How long will Japan's low growth and inflation environment persist?

After an exodus of global investors from the Japanese stockmarket, disappointed by seemingly stalled reforms and a reverse of the dollar-yen exchange rate, which dampened earnings momentum for many exporting companies, it seems there are now opportunities within Japanese companies.

For example, Japan had less than five million tourist visitors five years ago, fewer than that of Singapore. Tourist arrivals quadrupled to 19 million in three years and the government set the target of 40 million in 2020. Japan will host the Rugby World Cup in 2019 as well as the Olympic and Paralympic games in 2020. Those events will certainly increase attention and attract more tourists to the country. Meanwhile, the Japanese yen has always been strong on the back of current account surplus, foreign reserve and more recently as a safe haven currency. The persistent currency appr...