Newsfrom Japan

FILE PHOTO: People cross a street in Tokyo March 18, 2015. REUTERS/Yuya Shino
FILE PHOTO: People cross a street in Tokyo March 18, 2015. REUTERS/Yuya Shino
TOKYO (Reuters) – Japanese workers have been stuck with little wage growth for nearly three decades, putting the average salary at 4.33 million yen in 2020, well below average levels of OECD countries. (For a related story on pay in Japan, click on).
Salaries at the country’s nearly 2,500 listed firms were better, averaging 6 million yen ($52,000) according to data from research firm Tokyo Shoko Research. Yet that figure also represented the first decline in about a decade.
The following are the top 10 listed firms, on a parent-only basis, with the highest average salaries in the last financial year, according to Tokyo Shoko Research. The rankings are based off the yen amount, which have been converted by Reuters to U.S. dollars at the latest exchange rate.
1. HULIC CO LTD……………(Real estate)……………$148,000
2. MITSUBISHI CORP…………(Wholesale trade)………..$146,000
3. ITOCHU CORP…………….(Wholesale trade)………..$141,000
4. MITSUI & CO LTD…………(Wholesale trade)………..$129,000
5. SUMITOMO CORP…………..(Wholesale trade)………..$118,000
6. LASERTEC CORP…………..(Electronic equipment)……$114,000
7. MITSUI FUDOSAN CO LTD……(Real estate)……………$110,000
8. MITSUBISHI ESTATE CO LTD…(Real estate)……………$110,000
9. NIHON M&A CENTER HOLDINGS..(Services)………………$108,000
10. NOMURA RESEARCH INSTITUTE..(Information)……………$106,000
($1 = 115.3200 yen)

(Reporting by Tetsushi Kajimoto; Compiled by David Dolan; Editing by Muralikumar Anantharaman)
(c) Copyright Thomson Reuters 2022. Click For Restrictions –
https://agency.reuters.com/en/copyright.html

Reuters Japan Tokyo Asia

source

Shop Sephari