Business Sep 4, 2018

Japanese firms' internal reserves grew to record high in fiscal 2017

The internal reserves of nonfinancial companies grew at a faster pace than their capital expenditures did during fiscal 2017, which ended in March, Finance Ministry data showed Monday. The result may draw complaints from Finance Minister Taro Aso, who has expressed displeasure at the slow ...

Business Jul 26, 2013

Big firms hike reserves, not wages

Major companies are accelerating the buildup of internal reserves and limiting wage hikes despite Prime Minister Shinzo Abe's call to raise wages to overcome deflation, according to a Kyodo News survey. At the end of March or May, internal reserves at 30 major firms had ...