Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Thematic (Sector/Industry)

Japan Industrials / Thematic (Sector/Industry)

<ul>
<li>
Risk-Off overnight: US equities fell as yields and oil rose, with AI capex jitters resurfacing after weak Sandisk/Western Digital earnings.</li>
<li>
Japan earnings season in full swing: strong beats/raises across semis, industrials and consumer names, but the market rotated away from crowded AI plays toward names with clearer earnings visibility.</li>
<li>
What to watch today: further AI/semicap de-risking vs. domestic earnings rotation, with USD/JPY and bond yields as the key drivers.</li>
</ul>



Risk-Off overnight: US equities fell as yields and oil rose, with AI capex jitters resurfacing after weak Sandisk/Western Digital earnings.

Japan earnings season in full swing: strong beats/raises across semis, industrials and consumer names, but the market rotated away from crowded AI plays toward names with clearer earnings visibility.

What to watch today: further AI/semicap de-risking vs. domestic earnings rotation, with USD/JPY and bond yields as the key drivers.


Ohayo Japan | De-Risking