TOKYO -- Japanese corporations reinvested 10.57 trillion yen ($67.8 billion) of overseas profits abroad last fiscal year, more than triple the amount a decade earlier, new government data shows.
Government seeks to encourage repatriation to spur demand for yen
Less profit earned by Japanese companies abroad are flowing back to Japan. © Reuters
TOKYO -- Japanese corporations reinvested 10.57 trillion yen ($67.8 billion) of overseas profits abroad last fiscal year, more than triple the amount a decade earlier, new government data shows.