governance/stewardship/fiduciary
October 7, 2015by Investment in Japan
Policies and business activities related to Japan investment opportunities
Business
Japan’s Rail Project Loss To China: Why It Matters For Abe’s Economic Diplomacy And For China’s
“Well summarized article on the situation.”
Policy
Japan Prime Minister Abe Aims for 20% Nominal GDP Growth to ?600 Trillion
Japan PM Abe airs Abenomics 2.0 plan for $5 trillion economy, outlines help for families
“US news article raises the following point “With wages still barely rising, families have tended to save, and increases in demand from monetary stimulus have been weaker than expected.”; whereas WSJ “Loosening the nation’s rigid labor laws and allowing more immigration are seen as effective ways to promote growth”.”
Governance/Stewardship
Toward a Multi-Stakeholder Model of Corporate Governance
VW’s uniquely awful governance at fault in emission scandal
“This article refers to Japan business culture, VW article refers to corporate culture…?”
Recent News
Business
Japan Tobacco Shares Sink After Deal for U.S. Cigarette Brand
Policy
US, Japan and 10 countries strike Pacific trade deal
Japan’s Abe set to keep allies in key posts as attention returns to economy
GPIF
GPIF’s smaller clones seen as savior to BOJ as it runs out of bonds to buy
GPIF’s selection of international fixed income investment managers
World’s Biggest Pension Fund Is Moving Into Junk and Emerging Bonds
?Economy
Abe, regional leaders use U.S. visit to showcase Japan
Recession Specter Rises in Japan as Industrial Output Slumps
Tankan Outline (September 2015)
Japan big manufacturers’ mood worsens in Q3 – BOJ tankan
Japan’s Q3 tankan large manufacturers index sinks
Japan’s Future Demographic Challenge
Monthly Report of Prospects for Japan’s Economy (October_JRI)
Monthry Economic Report(mizuho-ri)
Mid – to Long – term Economic Outlook(mizuho-ri)
Market
Japan must not repeat 1980s ‘bubble’ era fiscal expansion: finance ministry
BOJ
BOJ taking a sad CPI, making it better
BOJ leaves policy unchanged despite signs of recession, focus on Kuroda
Governance/Stewardship
UBS Says Japan Cross-Shareholdings Show Manager Incompetence
Bloomberg: “Zero Tolerance? Toshiba Tries Opposite in Accounting Scandal”
Toshiba Accounting Scandal Highlights Issues in Corporate Governance