Voices
in
Japan

quote of the day

The fact that companies are spending money on prizes reflects their good corporate profitability. The number of prizes is a gauge of spending on advertising.

4 Comments

Akiyoshi Takumori, an economist at Sumitomo Mitsui Asset Management Co. Cash prizes at this year's sumo tournaments are setting a record. (Bloomberg)

© Japan Today

©2024 GPlusMedia Inc.

4 Comments
Login to comment

Rubbish. Just don't have anything better to invest it in in Japan.

0 ( +0 / -0 )

"The fact that companies are spending money on prizes reflects the free money policy of the central bank."

Fixed.

2 ( +2 / -0 )

Yeah, why rely on stock price values or reported profits when you can gauge their profitability by their ad spending.

0 ( +1 / -1 )

They're making profits at pre 2008 levels and giving less to workers. That's why the recession is going on for so long.

-1 ( +1 / -2 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites