Japan overnight press –
- Toyota’s labor union plans to request a 6,000 yen boost in monthly base pay
- As part of this year’s spring wage negotiations
- The union asked for a 4,000 yen increase in base pay last year and got a hike of 2,700 yen
No hikes from the BOJ for the foreseeable future, but workers are hoping for a different sort of hike from companies.