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Better returns key to Japan's stock market momentum

TOKYO -- Japanese companies have started delivering better shareholder returns, but they still have work to do if they are to catch up with their foreign counterparts and keep the country's stock market on an upward trajectory.

     Tokyo stocks have been seesawing since last week, when the Nikkei Stock Average surpassed the 20,000 mark for the first time in 15 years. To keep the momentum going, a positive stance on shareholder returns is crucial, especially as the downturn in bond yields worldwide turns investors' focus toward stocks.

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