Third Arrow Strategies and the Japan Board Diversity Network的动态

"If you truly are going to become of size, you need to be global." Japan's NSSK (日本産業推進機構) (Nippon Sangyo Suishin Kiko) would consider partnering with a global firm seeking to expand their local capabilities in one of Asia’s hottest markets, according to chief executive and chief investment officer Jun Tsusaka. “I do think there will be a day where one of the global firms will say, ‘Why don’t we bring this into our fold?’,” he added. “Do I think that there are synergies and reasons for that? I think the answer is yes." Read more: https://lnkd.in/gqbhF7qP

It is good to be in Tokyo. Japanese voters head to the polls today for the general election. It is uncertain whether the ruling Liberal Democratic Party will retain its hold in the House of Representatives. Yet, regardless of the election results, Japan’s economic climate is likely to remain challenging for certain mid-sized companies, many of whom are turning to foreign capital to ensure stability and growth. Here’s why: ? 1. Ageing business owners and succession issues: Japan has one of the world’s oldest populations, with many business owners facing succession challenges. This prompts owners to consider ceding management control as a path to secure the company’s future and protect employee livelihoods. ? 2. Modest domestic market growth: With limited domestic growth prospects, Japanese companies increasingly look for global growth, but often lack the resources or networks to expand effectively. 3. Need for technological and digital transformation: Traditional Japanese firms, especially in manufacturing, retail and logistics, often struggle with digital transformation. ? Sectors ripe for transactions include: ? 1. Manufacturing and advanced technology: Japan’s strength in precision machinery, robotics and automotive components makes it a valuable target for foreign acquirors seeking technological expertise. ? 2. Healthcare and pharmaceuticals: Japan’s ageing population pushes demand for healthcare innovations, making companies in pharmaceuticals, medical devices and health tech attractive targets. ? 3. Food and beverage: Known for quality and innovation, Japan’s food and beverage brands have strong appeal. Companies from sake breweries to health foods seek international growth but often lack the capital and expertise to expand alone. ? 4. Consumer goods and hospitality: Japanese brands in consumer goods, crafts and hospitality attract international attention, particularly as the tourism industry rebounds. ? Crimson Phoenix specialises in bridging cultural and operational gaps for international investors, facilitating seamless M&A transactions for mid-sized Japanese companies. Our team’s deep understanding of Japanese and Western business practices allows us to source and structure deals tailored to each investor’s strategy, ensuring that each acquisition is both financially sound and culturally harmonious. ? By partnering with Crimson Phoenix, foreign investors access a skilled team with a robust local network and expertise in cross-border M&A. We ensure that each transaction supports both financial and operational success, building lasting, productive partnerships in Japan. ? #CrimsonPhoenix #MergersAndAcquisitions #Japan #InvestmentOpportunities #CrossBorderM&A ?

The Changing Asian Landscape: Japan Enters a New Era "We believe the train has already left the station and that pressure is mounting on companies to “stay on board” and follow through on changes that many did not even contemplate years ago. Helping this process is the generational change of management, as a new guard emerges that is thinking more progressively about corporate practices. This comes with improving macroeconomic fundamentals, including the potential for a virtuous cycle of wage and inflation growth, which has helped drive recent gains. So much is happening all at once, and it’s bound to be an interesting time for Japanese markets." Thank You Kei Okamura at Neuberger Berman for this great piece. #japan #asia #landcsape #newera #changes #corporate #innnovation #growth #virtue #market #familyoffice #generation #management Japan - The Government of Japan Cabinet Office, Government of Japan Nemesis Technologies Capital Partners Minka Estates Inc. Pierre Mauriès

