Concentrated Answering Day in Spring Labor Negotiation
2026 spring labor-management negotiations for wage hike reached its peak on March 18 th , when managers of major corporations offered answers to wage hike demands of labor unions. Reflecting price inflation caused by volatile international relations, most managers fully accepted the demands, exceeding the target set by labor side which was 5 percent. However, it is still unsure whether wage hike will overcome current price hike. The negotiation started on January 27 th , when the chairman of Japan Business Federation (Keidanren), Yoshinobu Tsutsui, and the president of Japanese Trade Union Confederation (Rengo), Tomoko Yoshino, had a meeting. In the meeting, Tsutsui showed willingness for wage increase by encouraging each company to standardize raising basic salary in the negotiation, while Yoshino remarked that the federation would set its target at 5 percent of wage hike to stabilize workers’ ordinary life. Labor unions of major corporations made proposa...