Japan's Profit Recovery

[Dennis Robert Redmond]

On Wed, 13 Dec 2000, Peter Dorman wrote:

> Thanks, Dennis.  Can you provide some references?

The Nikkei Weekly has regular updates here; their November 27, 2000
issues, page one, says that net profits for 1,408 listed companies in
Japan's Nikkei index swung from a loss of 2.31 trillion yen in 1998 (about
$21 billion US) to a profit of 3.72 trillion in 1999, and then 7.83
trillion in 2000. Pretax profits are probably 50% higher than this,
judging from what I've seen in individual company accounts in the Toyo
Keizai Japan Company Handbook (available in most university libraries, or
see http://www.toyokeizai.co.jp/english/). Even Nissan is reporting record
profits these days.

-- Dennis