№ 01An Independent Journal
Understand
Japanese Equities
with Clarity.
Independent English analysis of JPX-listed companies—covering dividends, valuation, corporate governance, and market structure for U.S. and global investors.
Index Performance
38,920.15
−164.20 (−0.42%)
№ 02Today's Snapshot
2.3%
15.8x
10%
I.The Cover Story
A monthly analytical feature on the structural forces reshaping Japanese capital markets.
“For the first time in a generation, Tokyo’s listed companies are being judged by what they return, not what they hoard.”
Why Japan’s Corporate Governance Shift Matters for Shareholders
Reforms, capital efficiency, and a new era of shareholder value in Japan—what the Tokyo Stock Exchange’s P/B-conscious management push really means for your portfolio.
S
By Sora Yamada
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The story of Japanese equities in 2026 is not the weak yen, nor a single blockbuster earnings cycle—it is the slow, systemic conversion of balance-sheet idle capital into shareholder return.
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II.Latest Dispatches