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Japan has become a gold mine for value investors
  + stars: | 2023-11-10 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
Having experienced a multi-decade decline after 1990, Japanese stocks have escaped the doldrums. Reuters GraphicsAnother shadow that has long lingered over corporate Japan is management teams which tended to neglect shareholders and prioritise the interests of other stakeholders. METI is also redefining the aim of Japanese companies, says Stephen Codrington, founder of the independent research firm Codrington Japan. Japan, whose regime was formerly unfriendly to equity investors, is moving in the opposite direction, says Drew Edwards, head of GMO Usonian Japan. Japan, as Codrington says, has become a gold mine for value investors.
Persons: Jeremy Siegel, “ Stocks, It's, Alex Kinmont, James Montier, METI, Stephen Codrington, Codrington, Toby Rodes, Edward McQuarrie, McQuarrie, Drew Edwards, there’s, Warren Buffett, Peter Thal Larsen, Thomas Shum Organizations: Reuters, Investors, Credit Suisse Global Investment, Nikkei, U.S ., Local, Credit Suisse, Ministry, Economy, Trade, Industry, Electronics, Hitachi, Fujitsu, Investment, Toyota, Investment Fund, Tokyo Stock Exchange, Kaname, Takisawa Machine Tool, managements, Toyota Industries, Santa Clara University, U.S, Thomson Locations: Japan, U.S, Europe, Codrington Japan, United States
After a 20-second-long, caught-on-camera dispute, Codrington, 35, slashed Cunningham across the neck with a knife, leaving him to die, Essig said. At 11:30 p.m. on Dec. 22, Codrington entered a Lower East Side bar with a pit bull and a baseball bat, Essig said. Afterward, Essig said, Codrington went home, then said he’d “cool off” with a walk through the park. In May, a 48-year-old man was shot and killed riding a train between Brooklyn and lower Manhattan. Despite random acts, the number of crimes reported on public transit by September was averaging slightly below pre-pandemic levels, though ridership was also down.
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