The Japanese government has decided to raise the minimum wage to 1118 yen, marking the largest increase the country has seen to date. This move aims to stimulate economic growth and improve livable income for workers across the nation.

The minimum wage in Japan is a hotly debated topic as increasing it is seen as a way to spur consumer spending and tangible growth. Many Japanese citizens, particularly in the labor industry, have been calling for a substantial increase in the minimum wage for years. The new increase reflects the government's commitment to labor rights and economic development.

In comparison to the US or EU, where minimum wage increases are also often utilized as a tool to stimulate economies, the increase in Japan is significant. While the numeric value of the minimum wage varies greatly among countries, the increase is a bold step for Japan. However, it may trigger debates on whether it would lead to increased living costs.