A Reuters Corporate Survey reveals that under a third of Japanese boards plan to boost shareholder returns this year, despite record-high cash balances and a major slowdown in share buybacks.
Tokyo at sunset. Photo: Rudy Balasko, Shutterstock
Less than one-third of Japanese boards are planning to increase shareholder returns this year, although their cash balances are at record highs, according to a new poll from Reuters.
This comes at a time when Japanese firms have shown a major slowdown in share buybacks. Japan’s prime minister Shinzō Abe has pushed Japanese public companies to return more capital to shareholders as part of his efforts to improve corporate governance and help Japanese companies attract foreign capital.
The results are debatable, although Goldman Sa
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