Japan: "Domestic companies have bought a record ¥6 trillion ($38.8 billion) of their own shares this year as of Nov. 8, exceeding ¥4.9 trillion of purchases in 2023 ... They are on track to be the largest buyers of domestic stocks this year." @yasutaka_tamura via @zerohedge https://t.co/0WMN3Dj15r
Listed companies in Japan have offered buyouts to nearly 10,000 employees so far in 2024 -- roughly triple last year's number -- as weak earnings push more businesses into reducing staff. https://t.co/UWifFmtiaH via @NikkeiAsia
Listed companies in Japan have offered buyouts to nearly 10,000 employees so far in 2024 — roughly triple last year's number — as weak earnings push more businesses into reducing staff. https://t.co/mQQhbBOF6T https://t.co/g5ASHUz7CU
In 2024, employee buyouts in Japan have surged, with listed companies offering buyouts to nearly 10,000 employees, a figure that is approximately three times higher than the previous year. This increase is largely attributed to weak earnings, prompting businesses to reduce their workforce. Concurrently, overseas companies have shown increased interest in acquiring Japanese businesses this year. Additionally, domestic companies have made record investments in their own shares, purchasing ¥6 trillion ($38.8 billion) as of November 8, surpassing the ¥4.9 trillion in 2023. This trend indicates a significant shift in the corporate landscape in Japan, with companies taking proactive measures in response to economic pressures.