This week at AllianzGI, we are celebrating our 20th anniversary in #Japan ??. I would like to congratulate our team in #Tokyo for establishing a highly-successful and trusted franchise in the country. To our clients and partners, we say: ありがとう ございます! (Thank you!) ? Japan is a top priority for #AllianzGI. As we reflect on how our business in Japan has grown over the last 20 years and look ahead to what the next two decades might bring, Here are 10 reasons we believe Japan will matter more than ever: ? ?????? "???????? ??????????????" ?????? ???????? – This year, the Nikkei finally surpassed its 1989 peak. ?? ?????????????????? ???? ?????? ???????? – Encouraging millions of Japanese citizens to invest and save. ?????????????? ???????????????? ???????????????? – Overseas net inflows in 2023 of ￥7.69tn show the attractiveness of Japanese stocks. ?????????????????? ???????????????????? ?????????????? ???????????? ???????????? ??– opening up more efficient deployment of capital. ?????????????????? ???????????? – GDP growth through H2 2024 and 2025 is likely to exceed the potential growth rate. ???????????? ?????????????????? – Expected to remain at or near the 2% target over the medium term. ?????????????? ?????????? – Set to outpace both inflation and GDP growth, boosting household spending and investment. “??????????????????????” ???????????????? ?????? ???????????? ???????????? – tightening underway after sustained interventions on rates, QE, and energy. ?????????????????????? ???????????????? ????????????????????? – driven by improved profits and sentiment. ?????????????????????? ?????????????? – especially to the EU and China, driven by the weak yen.? ? We think some key areas of business investment to watch out for include labour automation, #digital, #decarbonisation, and strengthening #supplychains. ? That's not to say there aren't headwinds. Government intervention to support the falling yen is underway, consumer confidence has come off its recent highs, housing and public investment are relatively weak, and Japan's exporters are exposed to global economic conditions. Female labour force participation has improved significantly, but is still behind that of leading examples. More could be done to encourage investment in Japanese markets. And corporate governance is a work in progress. ? Overall, however, Japan remains a remarkable country, full of opportunity. Under the leadership of Taro S., we think #AllianzGI is a true partner to local and global investors. Here's to the next 20 years! ? #TeamAllianzGI #Japan

“Japan is home to one of the world’s largest populations of millionaires, but to unlock potential, we must connect this wealth to Japan’s business opportunities.” – Keiichi Aritomo ?? Dive into insights from #GlobalAltsAsia on Japan's growth drivers, tech innovation, and strategies attracting foreign investment. ?? Watch the full discussion here: https://lnkd.in/eYcRZT2k

?? Japan’s Economic Revival: Key Takeaways from Mr. Daiju Aoki’s Presentation at GGI Worldwide Conference in Tokyo ?? Mr. Daiju Aoki, the Regional CIO and Chief Economist for Japan at UBS’s Wealth Management, provided an insightful look into Japan's economic trajectory, emphasizing that the "lost decade" may finally be behind us. His forecast for a brighter future is rooted in pivotal shifts, driven by focused reforms in four essential areas: 1. Corporate Governance Reforms – Enhancing capital efficiency through doubled buybacks and prioritizing higher returns on equity to attract greater equity flows. 2. Energy-Saving Technology – Japan’s manufacturing sector is set to advance through innovation in energy efficiency, with leadership in hydrogen, automotive batteries, and carbon recycling. 3. Tourism – Enormous potential for growth by boosting tourism's value-added impact as Japan emerges as a more attractive destination. 4. Wealth Management & Healthcare – A substantial shift in consumer behavior as wealth accumulation and healthcare expenditures become key drivers of economic activity. Mr. Aoki’s strategic insights highlight Japan's potential for transformation and growth. Looking forward to witnessing these changes unfold! Protemus Capital GGI | Global Alliance GCG | Geneva Capital Group #GGIConference #JapanEconomy #CorporateGovernance #EnergyEfficiency #Tourism #WealthManagement #Healthcare #EconomicGrowth

