FY2026 Spring Wage Settlements at Major Private Companies
Overview
In the Ministry of Health, Labour and Welfare’s FY2026 tally, the average settlement for 428 companies was 18,167 yen, and the wage increase rate was 5.18%. Compared with the previous year, the settlement amount fell by 462 yen and the wage increase rate fell by 0.34 percentage points. Meanwhile, settlements remained in the 18,000-yen range for a second consecutive year, and the wage increase rate remained in the 5% range for a third consecutive year, marking high wage increases.
Key points
- The average settlement amount was 18,167 yen.
- The wage increase rate was 5.18%.
- The tally covered 428 companies meeting criteria including capital of at least 1 billion yen and at least 1,000 employees.
- The settlement amount remained at a high level for a second consecutive year, and the wage increase rate for a third consecutive year.
Overview
The Ministry of Health, Labour and Welfare compiles annual data on spring wage increase demands and settlements at major private companies to understand the state of labor-management negotiations. In its FY2026 tally, the average settlement amount and wage increase rate were below the previous year’s levels.
The settlement amount remained in the 18,000-yen range for a second consecutive year, and the wage increase rate remained in the 5% range for a third consecutive year, marking high wage increases.
Details
The tally covers companies for which settlement amounts (amounts made clear in settlements) and other data are available, with capital of at least 1 billion yen, at least 1,000 employees, and a labor union. The FY2026 tally covered 428 companies.
The average settlement amount fell by 462 yen, from 18,629 yen the previous year to 18,167 yen. The wage increase rate against the current basis (average wages before negotiations) fell by 0.34 percentage points, from 5.52% the previous year to 5.18%.
The published materials include Table 1, “FY2026 Spring Wage Increase Demands and Settlements at Major Private Companies,” and Table 2, “Trends in Spring Wage Increases at Major Private Companies.” They also include Table 3, “Number of Companies by Timing of Demand Submission in FY2026 Spring Wage Increase Negotiations,” and Table 4, “Number of Companies by Timing of Settlement in FY2026 Spring Wage Increase Negotiations.”