Japan workers' share of profits hits 51-year low despite record earnings

Globalization of corporate activity contributes to smaller piece of pie for labor

20250716N Tokyo commuters

Japanese workers won historically high raises this year, but their share in corporate profits has declined. (Photo by Yuji Murakami)

KOSUKE TAKEUCHI

TOKYO -- The share of Japanese corporate profits going to workers has dropped to the lowest level in 51 years, Nikkei has found, indicating record earnings are not being allocated toward higher wages.

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