shunto

[ shoon-toh ]

noun

1. the annual sessions of collective bargaining for wage increases sought by Japanese labor unions each spring.

Word History and Origins

Origin of shunto¹

< Japanese shuntō literally, spring struggle < Middle Chinese, equivalent to Chinese chūn spring + dòu struggle

Example Sentences

Japanese firms traditionally kick off their spring "shunto" wage negotiations with unions in March.

From Reuters

Japanese firms traditionally kick off their spring "shunto" wage negotiations with unions in March.

From Reuters

"Going forward, the BOJ is likely to exercise patience until mid-2024, when it will assess the need for more significant policy actions, such as a potential YCC exit. By that time, the BOJ will have access to next year's Shunto wage data, which will provide more information about the long-term inflation outlook."

From Reuters

Many Japanese companies will wrap up their annual "shunto" labour talks on Wednesday, although many have made early decisions with bullish plans, responding to government pressure to help taxpayers weather rising living costs.

From Reuters

Many Japanese companies will wrap up their annual "shunto" labour talks on Wednesday, although many have made early decisions with bullish plans, responding to government pressure to help taxpayers weather rising living costs.

From Reuters