?????????? It was a great pleasure to host Chief Executive Director Raimund Roeseler from BaFin and discuss Japan's dynamic landscape, its economy, and political developments. #Japan and #Germany share fascinating parallels. Both nations are global economic #powerhouses with a strong manufacturing legacy, robust export sectors, and a commitment to innovation. Our shared values—emphasis on quality, resilience, and collaboration—have built deep connections over the years. #Strengths ?? Japan remains a leader in technology, with advancements in robotics, AI, and green energy solutions inspiring industries worldwide. ?? The nation is making strides in sustainability, with ambitious targets for carbon neutrality by 2050. ?? Japan continues to demonstrate stability and plays a key role in fostering peace and cooperation in the Asia-Pacific region. #Challenges ?? A declining population and aging society pose unique social and economic pressures. ?? Balancing tradition with innovation is a constant challenge, but one that also inspires creative solutions. ?? Ensuring economic growth amid global uncertainties and evolving trade dynamics requires careful navigation and adaptability. ? The discussions highlighted not only these aspects but also opportunities for collaboration between our two countries. By addressing shared challenges like digital transformation, demographic shifts, and climate action, Japan and Germany can lead the way in creating sustainable solutions for the future. Looking forward to many more conversations fostering partnership and progress! #GermanyJapan #Innovation #GlobalPartnerships #EconomicInsight #Sustainability #CiC

Investors in Japan have a lot of power; the trouble is, they don’t use it. There’s no such thing as a staggered board, like they have in the US. In Japanese annual general meetings, you have a binding vote on every board member together - in almost all companies that’s every year. If you don’t like management, you can fire the lot of the bums - all, on one day. Last year, a number of CEOs looked in imminent danger of ejection, with re-election support rates barely over 50%. Most were actist targets being targeted for shamefully stodgy balance sheets. What happened to those bosses this year? Their support exploded upwards - *without the problems being rectified*. Sadly, most investors lack the staying power for effecting behavioural change. In the immortal words of Jack Nicholson, “you can’t handle the truth”. But there were some dramatic wins and losses.. For clients, see ‘AGM post-mortem’: https://lnkd.in/gjsRPr_E #japan #japanbusiness #corporategovernance #activism #equities #equitystrategy

Japan remains a conservative country, where large corporations often hesitate to make bold decisions. This conservatism is reflected in several key areas: - Risk Aversion Among CEOs - Export Limitations, Japan is relying heavily on competitive pricing rather than differentiation. - Reduced Investment in HR ??Positive Aspects of Japanese Conservatism Advantages: - Cultural Preservation and Technological Innovation undiscovered by the global market - Growing Demand for International Expansion How Should We React? The country has been gradually shifting towards a more global and liberal stance over the past decade. Here's how to navigate this complex landscape: - Acknowledge the Conservatism and Skepticism due to historical and geographical factors. - Recognize the Openness to Collaboration, there is a genuine interest among Japanese people to be more open and collaborate with foreign companies. - Tailor your approach to fit the Japanese system, addressing local needs and respecting cultural nuances. - Seek Mutual Benefits. This will help establish trust and long-term partnerships. - Stay Connected: Regular engagement and understanding their perspectives will pave the way for successful collaborations. If you have any questions, topics, experiences, opinions that you want to share, please leave me a comment! ?? ??

???? 5 Reasons Investors Flock to Japan ?? After 34 years, Japan’s stock market has hit new highs and is set to continue upward, but what makes this market so attractive -- and why now? 1. Corporate Reform ??? Initiatives to reduce capital costs and enhance valuations in Japanese companies have gained momentum, unlocking latent value and driving a surge in private equity deals and share buy-backs. 2. Foreign Investor Interest ?? Despite increased FDI, foreign investors are still underweight in Japanese equities, leaving room for significant global investor flows into reformed corporate Japan. 3. Market Depth and Quality ?? ?Japan's market boasts deep market breadth and quality, with high daily trading volumes and leading companies with global platforms and products. 4. Tourism Revival ?? Japan's tourism is rebounding, nearing pre-pandemic levels, fueled by increased international flights, a weak currency, and diversified visitor demographics. 5. Geopolitical Positioning ?? Amidst tensions between the US and China, Japan occupies a favorable position, with its companies potentially sought after by both nations, making it a geopolitical sweet spot. What has your experience been doing business in Japan? Share your thoughts below. Thank you for reading! At Factum Global, we specialize in helping companies develop and execute their growth strategies. If you're seeking opportunities for growth and expansion in Japan or elsewhere, contact us today. How can we help? ?? #FactumGlobal #JapanMarket #GlobalExpansion #Japan