Summary
If you make 1,200,000,100 円 a year living in Japan, you will be taxed 549,218,706 円. That means that your net pay will be 650,781,394 円 per year, or 54,231,783 円 per month. Your average tax rate is 45.8% and your marginal tax rate is 46.1%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 円 in your salary will be taxed 46.11 円, hence, your net pay will only increase by 53.89 円.
Bonus Example
A 1,000 円 bonus will generate an extra 539 円 of net incomes. A 5,000 円 bonus will generate an extra 2,695 円 of net incomes.