Major Japanese Corporations Award 'Average 930,000 Won' Winter Bonus Amid Strong Performance

Survey of Winter Bonuses at 164 Major Japanese Corporations by Keidanren
Summer Bonus Rises from 990,000 Yen to 1,004,000 Yen, Marking the Largest Increase

The average winter bonus for employees at major Japanese corporations has been tallied at 1,004,841 yen (approximately 931,900 won), an 8.57% increase compared to last year.

According to local media such as the Mainichi Shimbun on December 25, a survey by Keidanren (Japan Business Federation), an economic organization in Japan, found that the winter bonus at 164 large companies with more than 500 employees exceeded 1 million yen for the first time since 1981. By industry, the manufacturing sector saw an increase of 10.09% to 1,056,966 yen (approximately 982,000 won), while the non-manufacturing sector rose by 5.79% to 896,495 yen (approximately 833,000 won).

Previously, Keidanren announced that in the first tally of this summer's bonuses, the average bonus per person at 107 large companies across 18 industries with more than 500 employees was 990,848 yen (approximately 932,000 won), a 4.37% increase from last year.

Keidanren cited two main factors for the increase in bonuses: the rise in monthly salaries, which serve as the basis for bonus calculations, and strong business performance, particularly in the manufacturing sector.