Firms expected to increase ordinary profits by 50%

ON JAPAN

Tokio Marine's Yoshihisa Nakagawa explains that Japanese companies are capable of making profits despite the yen being at such a high to the dollar

The only major equity markets that have delivered worse returns than Japan year-to-date are southern European countries such as Spain and Greece and foreign investors, who yield significant influence over the Japanese market and have distanced themselves from Japan. There are numerous reasons why foreign investors have done so. These include economic slowdown, European fiscal concerns, appreciation of the yen, declining and ageing population, budget deficit, unstable government, geopolitical risk and capital increase risk. However, it is important to divide these issues into structural a...