Jupiter manager: My postcard from Japan

JAPAN

Dan Carter, deputy manager of the Jupiter Japan Income and Japan Select funds, reports back from his recent trip to the country.

I have recently returned from a two week trip to Japan, the Jupiter Japan team’s fifth such visit in 2011. While in Japan I met with 37 companies operating in a wide range of sectors and from every part of the market-cap spectrum. Overall the general atmosphere is relatively unchanged from recent trips. The domestic economy remains relatively robust with transport company Seino, retailer K’s Holdings and health care provider Nichii Gakkan all speaking of solid conditions. However, exporters like Nitto Denko and Kubota are suffering as Asian (especially Chinese) demand has slowed and r...