NIKKEI RESEARCH INC.

2023 Wage Trend Survey – published on Nikkei /Nikkei Business Daily/Nikkei MJ

The average wage increase rate, combining regular pay raises and base increases, was 3.89%, up 1.54 percentage points from the previous year. This is the first high level in 31 years, and the implementation rate of companies that were requested a basic wage increase is close to 90%. Among all 24 industries, shipbuilding had the highest growth rate, with a wage increase rate of 6.07%, an increase of 3.78 points from the previous year. Among individual companies, DMG Mori Seiki's wage increase rate of 23.03% stands out.

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