Unbound Edition. Meaningful conversations about brand, from Davis Brand Capital.

Toyota Agrees to Raise Worker Pay

Joining other major domestic firms, Toyota (NYSE:TM) says it will raise its monthly base worker salary by ¥4,000, its biggest hike in over a decade.Higher wages are considered key for sustaining growth and ending deflation in Japan, and Prime Minister Shinzo Abe has called on companies to do their part and lift worker pay.

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