Business / Corporate Jun 20, 2019

Japan corporate income hit record high in fiscal 2017

The total income of profitable companies in Japan grew 14.3 percent in fiscal 2017 from a year before to a record ¥67.944 trillion, an estimate by the National Tax Agency showed Wednesday. Corporate spending on items such as entertainment expenses rose 5.1 percent to ¥3.810 ...

Tax agency may narrow definition of 'Japanese sake'

National Jun 10, 2015

Tax agency may narrow definition of 'Japanese sake'

The National Tax Agency is considering defining "Japanese sake" as a home-brewed alcoholic drink made from Japanese-grown rice in order to differentiate it from foreign-brewed sake, according to sources. The agency is mulling the definition to improve the brand of Japanese sake and help give ...