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Wage Gains at Japan’s Smaller Firms at Risk as Iran War Drags On

A union survey found 84% of respondents already feel higher costs, while nearly 70% in pharmaceuticals and cosmetics cannot pass them on.

Summary by The Japan Times
Many of such companies lack the pricing power to fully pass rising costs on to customers because of intense competition and entrenched business practices.

Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Bloomberg broke the news in New York, United States on Wednesday, June 10, 2026.
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