boj minutes, 2021-09-22
The high level in current profits was attributable to (1) an increase in dividends from subsidiaries following, for example, overseas businesses having been favorable, (2) a reduction in selling, general and administrative expenses -- such as advertising and business travel expenses -- during the COVID-19 pandemic, and (3) the underpinnings of various fiscal support measures.
Sentiment: neutral
Topic: mp_economic_activity