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Major Companies Have Agreed to Fully Meet Wage Increases to Boost Employee Morale

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By Daisuke Narahashi and Miyabi Endo / Yomiuri Shimbun Staff Writers

17:49 JST, March 19, 2026

Against the backdrop of soaring prices, a number of major companies across a wide range of industries, including automobiles and electronics, fully agreed on Wednesday to high wage increases as demanded by labor unions during this year’s shunto spring wage negotiations.

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