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Business

Wage growth plateaus at Asian ops of Japanese companies

Poll shows trend of smaller raises likely to continue next fiscal year

Japanese companies lifted wages 5.55% this fiscal year at operations elsewhere in Asia, such as this Honda Motor factory in Thailand.

BANGKOK -- Japanese companies pulled back on pay raises at operations elsewhere in Asia this fiscal year, a Nikkei Research poll shows, with growth appearing to peak even in areas where wages had been surging.

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