* Wall Street now switches back to earnings season, with two of its so-called "Magnificent Seven" megacap firms - Alphabet ...

The Nikkei reported on Thursday that Google parent Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is making a push into fintech in Japan.

The chart shows the profit margin for Japan (with the US also shown for context), and the key point is that Japanese corporate profit margins have broken out to the highest on record.