The Nikkei Asian Review meanwhile reports that listed Japanese companies are set to pay record returns to stakeholders, as much as 10 trillion yen ($83.8 billion) in fiscal 2014. It notes that while “more than 90% of companies on the first section of the Tokyo Stock Exchange bumped up [employee] compensation in fiscal 2014,” there is no clear indication that this increase was anywhere close to what was given to shareholders or reinvested, as the 3 percent sales tax increase this year has bitten into wage earners’ purchasing power.
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