• Kyodo News


Sixteen top manufacturers including Toyota Motor Corp. and Canon Inc. built up hefty retained earnings — totaling around ¥33.6 trillion — at the end of September, double the amount at the end of March 2002, just before the economy entered a recovery phase.

The figure, taken from results of a survey by Kyodo News released Tuesday, suggests the companies are retaining earnings from their boom years rather than earmarking them to maintain jobs.

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