Japan¡¯s car industry union will seek a slightly more ambitious wage hike goal in the upcoming round of negotiations compared with the previous year, adding momentum to talks as the Bank of Japan tracks pay trends in the U.S. tariffs-hit sector.
The Confederation of Japan Automobile Workers¡¯ Union (JAW) will aim for a minimum ?12,000 ($77) monthly base wage increase, according to a draft plan for negotiations culminating in March released Friday. Under a target that sought a ?12,000 raise instead of seeking that level as a minimum, the union secured a ?9,520 increase this year, which amounted to a 3.58% gain.
Toyota Motor, Nissan Motor and Honda Motor are among the members of the group. The goal will be formally approved after the group¡¯s board meeting in January.
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