EARTH WEEK
Now through April 22, save up to 70% on digital learning resources. Learn more.
Register your product to gain access to bonus material or receive a coupon.
This PDF will be accessible from your Account page after purchase and requires PDF reading software, such as Acrobat® Reader®.
The eBook requires no passwords or activation to read. We customize your eBook by discreetly watermarking it with your name, making it uniquely yours.
Japan is back. The dark days of the 1990s and early 2000s are history: Japan's corporate giants, bolstered by a massive economic restructuring, are suddenly outperforming all major markets. The world's smartest financiers are rediscovering Japan, and uncovering remarkable investment opportunities there. In The Japanese Money Tree, Andrew Shipley takes you inside the new Japanese economy, and presents innovative strategies for finding value in Japanese markets. Shipley reveals the true impact of the Koziumi policy reforms, illuminates Japan's surprising demographic realities, and outlines the implications of Japan's growing role as a regional leader. You'll discover how to cherry-pick Japanese investments with undervalued intangible assets, leverage emerging private equity and hedge funds, even get in on the new Japanese real estate boom. Whether you're a professional investor, money manager, or sophisticated individual investor, The Japanese Money Tree opens new investment opportunities you simply can't afford to miss.
CONTENTS
Introduction and Executive Summary xv
Chapter 1 From ultimate capital destruction machine to the best value in the world
Japan returns to favor among global investors 1
Chapter 2 Intellectual property wars
Investors to increasingly focus on the hidden strengths of Japanese firms 25
Chapter 3 Cultural arbitrage
Foreign hedge funds pursue opportunities in Japan 57
Chapter 4 The future of Japanese management
Private equity firms lead Japanese restructuring efforts 85
Chapter 5 Barbarians at the Genkan
Japan’s fledgling M & A market yet to internationalize 107
Chapter 6 The Manhattan of Asia
Tokyo experiences stunning urban renaissance 133
Chapter 7 Birthrates and Bushido
Market watchers see surprising opportunities in upcoming demographic shifts 163
Chapter 8 The Chinese paradox
Japanese firms face conundrum in crucial Chinese market 197
Chapter 9 High-speed capitalism
Structural reforms lead to stronger firms, more investment opportunities 219
Index 247