Toyota


Toyota the Exception On Wage Hikes, Part 2

In this part 2 of the report, Richard argues that rather than rush to judgment about the impact of this spring’s wage negotiations on nominal and real wage growth based on the headlines from a few big firms like Toyota, we should wait until we get the actual numbers on wages for April and a few months thereafter.

Toyota the Exception On Wage Hikes, Part 1

There is a lot of crowing in the Japanese press about wages rising in Japan because Toyota Motor Co. and some other big firms offered the biggest wage hikes in years, partly due to pressure from the Abe administration.