TOKYO -- The share of Japanese corporate profits going to workers has dropped to the lowest level in 51 years, Nikkei has found, indicating record earnings are not being allocated toward higher wages.
Globalization of corporate activity contributes to smaller piece of pie for labor

Japanese workers won historically high raises this year, but their share in corporate profits has declined. (Photo by Yuji Murakami)
TOKYO -- The share of Japanese corporate profits going to workers has dropped to the lowest level in 51 years, Nikkei has found, indicating record earnings are not being allocated toward higher wages.