*From 2004 onwards, figures include companies with labor unions with a capital size of one billion Japanese yen or more and 1,000 or more employees. Prior to 2004, the statistic refers to companies with labor unions with a capital size of two billion Japanese yen or more and 1,000 or more employees that were listed on the first section of the Tokyo Stock Exchange or Osaka Securities Exchange.
**Number of respondents in 2025.
Weighted averages based on each companies' number of union members.
Citation formats
Spring wage offensive (shunto) results of major companies Japan 1989-2025
The annual spring wage negotiations (shunto) in 2025 resulted in major companies in Japan agreeing to an average pay raise of **** percent.
Shunto is a Japanese term that can be translated as spring wage offensive. It refers to wage talks held simultaneously every spring by company unions throughout Japan.
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MHLW (Japan). (August 1, 2025). Annual outcome of spring wage negotiations (shunto) of major private companies in Japan from 1989 to 2025 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1557334/japan-spring-wage-negotiation-results-major-companies/
MHLW (Japan). "Annual outcome of spring wage negotiations (shunto) of major private companies in Japan from 1989 to 2025." Chart. August 1, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1557334/japan-spring-wage-negotiation-results-major-companies/
MHLW (Japan). (2025). Annual outcome of spring wage negotiations (shunto) of major private companies in Japan from 1989 to 2025. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1557334/japan-spring-wage-negotiation-results-major-companies/
MHLW (Japan). "Annual Outcome of Spring Wage Negotiations (Shunto) of Major Private Companies in Japan from 1989 to 2025." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Aug 2025, /statistics/1557334/japan-spring-wage-negotiation-results-major-companies/
MHLW (Japan), Annual outcome of spring wage negotiations (shunto) of major private companies in Japan from 1989 to 2025 ÌÇÐÄÆƽâ°æ, /statistics/1557334/japan-spring-wage-negotiation-results-major-companies/ (last visited July 31, 2026)
Annual outcome of spring wage negotiations (shunto) of major private companies in Japan from 1989 to 2025 [Graph], MHLW (Japan), August 1, 2025. [Online]. Available: /statistics/1557334/japan-spring-wage-negotiation-results-major-companies/
