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Construction Tops Pay Ranking for Japan’s Listed Companies

The average annual salary at 2,681 listed companies in Japan rose by 0.6% to ¥5.99 million in 2017.

Japan’s Corporate Backseat DriversMori Kazuo

It has been common in Japan for retired executives to remain at their companies in loosely defined advisory roles. And some continue to exert influence on management. This distinctively Japanese practice is now under critical scrutiny.

Japan White Goods Shipments Hit 20-Year High in 2017

Tokyo, Jan. 24 (Jiji Press)—White goods shipments in Japan in 2017 grew 2.0% from the previous year to ¥2.3 trillion, hitting the highest level since 1997, an industry group said Wednesday. Shipments grew for the second consecutive year, led by the popularity of models featuring high energy efficiency and high-spec products that can help save time for household work, according to the Japan Elec…

Sharp Returns to TSE First Section

Tokyo, Dec. 7 (Jiji Press)—Sharp Corp., now on track to reconstruct its operations, returned to the first section of the Tokyo Stock Exchange on Thursday, about 16 months after its demotion to the TSE second section. The stock fetched the day's first quotation of ¥3,905, up ¥20 from Wednesday's closing on the second section. However, it lost momentum later to close down ¥80 at ¥3,805, extending…

Japan Listed Firm FY 2017 Profit Seen Hitting Record: Jiji Survey (News)

Tokyo, Aug. 10 (Jiji Press)—Japanese companies listed on the Tokyo Stock Exchange's first section are expected to see their combined recurring profit for fiscal 2017 hit a record high, a Jiji Press survey found Thursday. The profit for the year through March 2018 is projected to rise 6.8% from the previous year, supported by a weaker yen and growth in overseas demand, including from China and t…

Can Sharp Pull Out of Its Nose-Dive?Mori Kazuo

While other Japanese electrical goods manufacturers enjoyed an upturn in fiscal 2014, Sharp posted a loss of over ¥200 billion. Yet its new medium-term management plan fails to include the structural reform it requires.

Japanese Companies Looking Outside the Fold for Executive TalentMori Kazuo

Recent moves by high-profile Japanese corporations to bring in outsiders to serve as chief executive are being hailed as a major shift from the longstanding Japanese tradition of promoting corporate executives from within. What is driving these unconventional appointments, and what are their chances for long-term success in Japan’s deeply entrenched business culture?

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