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© KYODOMajor Japanese firms expect record combined profit in fiscal 2017
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© KYODO
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biswarup5
God Bless Japan's Corporate economy .
Whatsnext
The Trump Effect!
Cricky
Looking forward to the trickle down to me! That's how it works right?
JeffLee
Well, one a goal of Abenomics - a shift toward shareholder capitalism - is certainly bearing fruit. What Abe didn't count on was the corporations would hoard their profits instead of giving raises in line earnings growth. Raises are part of the old-school business model.
Welcome to capitalism in the 21st century. A race to the top for the 1%. A race to the bottom for the rest of us. Gee, and people wonder why things like Brexit happen.
fxgai
Must do better. Need innovation rather than a paupers currency.
sf2k
what's the ratio of profits to deaths?
Akshay Malik
i am bracing myself for another 1000 yen annual wage hike in next fiscal
ThonTaddeo
This is exactly what Abe was counting on.
Pukey2
I couldn't care less about the companies. How does this affect the ordinary Taro?
Robert Dykes
"i am bracing myself for another 1000 yen annual wage hike in next fiscal"
Are you kidding? Back when I worked for a blacklisted uni, they gave us a whopping 2300 yen annual raise.
GW
And now we will hear something along the lines of,.... ok we had a good year BUT we must see if this is ""sustainable"" before we can consider even minimal wage increases.
This BS has been going on for over 30yrs now WORLDWIDE, during that time the rich have vacuumed up an obscene amount of wealth & they think they have earned it.................
There needs to be a serious re-think as the masses are not going to take this &%^&^ for much longer without it getting NASTY!!
1%ers YOU have been warned!
ThePBot
I wonder how much this profit would be AFTER all of the accounting anomalies is straightened out?
ArtistAtLarge
Record profits, labor shortages, yet no raises?
Noliving
Yes, did you invest your money in Stocks/Equities of Japanese companies? If the answer is yes then absolutely it is trickling down to you.