Japan Inc. parks $480bn in time deposits despite shareholder pressure
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Japan Inc. parks $480bn in time deposits despite shareholder pressure

Companies

Companies take advantage of higher interest rates, but face inflation squeeze

The total balance of time deposits by corporate Japan is near a 26-year high as companies try to make gains from interest. (Nikkei montage)

NOZOMI OKUBO and SORA KITAJIMA

TOKYO — Japanese companies are making a clear shift toward time deposits to try to squeeze gains out of interest, even as pressure grows from investors to put more toward growth and returns.

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