Japan Inc under pressure to tap huge financial reservesーNHK WORLD-JAPAN NEWS (youtube.com)
Corporate savings reach another record high in Japan. $4.1t in reserves, 5x government budget size. It steadily grows. Japan always sits on its savings, at a rate higher than other places.
They don't know if they can cover the cost of debt with their earnings, so they like having a cash buffer.
#Japan
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