CompaniesJapan Inc. plans record dividends of $118bn amid reform pressure
Companies court retail investors as cross-shareholding are unwound
The Tokyo Stock Exchange has been urging listed companies to improve capital efficiency. (Photo by Mizuho Miyazaki)
MOMOKO IMAMURA and HIDEAKI HIGASHIURA
January 30, 2025 02:18 JST
TOKYO -- Japan's publicly traded companies are expected to pay a total of 18.3 trillion yen ($118 billion) in dividends for fiscal 2024, topping records for the fourth straight year as calls grow for corporations to use their capital more efficiently.