Japan Economic News

[Behappyalways]

Maybe....

Credit event explained
https://twitter.com/leadlagreport/status...4993653760

[gzbkel]

Maybe....

Credit event explained
https://twitter.com/leadlagreport/status...4993653760

I didn't really get the video. What is the Godzilla and the big moth supposed to represent?

[Behappyalways]

Butterfly effect....

[EnSabahNur]

Maybe....

Credit event explained
https://twitter.com/leadlagreport/status...4993653760

I didn't really get the video. What is the Godzilla and the big moth supposed to represent?

The moth is Mothra
Mothra - Wikipedia

[weijian]

Sometimes if your reputation is valuable enough, you start to create a momentum of your own. This is in general, similar to the way that short sellers hunt in packs like wolves. It is quite dangerous to be the only (or few) contrarians in the room.

Japan has become a gold mine for value investors

The obvious explanation for these miserable returns is that in 1990 Japanese stocks were wildly overpriced, trading on nearly 80 times cyclically adjusted earnings and three standard deviations above their long-term trend. However, stocks continued to disappoint even when the bubble economy had become a distant memory.

It's too early to talk of a shareholder-value revolution in Japan. More than half of listed companies still trade below book value. For example, $25 billion machine maker Toyota Industries (6201.T) is worth less than its cash and long-term investments. Still, change is well under way.

https://archive.ph/PbjlD#selection-725.0-732.0

[weijian]

In general, new emerging industries first create a lot of participants ("one hundred flowers bloom"). The first step towards maturation for a emerging industry is when participants start merging. This happened for ICEs ~100years ago. More recently, we have seen how ride hailing creating alliances (I retreat from this geography and you give me a % of your equity).

And in the latter (or even last?) stages of a mature industry, venerable participants start merging, after been in competition for the longest time. The transition from ICE to EV may take a long time but consolidation of the ICE and EV industry will take place at the same time.

The Japs have started the ball rolling. Next up are the Americans and Europeans.

Behind a potential Honda and Nissan tie-up, the existential threat posed by Chinese EVs

Others note that any steep decline for Japan’s auto industry would be particularly painful. It’s the strongest sector in the world’s fourth-largest economy and Japan’s position in other key industries such as consumer electronics and chips has waned over the years.

https://www.straitstimes.com/business/an...hinese-evs