Japan’s Kishida makes public push on capital markets reform

For the first time in decades, the world’s fourth-largest economy is seen as an increasingly attractive market for global investors. Japan is emerging from years of deflation and its efforts to improve corporate profits and governance are bearing fruit.

The benchmark Nikkei share average (.N225), opens new tab shattered its all-time high this year – a once unthinkable feat – and has been climbing since. Given the country’s shrinking population, the government wants to capitalise on the wave of interest and turn itself into a global hub for the asset management industry.

“This administration is committed to furthering financial, capital market reform,” Kishida said. “We are making the promotion of asset management one of our key pillars.