Suga or Suga-free, Japan's corporate governance reforms are not for turning

Tokyo stock exchange undergoing changes

clock • 4 min read

Japanese PM Yoshihide Suga surprised the world last month with the news that he would not be running for re-election as leader of his Liberal Democratic Party.

At the time, many highlighted that Suga's replacement could greatly increase the LDP's chances of winning Japan's next general election while also boosting economic stimulus.  And, as a result, the country's Nikkei index quickly rocketed to its highest level since mid-April while the Topix vaulted to highs unseen since 1990. As investors, we of course recognise that any leadership change will always have an impact on the way a nation and the companies within it are run. However, in this case, we believe that one area that will likely remain outside the influence of Suga's replacement, Fu...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Asia

This new index features a less heavy financial skew, instead aiming for a greater balance, with a higher allocation towards healthcare and new energy companies.

China unveils new blue-chip index in bid to boost investment in Beijing listings

CSI A50 index

Eve Maddock-Jones
clock 05 January 2024 • 1 min read
Peter Tasker (pictured), co-founder and strategist at Arcus Investment

Arcus Investment's co-founder: Japanese renaissance

2024 Japan outlook

Peter Tasker
clock 22 December 2023 • 4 min read
Partner Insight: Will hostile takeovers boost Japan's appeal in 2024?

Partner Insight: Will hostile takeovers boost Japan's appeal in 2024?

Shifting mindset around corporates structures is helping Japan to rally; but for how long? Watch our latest series, Investment, Talks: Japan

Hardeep Tawakley
clock 23 November 2023 • 1 min read
Trustpilot