business

Major Japanese firms expect record combined profit in fiscal 2017

14 Comments

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God Bless Japan's Corporate economy .

0 ( +1 / -1 )

The Trump Effect!

-1 ( +2 / -3 )

Looking forward to the trickle down to me! That's how it works right?

3 ( +5 / -2 )

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.

6 ( +8 / -2 )

profit for the current business year is based on the premise of the weak yen

Must do better. Need innovation rather than a paupers currency.

1 ( +2 / -1 )

what's the ratio of profits to deaths?

3 ( +4 / -1 )

i am bracing myself for another 1000 yen annual wage hike in next fiscal

5 ( +6 / -1 )

What Abe didn't count on was the corporations would hoard their profits instead of giving raises in line earnings growth.

This is exactly what Abe was counting on.

-2 ( +0 / -2 )

I couldn't care less about the companies. How does this affect the ordinary Taro?

4 ( +6 / -2 )

"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.

3 ( +3 / -0 )

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!

1 ( +3 / -2 )

I wonder how much this profit would be AFTER all of the accounting anomalies is straightened out?

1 ( +3 / -2 )

Record profits, labor shortages, yet no raises?

2 ( +2 / -0 )

Looking forward to the trickle down to me! That's how it works right?

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.

0 ( +0 / -0 )

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