Japan Inc. Unions Planning to Dial Back Wage Demands by Half

  • Group to seek 3,000 yen or more base pay raise, from 6,000 yen
  • Union group's members include Toyota, Hitachi, Panasonic

A Japan labor group whose members include Toyota Motor Corp., Hitachi Ltd. and Panasonic Corp.’s unions said they will seek half the minimum wage increase in 2016 compared with its plans entering this fiscal year.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.