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Japan Auto Unions Seek Slimmer Pay Raises as Economy Stagnates

  • Labor groups pare back monthly raise request from year ago
  • Japan inflation-adjusted pay has declined four years straight

Japan’s auto workers will ask for raises from carmakers led by Toyota Motor Corp. for a third straight year while scaling back from their demands in 2015.

Eleven unions representing workers at Japan auto companies will each seek 3,000 yen ($26) monthly raises for the fiscal year beginning in April, the Confederation of Japan Automobile Workers’ Unions said Wednesday in a statement. The groups asked for 6,000 yen a year ago and reached agreements with companies for 3,000 yen on average.