Investing in japan with corporate governance reforms

With corporate governance reforms deepening, ROE across listed firms has improved markedly. Long-term investors note that governance trends make investing in Japan structurally more attractive. The White House’s July handshake trade agreement with the Japanese government included a pledge from Tokyo to invest $550 billion — more than 10 percent of the country’s GDP in 2024 — in the U.S. over President Donald Trump’s term. In September, the Japanese government released a memorandum of understanding providing more details on the agreement, which startled close observers, other foreign leaders and even some in Japan. However, notice the changing role Tokyo is playing. Within Asia, it is the most vital partner for those looking to contain China’s rise. With the US abandoning its role as the bastion of free trade, Japan, once harried for its trade barriers and protectionist attitude, is increasingly the champion of more open market access. Japan is back? Let us not tempt fate. Instead, with the nation having been ignored for so long, let us be content to say that Japan is here. Bank shares in Japan rose after MUFG upgraded earnings guidance for FY