Bridgestone Corp., the Tokyo-based tiremaker, found that presentations and discussions went much smoother after its top managers began conducting some meetings in English instead of Japanese beginning last year.
Prime Minister Shinzo Abe has been urging Japan’s companies to spend their growing piles of money to bolster the country’s economy. Toyota Motor Corp., with cash swelling to about $37 billion, is beginning to comply.
Prime Minister Shinzo Abe faces rising pressure to expand tax relief for Japan’s companies after the longest slump in business investment since 2009, setting up a potential battle with the Finance Ministry.
Nikkei 225 Stock Average futures surged on June 7, signaling Japanese shares may arrest a three- week, $600 billion slump, according to Baring Asset Management Ltd., AMP Ltd. and Dai-Ichi Life Research Institute Inc.
The Abenomics euphoria that’s boosted the Japanese stock market 31 percent this year has yet to convince chief executives to invest more in factories and equipment in the world’s third-largest economy.
NTT DoCoMo Inc., the only major Japanese carrier not selling Apple Inc.’s iPhone, is trying to stem market-share losses by using its own voice-recognition app to woo the nation’s fastest-growing demographic: the elderly.