ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Japanese listed companies reported a record 251.6 trillion yen in retained earnings at the end of fiscal 2016.
Economy

Japan's misinformed debate on retained earnings

Upstart political party calls for taxation as corporations hoard money

| Japan

TOKYO -- "Retained earnings" has become a headline phrase in Japan as the newly formed opposition Party of Hope has begun calling for taxing the funds in the lead-up to Sunday's lower house election. That idea, though, is not new, and debate is often rooted in misunderstandings of what these funds really are.

Listed Japanese companies amassed about 251.6 trillion yen ($2.21 trillion) in retained earnings at the end of fiscal 2016, an all-time high. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more