Moving Markets

Strong earnings, improving shareholder returns, corporate reforms, and continued AI-related demand have reinforced the case for Japanese equities. But with a stronger yen and policy normalisation underway, can Japan's momentum continue?
 
In this episode, Cheng Hin Saw, Head of Investment Specialists at Julius Baer, speaks with Louis Chua, Equity Research Analyst Asia, about the latest earnings season, the outlook for AI and the Japanese yen, opportunities beyond technology, and the structural drivers underpinning their constructive view on Japanese equities.

  • (00:00) - Introduction
  • (01:13) - Key highlights of a strong earnings season
  • (03:19) - Why does management guidance remain conservative
  • (04:26) - A pickup in earnings revisions
  • (05:25) - Has the dynamic between yen and Japanese equities changed?
  • (07:14) - Why are we still positive on AI?
  • (08:16) - Japan’s position in the AI ecosystem
  • (09:00) - Opportunities beyond AI
  • (10:00) - The big narrative shift
  • (10:44) - Why we remain constructive on Japan

What is Moving Markets?

Moving Markets is the home of podcasts at Julius Baer. Here, our expert teams share concise daily market updates in ‘Moving Markets Daily’ which is complemented by ‘Moving Markets: The View Beyond’, a weekly show dedicated to discussing the context, thematic angles, and investment implications behind key topics shaping the news cycle and conversations among our relationship managers and clients.

The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.