the US tariffs-hit sector.
The Confederation of Japan Automobile Workers’ Union will aim for a minimum ¥12,000 ($77.08) monthly base wage increase, according to a draft plan for negotiations culminating in March released Friday. Under a target that sought a ¥12,000 raise instead of seeking that level as a minimum, the union secured a ¥9,520 increase this year, amounting to a 3.58% gain.
AloJapan.com