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  • /Japanese Prime Minister Fumio Kishida urges companies to raise wages by 3% or more

Japanese Prime Minister Fumio Kishida urges companies to raise wages by 3% or more

Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered pre-pandemic levels to raise wages by 3% or more at their labour talks next spring. This is to achieve a virtuous cycle of growth and wealth distribution.