BENEFITED BY THE WAR
Tho extent to which Japanese traders have benefited by the war is disclosed by figures given in the "Japanese Times." It states that for the half-year ended June 30 the combined net profits of .68 leading firms in Japan amounted to ,£9,241,000, and the average dividend was 15.8. per cent. The lion's share was obtained by shipping concerns, seven of which account' for .£2,527,000. Eight sugar companies obtained .£1,810,000 on a capital of £5,477,000, and cotton companies earned £1,356,000 on a capital of .£6,191,000. All the concerns included in the investigations have increased their dividends in proportion to their' expanded incomes, and, at the same time, large additions have been made to their reserves. With these results in front of them it is not surprising that taxpayers suggest that a levy should be made from war profits. - -
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Dominion, Volume 10, Issue 2962, 28 December 1916, Page 6
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141BENEFITED BY THE WAR Dominion, Volume 10, Issue 2962, 28 December 1916, Page 6
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