TOKYO -- The return on equity for Japan's largest companies will surpass 10% as earnings continue to expand at machinery and appliance makers while businesses increasingly snap up their own shares, according to projections for fiscal 2018 from the four major brokerages here.
The projections also see the collective ROE for nonfinancial corporations on the Tokyo Stock Exchange's first section reaching 9.3% for the current year ending in March, continuing a trend of increases over the past several years.
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