"Japanese Stocks" Dai-ichi Life (8750.JP) announced an average salary increase of 7% for the third consecutive year

One of Japan's largest life insurance companies, Dai-ichi Life (8750.JP), stated that after negotiations with labor unions, it plans to raise average salaries by approximately 7% in the fiscal year starting in April 2026, benefiting about 50,000 domestic employees, including sales personnel. This marks the third consecutive year the company has implemented a 7% salary increase.

The spokesperson indicated that starting salaries will also be increased, with the starting salary for university graduates entering professional development positions being raised by 19,000 yen (approximately HKD 953), reaching about 354,000 yen (approximately HKD 17,800).

Japanese policymakers, including officials from the Bank of Japan, have been closely monitoring wage growth trends, as stagnant or only slightly increasing wages could severely impact household finances amid accelerating inflation. Financial institutions, such as insurance companies, have been actively raising salaries to recruit and retain employees capable of handling complex market transactions