3 days ago
Investors Seek Bigger Payouts From Japan Tech's Cash Hoard
Increasing pressure on Japan's technology firms to return more cash to shareholders may spur the next phase of corporate reforms that helped drive the nation's stock market to record highs.
Keyence Corp. management faced questioning from analysts at its recent results briefing on why it wasn't distributing more from its ¥2.7 trillion ($18 billion) pile of assets. Earnings from the factory-automation company also failed to meet high expectations, and its shares dropped the next day by the most in four months.