Citywire - Activist Nippon takes advantage of Japan's shrinking market

The number of stocks listed in Japan is likely to halve over the next decade, but NAVF sees opportunities rather than problems. Rising Sun Management’s Paul ffolkes Davis, chairman of the investment advisor to NAVF, said Japan’s Financial Services Agency told him at a recent meeting that it expects the 4,000 companies listed on the Japanese stock market to halve in the next 10 years.

However, ffolkes Davis added: “We do not think it will take that long”, given inflation has returned and the current prime minister Sanae Takaichi’s “expansionist policies are only likely to stoke it further.”

“NAVF is not running out of road, indeed it has increasing opportunity,” he said.

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Citywire – Activist Nippon takes advantage of Japan’s shrinking market