Information from the second spherical of the outcomes of annual work talks (Shanto) for the group of the biggest labor union in Japan, Ringo, have proven that Japanese firms have agreed to extend wages by 5.4% this yr.
These information are decrease than the outcomes of the primary spherical, which confirmed a median wage enhance of 5.46% for the yr 2025, and it’s higher than the typical final yr of 5.1%.
Studying exceeded 5% for the second consecutive yr.
Market response
The Japanese yen (JPY) is way from its lowest ranges, however it’s nonetheless beneath excessive gross sales strain attributable to these titles, holding the pair of USD / JPY {dollars} / yen up 0.42% throughout the day at 149.42 on the time of publication.
2025-03-21 08:13:17