Japan's largest trade union confederation RENGO set the median 2027 wage-growth target at 6% and, for the first time, adopted a mid-term target seeking 15% wage growth by 2030. In its 2027 policy guidance RENGO maintained a baseline demand for annual

2026-10-22

Japan's largest trade union confederation RENGO set the median 2027 wage-growth target at 6% and, for the first time, adopted a mid-term target seeking 15% wage growth by 2030. In its 2027 policy guidance RENGO maintained a baseline demand for annual wage increases of at least 5%.