Generated with AI While Japanese stocks have had a banner 2023 and are off to a good start in 2024, the opportunity in Japan remains compelling.
Especially in the dirt cheap small cap space.
You can still buy net-nets with 20 years of net income profitability for under 9x earnings , Nichia Steel (TYO 5658) remains a double net-net , and even non net-nets like Nissin (TYO 9066) which announced a big buyback (18% of outstanding shares) trade at 0.
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