Uniqlo’s Parent Company to Increase Employee Wages in Japan by as Much as 40 Percent

GOING UP: While more store employees across the globe are calling for higher wages, Fast Retailing Co. Ltd. is joining the fray and will remunerate all employees in Japan based on their ambition, talents and contribution to the business.

The change of pace was announced Wednesday and will get rolling in March. The effort is part of the retail conglomerate’s plans to increase growth and competitiveness in line with…