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Stocks

Japan's stockholder-incentive bubble fizzes up

Retail investors snap up listed companies offering benefits despite inflated prices

Many retail investors gather at an exhibition on shareholder incentives from listed companies, at the Tokyo Stock Exchange on March 24.

TOKYO -- Japan Inc. is on a stockholder-incentive spree, with the number of listed companies implementing shareholder benefit programs continuing to hit record highs.

As of March 29, 1,375 companies, or roughly one-third of all listed Japanese companies, were giving their shareholders their products and other items as gifts under such programs, according to a survey by Nomura Investor Relations.

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