October 19, 2012

Japanese companies sitting on an estimated US$140 billion in net cash according to article



Picture: Japanese currency - A 10,000 yen note




"Companies in Japan's Topix index, excluding financials, have $US 140 billion in net cash on their books and that has risen this year according to Capital IQ"



Source: Acquisitive Japan has a pretty woeful record
The Lex Column
Financial Times
The AuUstralian Financial Review
Friday 19th October, 2012, page 19.

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