The criterion for loans in Japan was not corporate profitability but bureaucrats' ability to drive up real estate prices.
High interest rates can also cut into corporate profitability.
Then there is a growth phase, in terms of improved economic activity and corporate profitability.
"We are bound and determined to explore all options to improve our corporate profitability," he said.
Both options would lower corporate profitability, which in turn would mean fewer jobs for Americans of all races.
Earlier this month, the company said that it was continuing to explore all options to improve corporate profitability.
The economic logic is to reduce costs, sometimes called labor arbitrage, to improve corporate profitability.
That consulting group came to realize earlier than others how important market share was to corporate profitability.
We have gone too far in squeezing the worker to boost corporate profitability and competitiveness.
Three months ago we were more optimistic, as corporate profitability surged.