Japan companies reap nearly $56bn from 3 years divesting

TOKYO — Japan's listed companies are at their highest since the 2008 global financial crisis as they look to put shareholders' money to better use.

In the last fiscal year alone, the number reached nearly 2.5 trillion yen, the third largest after fiscal 2018 and fiscal 2022, which was led by Toshiba in 2018 and Hitachi and Marubeni in 2022. has seen large sales, cash flow statements show. The figures do not include cross-shareholdings and short-term securities.

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