How corporate Japan is slowly evolving

Abenomics is not the whole picture for investors in Japan - the country's corporates have undergone a slow revolution too, explains AXA Framlington's Chisako Hardie.

Some say that Abenomics has run out of steam. Others say despite a weaker yen, Japanese export volumes have not increased, and Japanese products are no longer competitive. The state of corporate Japan However, most investors are not aware that the Japan of today is no longer the Japan they used to know. The old model of corporate Japan was based on companies gaining market share expansion through cost cuts. While ‘made in Japan' products swamped global markets and threatened manufacturers in the US and Europe, the Japanese suffered long working hours. This cost-cutting model of ...