TOKYO -- Return on equity at Japan-listed companies is projected to slide to the lowest level in five years as cash holdings mount, with accumulated profits outpacing growth investments and shareholder returns.
Country continues to lag behind US, European peers in capital efficiency

Komatsu expects its ROE to fall from last year as profitability takes a hit from the strong yen and U.S. tariffs. (Photo by Kensho Motowaki)
TOKYO -- Return on equity at Japan-listed companies is projected to slide to the lowest level in five years as cash holdings mount, with accumulated profits outpacing growth investments and shareholder returns.