Japanese firms awash with money, but not spending

April 5, 2015 4:45 AM

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Japanese companies remain unwilling to use QE cash for new investment, a major hurdle to Prime Minister Shinzo Abe's economic revival plan.

Hirotoshi Ogura, a self-described "factory geek", is Daikin Industries' grasp of undertaking more with much less - and aspect of the explanation Japan's restoration stays trapped in the slow lane.

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