Latest news with #JapanBusinessFederation
Yomiuri Shimbun
08-08-2025
- Business
- Yomiuri Shimbun
Summer Bonuses at Major Japan Firms Hit Record
TOKYO (Jiji Press) — Major Japanese companies raised their summer bonuses by 3.44% in 2025 from the previous year to a weighted average of ¥974,000, the highest on record dating back to 1981, according to a final tally by the Japan Business Federation, or Keidanren, released on Friday. The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers, Keidanren said. Summer bonuses maintained their strong upward momentum, it said. The survey covered 154 companies in 22 sectors. Of them, 119 manufacturers raised their summer bonuses by 4.37% to ¥1,029,479 , the fourth straight year of increase that helped the figure surpass one million yen for the first time since comparable data become available in 1997. Bonuses at chemical, textile and nonferrous metal firms showed steep rises, up 21.28% to ¥1,015,577, 13.08% to ¥904,222 , and 12.64% to ¥924,999, respectively. Nonmanufacturers' bonuses rose 3.3% to ¥863,726 . Construction firms cut their bonuses by 5.66% to ¥1,269,893.
08-08-2025
- Business
Summer Bonuses at Major Japan Firms Hit Record
Tokyo, Aug. 8 (Jiji Press)--Major Japanese companies raised their summer bonuses by 3.44 pct in 2025 from the previous year to a weighted average of 974,000 yen, the highest on record dating back to 1981, according to a final tally by the Japan Business Federation, or Keidanren, released on Friday. The fourth consecutive year of increase came after many firms raised their monthly wages this spring and as a result of solid earnings mainly among manufacturers, Keidanren said. Summer bonuses maintained their strong upward momentum, it said. The survey covered 154 companies in 22 sectors. Of them, 119 manufacturers raised their summer bonuses by 4.37 pct to 1,029,479 yen, the fourth straight year of increase that helped the figure surpass one million yen for the first time since comparable data become available in 1997. Bonuses at chemical, textile and nonferrous metal firms showed steep rises, up 21.28 pct to 1,015,577 yen, 13.08 pct to 904,222 yen, and 12.64 pct to 924,999 yen, respectively. [Copyright The Jiji Press, Ltd.]
06-08-2025
- Business
Major Japanese Firms Agree 5.39 Pct Pay Hikes
News from Japan Economy Aug 6, 2025 17:24 (JST) Tokyo, Aug. 6 (Jiji Press)--Major Japanese firms agreed to increase monthly pay through pay scale hikes and regular raises by 5.39 pct, or 19,195 yen, on average in "shunto" spring labor-management wage negotiations in 2025, a final tally by the Japan Business Federation, or Keidanren, showed Wednesday. The hike rate hit 5 pct for the second straight year and was the second biggest, after last year's 5.58 pct, since comparable data became available in 1976. This is the first time since 1990-1991 that the rate of increase reached 5 pct for two consecutive years. The tally covered 139 companies in 19 sectors. "Strong momentum for wage hikes continued and took root," a Keidanren official said. "Discussions were made between employee and employer sides to secure human resources amid high prices." [Copyright The Jiji Press, Ltd.] Jiji Press
NHK
24-07-2025
- Business
- NHK
Keidanren head commends Japan-US trade deal
The head of Japan's leading business lobby has lauded the country's trade agreement with the United States. But he also sounded alarm over the current state of the global economy. Tsutsui Yoshinobu became the new chairman of the Japan Business Federation, or Keidanren, in late May. He spoke at the beginning of the organization's summer forum in the resort town of Karuizawa in central Japan on Thursday. Tsutsui said that he highly evaluated the terms of the bilateral deal. But he added it came at a time when the world is at a major turning point, with the free and open international economic order shaking. Tsutsui noted that Japan is facing a mountain of complex domestic challenges, including a shrinking population caused by a low birthrate and an aging society. He said another challenge involves policies on resources and energy. He said that what counts is to pave the way for Japan to turn into a nation that will be trusted by the international community. Tsutsui added that Keidanren members will share the resolve that companies will clear the path for the future. He said that his organization will demonstrate this determination. About 40 senior corporate officials are taking part in this year's forum. It is being held under the theme of a vision to allow the Japanese economy to grow even with the declining population. The agenda includes discussions on topics, such as how to facilitate innovation to realize a "science and technology nation." The participants are expected to compile a document on Friday that will sum up their talks.
Yomiuri Shimbun
23-07-2025
- Automotive
- Yomiuri Shimbun
Japan Business Group Chair Welcomes Outcome of Tariff Talks, But Also Say 15% Reciprocal Tariff ‘By No Means Low'
Yoshinobu Tsutsui, the chairperson of Keidanren (Japan Business Federation), on Wednesday praised the outcome of Japan-U.S. tariff negotiations as the result of long-running, persistent talks focused on national interests. 'The parties concerned made earnest efforts within the framework of the negotiations and achieved a successful outcome,' Tsutsui told reporters. Tsutsui said he was greatly concerned about automobile tariffs, as they will have a significant impact on the broad-based automobile industry, including related businesses. 'But I want to praise the reduction in the tariffs as a positive outcome of the talks,' he said. At the same time, however, Tsutsui said a 'reciprocal tariff' of 15% is 'by no means low, considering the domestic economy.'
