Japan Inc. doubles profit on quick cost-cutting moves

/ Nov 18, 2013

Japan Inc. doubles profit on quick cost-cutting moves

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Companies that made tough decisions about exiting businesses, closing factories and revamping management led to a doubling of corporate earnings last quarter, now at the highest level since 2007. Net income jumped to about ¥5.5 trillion at more than 1,280 of the largest listed nonfinancial ...