Japan Begins Advisory Panel Talks on Fiscal 2025 Minimum Wage Increase Exceeding 1,000 Yen Nationwide With 1,500 Yen Target

Japan's Ministry of Health, Labour and Welfare has initiated discussions on raising the minimum wage for fiscal year 2025. An advisory panel meeting was held to establish guidelines for each prefecture's wage increase. The central focus is on the extent of the raise, with expectations that the minimum wage will exceed 1,000 yen nationwide. The government aims to reach a target minimum wage of 1,500 yen during the 2020s. The advisory panel is expected to finalize a recommended wage increase range between late July and early August.