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

More at the Nikkei

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No hikes from the BOJ for the foreseeable future, but workers are hoping for a different sort of hike from companies.