Major Japanese companies, including Toyota Motor Corp, Nissan Motor Co, Panasonic, and Nippon Steel, have agreed to significant pay hikes in response to union demands at annual wage negotiations. The move is fueling hope of beating deflation and raising expectations for a key policy shift by the Bank of Japan.
WATCH: Toyota, Panasonic, Nippon Steel and Nissan have agreed to fully meet union demands for pay hikes at annual wage negotiations, raising expectations that the BOJ will feel ready to make a key policy shift next week https://t.co/xGGPMWrPFV https://t.co/rAq8pDuRGc
Toyota, Panasonic, Nippon Steel and Nissan have agreed to fully meet union demands for pay hikes at annual wage negotiations, raising expectations that the BOJ will feel ready to make a key policy shift next week https://t.co/EpyQmwm5NE https://t.co/xOW1TV8GFA
Toyota, Nippon Steel agree to historic pay hikes ahead of BOJ meeting https://t.co/GqHMFSIh72 via @NikkeiAsia
Toyota, Nissan, other companies offer large pay hikes, fuel hope of beating deflation: Major Japanese companies, including Toyota Motor Corp and Nissan Motor Co, on Wednesday offered their largest pay hikes in decades at annual… https://t.co/sdu2hqZzR3 #japannews #japantoday
Toyota, others offer large pay hikes amid hope of beating deflation https://t.co/wXeLmGF391