Japanese Finance

What Are the “Former Murakami Fund” and the “Murakami Fund”?— Examining How Far Shareholder-First Capitalism Should Go

An accessible overview of the Former Murakami Fund and today’s Murakami-affiliated funds, exploring shareholder activism in Japan and questioning whether shareholder-first capitalism is always the right answer.

2025.12.31

Japanese Finance

Was Fuji TV Actually “White”? Why Activist Investors Are Targeting It Over Other Major Networks

Explore why activist investors are targeting Fuji TV over other major Japanese networks. This analysis looks at shareholder structure and business strategy, highlighting Fuji Media Holdings' transparent asset-driven setup that makes it visible and discussable to investors.

2025.12.28

Japanese Finance

Murakami Fund’s Potential Comeback? What the TOB Proposal for Fuji TV Could Mean

Explore the potential comeback of the former Murakami Fund and its impact on Fuji Media Holdings. Learn why Fuji TV is targeted, the historical context, and which industries could be affected next. Analysis only, not investment advice.

2025.12.28

Japanese Finance

The Japanese Government-Backed “Bank Stock Purchase Program” Stops Buying “Relationship Stocks”: What It Means for Companies, Investors, and Workers

Japan’s banks will no longer have a government-backed program to buy back policy shares (“relationship stocks”). Learn how this shift affects corporate governance, investor influence, and employment practices in Japanese companies.

2025.12.25

Japanese Finance

Japan’s Mega-Solar Subsidy Removal – What It Means for Consumers and Investors

Starting in fiscal 2027, Japan will end the electricity price premium for new mega-solar projects. This article explains the renewable energy surcharge system, its impact on consumers, and how the policy change may affect Japanese and global stock markets.

2025.12.14

Japanese Finance

Easy Guide: What is an MBO and a TOB? Raksul’s Management Buyout and Goldman Sachs’ ¥1,710

Recent news has highlighted Raksul’s Management Buyout (MBO), with a Goldman Sachs-backed fund launching a Tender Offer (TOB) at ¥1,710 per share. For many, terms like “MBO” and “TOB” may be unfamiliar, so this article breaks down the key concepts in a simple, easy-to-understand way.

2025.12.11

Japanese Finance

Which Japanese Companies Are More Likely to Be Targeted for Short Selling?

Learn which Japanese companies are more likely to be targeted for short selling. This article explains the key characteristics, including stock volatility, liquidity, slowing growth, governance issues, and supply-demand factors, with concrete examples.

2025.11.24

Japanese Finance

How to Access Short SellingInformation in Japan

Learn how to access short selling information in Japan, including daily, monthly, and sector-level data from the Tokyo Stock Exchange (JPX), and understand what individual stock data is available.

2025.11.24

Japanese Finance

Short Selling in Japan: A Market with Unique Rules Karauri Culture

A clear overview of Japan’s unique short-selling system, including daily short-selling ratios, position disclosure, and the impact of reverse charges.

2025.11.24

Japanese Finance