The settlement results for labor force wages and annual bonuses have started to come out from the “spring offensive” negotiations in Japan. The Japanese Rubber Workers Union Confederation is comprised of 58 member unions. Forty-eight of those put forth wage demands to the companies of the unions’ respective labor forces, from which 20 unions have reached conclusions. Regarding annual bonuses, 45...
The Japanese Rubber Workers Union Confederation (JRWUC) has largely completed its spring labor offensive, and unions have submitted wage demands at most large rubber manufacturers. According to the JRWUC, 45 out of 58 unions have submitted their wage demands, and despite discrepancies between sectors such as tires, automobile parts, and industrial goods, wage increase demands are trending downward from the...
New Year’s Top Interview: Mitsuboshi Belting President Hajime Kakiuchi Speaking with Japan Rubber Weekly in an interview, Mitsuboshi Belting Ltd. (TYO:5192) President Hajime Kakiuchi said he believes difficulties await this year if the current economic slump persists. The company has invested in upgrading its capabilities in Japan, and its ability to continue doing so will help adapt in the future...
