A Quiet Revolution May Be Underway in Japanese Stocks
- Mindset on ROE is being shaken up by officials, asset managers
- ‘This trend will only accelerate from here on in’: investor
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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 $2.4 trillion in September, the most in the world. The issue has been deploying those funds for shareholder benefit.