On the 12th of March, the Jinshi data announced that many of Japan's largest companies have met the union's significant salary increase demands for the third consecutive year to help workers cope with inflation and retain employees in the labor shortage. As the annual 'spring struggle' negotiations came to an end on Wednesday, the electronics conglomerate Hitachi stated that it had agreed to raise monthly wages by 6.2% as requested by the union, reaching a historical high. Toyota, on the other hand, stated that the salary increase for manufacturing sector employees would be on par with the highest level since 1999. Economists predict that the average salary increase for Japanese companies in 2025 will be close to last year's 5.1%, which was the largest in 33 years, allowing the Central Bank of Japan (Merkez Bankası) to exit from a decade-long ultra-loose monetary policy (para politikası). The largest labor union in Japan, the Japanese Trade Union Confederation (Rengo), will release a preliminary report on the protocol terms on the 14th of March. The union is demanding an average salary increase of 6.09%, higher than last year's 5.8%.