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Cash-rich Japanese companies come into focus for global funds
Abenomics is pushing firms to redeploy cash with higher dividend payouts, buybacks
Published Mon, Feb 20, 2017 · 09:50 PM
Tokyo
AFTER years of disappointment, a quiet revolution may be underway in the Japanese stock market.
Japan's companies have for years sat on record piles of cash - the equivalent of US$2.4 trillion in September, the most in the world. The issue has been deploying those funds for shareholder benefit.
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