In the Nikkei today, link is here for more

But, in brief:

Japanese economy growing, but wages ... nominal pay rising just 0.5% on the year in April.

The three reasons:

  1. Productivity need to improve - companies say they'll pay higher wages when productivity goes up
  2. Temporary employees are shifting to permanent status,
  3. Baby boomers are retiring - long-term employees on higher pay leaving

Check out the link above for more

--

The point about this is that the government and Bank of Japan want to see higher wages to help fuel inflation towards the 2% target. So far, not happening.