JAPANESE COMPANIES’ RETAINED PROFITS HIT A RECORD HIGH IN FISCAL 2019

Highlights –

• Japanese companies’ retained profits hit a record high in fiscal 2019.
• Retained corporate profits in the year through March rose by 2.6 percent.
• Pretax profits of domestic companies plummeted by 14.9 percent.
• Japanese companies’ performances were impacted in the January-March quarter when the virus began to spread.

The Japanese....