TOKYO -- Major Japanese companies including Honda Motor agreed Wednesday to fully meet their labor unions' wage demands in this year's spring negotiations, as they seek to bring relief to workers amid inflation and remain competitive in a tight labor market.
Business trends
Honda, Aeon agree to full wage hike demands in big labor wins
Top Japan companies offer 5%-plus pay increases, but outlook for small businesses unclear
Aeon, a leading Japanese retailer, has agreed to raise pay 6.4% for full-time workers and 7% for part-timers. © Reuters
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