Business · Companies · 5 hrs ago

Aichi manufacturers raise starting pay amid hiring competition

Aichi manufacturers raise starting pay amid hiring competition

Aichi manufacturers are raising starting salaries as they compete to hire graduates.

A leading spark-plug maker, Nippon Tokushu Togyo, set pay for university graduates joining in April 2026 at ¥320,000 a month, ¥50,000 more than the previous year.

Its increase over four years is more than ¥100,000.

Other manufacturers in the region also raised starting pay, including NGK and Tokai Rika, while manufacturers now make up nine of the top 15 local companies ranked by starting salary.

Toyota, a major employer in Aichi, offers new graduates ¥275,000 a month.

Population decline and industry change add pressure as electric vehicles become more common and companies seek a wider pool of skilled workers.

Companies are expected to keep reviewing pay and benefits to attract talent, though starting salary is only one part of total compensation.

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via Nikkei