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Japanese listed companies reported a record 251.6 trillion yen in retained earnings at the end of fiscal 2016.

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. 

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