Japan's rising tide of wage hikes lifts pay at small manufacturers

Labor unions win record increases, as focus turns to sustaining raises

20240402N Japan small manufacturer

Japan's small and midsize manufacturers face pressure to raise wages even if business performance is poor.  © Reuters

TAMAKI KYOZUKA, Nikkei staff writer

TOKYO -- Workers at Japan's small and midsize manufacturers won wage increases averaging 4.12% this year, the highest ever, as the ripple effect of wage hikes topping 5% at large companies nationwide spreads to smaller ones.

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