Many major Japanese companies, including Toyota Motor Corp., on Wednesday fully met the wage hike demands of their labor unions, which have been calling for substantial raises to address surging prices amid chronic labor shortages.The government has been paying attention to the annual wage negotiations between management and labor unions to see if the strong push for salary gains will be sustained and extend to small and medium-sized companies, which employ around 70 percent of the country's workforce.Seen as a trendsetter in wage negotiations, Toyota, the world's largest carmaker by volume…READ FULL ARTICLE
