Softbank, a major mobile phone company, has revealed a policy of raising wages of about 18,000 employees by an average of 5.4%, including base increases.
It will be the first time in eight years since fiscal 2015 that the base will be raised in response to the record-breaking rise in prices.
This was announced by President Junichi Miyagawa at the financial results conference on the 3rd.
According to this, SoftBank plans to raise wages by an average of 5.4% for about 18,000 employees, including a base increase that uniformly raises the base salary of employees from April.
It is the first time in eight years, since fiscal 2015, that the basic payout will be raised in response to rising prices.
At a press conference, President Miyagawa said, "Companies are for their shareholders, but they are also for their employees. We have to cut costs to raise wages, but we're on track."
With record high prices burdening household budgets, major companies and others are moving to decide policies to raise wages one after another in this spring's struggle, and the focus is on whether such movements will become a major trend.