Our Products
Japanese equity research. The 9 sector analysts working in our Tokyo based research team have been selected for their high levels of experience, and for their commitment to the concept of independent and thorough analysis. We do not publish maintenance research, and this is reflected in our recommendation structure which only comprises BUY or SELL. An analyst may upgrade or downgrade to neutral, but we will not write another full note until we can rate the stock again. We believe that an agency broker should be rewarded for investment ideas. Our top tier of clients can request ‘bespoke’ research on non coverage stocks from our analyst team, the conclusions of which (clearly labeled as ‘bespoke’) will only be released to the rest of the client base after the agreed embargo period has expired. JI covers autos, technology, capital goods and resources/basic materials on a Pan Asian basis.
Japanese macro research. Our economist has lived in Japan for over 25 years and we provide unconventional macro research focused on understanding the policy drivers within the Japanese bureaucratic structure. We set these policy drivers against the prevailing macro climate, and discuss the likelihood for success and the possible implications for stock market investors. Our G5 series of notes looks at the challenges facing the global economy, with a Japan perspective on deflation, public debt & economic specialisation.
Japanese equity sales. Our sales teams are based in London, Tokyo, New York and Hong Kong. Their remit is to understand our institutional clients’ differing investment processes, and to help them derive value from the products we offer. Enthusiasm needs to be tempered with experience, and our emphasis is on high value added in the sales conversation. Our sales partners and our research partners are paid from the same revenue pool. We believe clients benefit from our team based approach.
Corporate Access. Japaninvest has a highly regarded company visit and translation service available for overseas clients visiting Japan. We also provide written confidential updates for clients, either in response to specific investor questions, or for those requiring a more general update from the managements of the companies they hold. We also arrange conference calls and round tables. We are now looking to bring managements directly to your office. However in keeping with the Japaninvest approach, this will only happen for companies where we have a BUY rating, and believe that the business is fundamentally attractive to prospective shareholders over the medium term.
JI Asia. Launched in Hong Kong and Shanghai in 2009, JI Asia now has 20 ratings in HK equities, out of a 70 stock coverage list. We have applied the lessons successfully learnt in our Japan business, to provide our clients with similar independent, in depth research ideas across the spectrum of the north Asian markets. Our Hong Kong office publishes rated investment ideas, whilst our Shanghai office provides corporate liason, macro and company visit notes. Jean-Louis has recently joined the team to build out the Pan Asian coverage of the technology sector, in conjunction with Steve Myers in Tokyo. Recent successful calls include Comba Telecom as a buy and Skyworth Digital, where JI has been the only sell.
