Japan's Companies Need to Buy Back Shares, CLSA's Smith Says

The video discusses the current state of Japanese stocks, highlighting their relative affordability compared to other global markets, particularly the US. It examines the financial performance of Japanese companies, noting improvements in return on equity and the need for share buybacks. The discussion also touches on the political and economic challenges Japan faces in implementing structural reforms, with a focus on the difficulties of enacting changes in a democratic system.

What is the percentage discount mentioned for Japanese stocks compared to other markets?

How does the return on equity in Japan compare to that in Europe over the last five years?

What challenges does Japan face in implementing structural reforms?

What was the public response to the proposed revisions to working practices in Japan?

What issue did the Labor ministry face regarding their numbers?