Japan: Upcycle Intact
Following 3Q’s contraction, economic activity rebounded in the final quarter of 2018 led by investment spending. Global trade tensions and the...
593 Views
Japanese Firms - Growing Resilience, Overweight Equities
We are overweight Japanese equities and a lot more optimistic than the government and Japanese companies about the outlook for growth and corporate...
551 Views
Japan Wages & Consumption - Catching up Finally!
We are overweight Japanese equities. It is one of our high conviction calls for 2018.Growth faltered in the first quarter, but that was an...
211 Views
Japanese Capex - Of Japanese Firms and Indian Mothers
‘Modesty is a virtue’ is a value clearly Japanese companies believe in and one that my mother tried hard to inculcate in me albeit a slightly...
270 Views
Japan Entering a New Era of Capital Efficiency
For years, ROE among Japanese companies languished in low single digits. No more. The average ROE rose to 9.1% in the fiscal year 2017, clearing...
327 Views