- Listed: 07/13/2014 7:28 pm
- Expires: This ad has expired
Summer bonuses surge in Japan, led by manufacturers
Date: Jul 14, 2014
TOKYO — Summer bonuses paid by Japan’s major corporations are rising 8.48% on average from last year, with manufacturers leading the way with double-digit growth, according to a Nikkei Inc. survey.
Payouts across all industries averaged 793,849 yen ($7,754), based on responses from 581 leading companies for which comparisons with the previous year were possible. The increase surpasses the 7% growth marked in 1989 and 1990, at the height of the bubble economy.
The weaker yen and growing overseas operations have helped buoy manufacturers’ earnings, contributing to their 10.94% jump in bonuses this summer. All 17 sectors are handing out bigger bonuses than a year ago. By comparison, payouts shrank in seven sectors last summer.
Steelmakers topped this year’s list with bonuses growing 27.6%. Payouts for the precision machinery sector rose 15.44%, followed by automakers and their parts suppliers at 13.21%. Toyota, which posted a record net profit in fiscal 2013, is shelling out 1.37 million yen.
1926 total views, 3 today
Information about the ad poster
- Listed by: JAPAN PRODUCTS
- Member Since: 11/14/2012
Other items listed by JAPAN PRODUCTS
- Japan Plan to Increase 30% of Company Managerial Posts with Women by 2020
- World’s Largest Plant Factory With LED Lighting Built In Quake-Hit City Miyagi
- Solar Frontier K.K. – Economical and Ecological Solar Energy Solutions
- Asahi Glass’s strengthened glass to be used for player benches for the 2014 FIFA World Cup Brazil
- Are Japanese car building techniques the best?
Top Ads Today
- Nippon Poly-Glu Co., Ltd. - Provides Water Treatment Assistance (50 views)
- TAISEI Corporation - Engineering and Construction Services (43 views)
- Fujiwara Industry Co., Ltd. - Wastewater Treatment and Tsunami Emergency Equipment (35 views)
- Aiya Co., Ltd. - We've been producing the organic matcha green tea since 1885 (34 views)
- OHKI Co., Ltd. - We are a leading manufacturer of filter bags for tea and coffee (30 views)
- Fuji Oil Co., Ltd. - Developing and Manufacturing the Food Ingredients (29 views)
- MUSCLE Corporation - Motion Control Systems Specialist (28 views)
- Dobashien Co., Ltd. - Manufacturing of japanese tea, and related tea goods (27 views)
- Azuma Foods Co., Ltd. - Manufacturing high quality, safe and healthy food products (27 views)
- Integration Co., Ltd. - Kimukatsu - Japanese Pork Cutlets (26 views)