Prime Minister Fumio Kishida on Wednesday publicly pushed to attract foreign investment, promising further capital market reforms and promoting asset management in a speech to hundreds of global investors in Tokyo.
His appearance at a conference of Wall Street bank Morgan Stanley was another example of Japan’s attempt to shed its long-held image of unwelcomeness toward foreign investors.
For the first time in decades, the world’s fourth-largest economy is seen as an increasingly attractive market for global investors. Japan is emerging from years of deflation and its efforts to improve corporate profits and governance are paying off.