Japan’s economy may be in the doldrums with a deepening recession, but one sector is making serious headway with reforms.
“What’s really exciting in Japan is the big changes in corporate governance. Corporate leaders are now buying back shares and raising dividends,” Jesper Koll, MD & Head of Japanese Equity Research at JP Morgan told CNBC this week.
Publicly traded companies in Japan, known for stingy shareholders rewards and cash hoarding, are changing their ways, with dividend payouts set to hit a record 7.3 trillion yen in the 2014 fiscal year, according to the Nikkei Asian Review.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.