Toyota quarterly profit rises 13.5% on weak yen

It was always the case that QE was intended to improve the profit conditions of corporate giants like Toyota, while screwing the lower classes because of higher prices for consumer goods, especially food.

It will still be "too soon" for anything more than a derisory pay rise for Toyota workers (other than managers, of course).

warispeace, you are too harsh. There are reflationists with influence on those in power who do actually believe, even today, that "printing money" will make Japan's economy great again, as if that is all there is to it.

Of course they have been proven well-and-truly wrong at this point, although they refuse to admit it, and instead seek to blame an ever-so-slightly-deficit-shrinking 3% hike in sales tax for everyone's woes, while ignoring the effects of the 30% depreciation in the relative value of the currency that their policies have brought about.

What the economy needs is actual growth from policies that work, not make-believe, failed central planning policies that don't.

But here's one for you, warispeace: http://www.bloomberg.com/news/articles/2015-11-05/boj-survey-data-reveals-signs-of-growing-inequality-in-japan

But RiskyMo, how any business decides to pay its workers is the business's business.

Workers will get paid more when there is raging demand for the valuable labour that they provide, and they are willing to do what it takes to get those higher wages.

Abe needs to enact policies that will a) nurture such raging demand from those taking the risks of operating or having a stake in a business, as well as b) incentivize workers to switch jobs away from zombie companies to successful ones.

Abe just decreeing what outcomes should occur is futile. Abe is not supreme overload of Japan, he is just the "prime" minister.

Abe needs to enact policies that will a) nurture such raging demand from those taking the risks of operating or having a stake in a business, as well as b) incentivize workers to switch jobs away from zombie companies to successful ones.

LOL!!! The way to fix the Japanese economy is to "nuture" demand for more investment spending so that companies will produce more products that they can't sell because there is not enough demand. Yeah, that'll work! And "incentivize" workers to move to more successful companies. Like it has never occurred to anybody to do that before and they need "incentives". Yeah, that'll work too.

LOL!!! The way to fix the Japanese economy is to "nuture" demand for more investment spending so that companies will produce more products that they can't sell because there is not enough demand. Yeah, that'll work!

There's one in favour of keeping on with the failed policies of the past 25 years. (Exactly how much demand do you think there was for smartphones before entrepreneurial spirits developed them and put them on the market?)

And "incentivize" workers to move to more successful companies. Like it has never occurred to anybody to do that before and they need "incentives".

A surprisingly clueless comment. This is Japan, land of the storied "lifetime employment system".

Give every employee a car for their hard work.

Plenty of tax income for the local municipality, Aichi prefecture and the Japanese government I suppose.

I do hope that Toyota's employees share in this result as well