Devastating earthquake and tsunami in March showed bourse the need to plug information gaps
The Tokyo Stock Exchange (TSE) is targeting overseas investors with the launch of a new English language magazine.
The quarterly publication – Evolving Japan – has been set up to give international investors better insight into Japanese companies and the broader economy.
Overseas investors are particularly important to the Japanese market as they account for around two-thirds of trading volumes.
Pages two and three from the first edition of Evolving Japan
The need for better communication with foreign investors became apparent in the aftermath of Japan’s devastating earthquake and tsunami in March, according to Atsushi Saito, the TSE’s president and CEO.
Writing in the magazine’s first edition, he says there have been times when a lack of information caused unnecessary chaos or made it hard for investors to make timely investment decisions.
‘Recognizing the importance of gathering information and directly disseminating messages on the ‘current state of Japan’, we decided to launch this new publication in a bid to change this situation and offer investors a chance to gain deeper insight into the Japanese market,’ he writes.
In its first issue, the magazine includes articles on post-quake restoration work, the outlook for Japanese companies and an interview with US investor Warren Buffett.
Feature on market outlook in Evolving Japan
The launch coincides with the first overseas roadshow to be held by the Osaka Stock Exchange for start-up companies on the JASDAQ market.
Today and tomorrow, eight companies listed on JASDAQ will present to investors in London, reports Bloomberg.
TSE and Osaka announced last month they plan to complete a merger by January 2013.