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The Zhitong Finance App learned that Japan's largest automobile trade union organization is seeking to surpass the goal of simply requiring wage increases to keep up with inflation in next year's labor negotiations. The head of the organization said that in order to help Japan ensure that it has enough skilled workers and meet the competitive challenges brought by China, stronger wage growth is needed. Akihiro Kaneko, president of the Japan Automobile Federation (JAW), said in an interview on Monday: “We are discussing setting higher standards than in previous years in the 2027 spring salary negotiations.”
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The Zhitong Finance App learned that Japan's largest automobile trade union organization is seeking to surpass the goal of simply requiring wage increases to keep up with inflation in next year's labor negotiations. The head of the organization said that in order to help Japan ensure that it has enough skilled workers and meet the competitive challenges brought by China, stronger wage growth is needed. Akihiro Kaneko, president of the Japan Automobile Federation (JAW), said in an interview on Monday: “We are discussing setting higher standards than in previous years in the 2027 spring salary negotiations.”
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