Tue, Nov 19, 2013 - Page 15 News List

Japan profits as CEOs pace recovery

HARD DECISIONS:Cost-cutting CEOs have increased corporate earnings through bold restructures at Panasonic Corp, Mazda Motor Corp and Toyota Motor Corp

Bloomberg

To add momentum to the recovery, Abe is backing legislation in the parliamentary session ending on Dec. 6 for tax incentives to encourage corporate investment and the establishment of strategic economic zones for reduced business regulation.

Abe needs to motivate companies that are still in cost-cutting mode, Ito said.

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