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.