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Japan is home to many well-known companies, (think Sony and Toyota) that have balance sheets flush with cash. More than half of Japanese companies have net cash positions on their books, compared to just 10 to 20 percent of most companies in the Western developed world.

Smell is important. It shapes many of our physical sensations that impact us deeply and directly. Companies are working diligently to further your sense of smell directly to the internet. And while your online experience today does not involve digital scents, it will in the next few years. You can bank on it.