Japanese Crown Jewels

Toma Kobayashi, Portfolio Manager Japan at Marathon Asset Management, dives into Japan's corporate governance reforms through the lens of the Olympus scandal. He discusses how the scandal reshaped shareholder value and corporate practices. The conversation explores Olympus' shift to core competencies, its leading role in gastrointestinal endoscopy, and strategic share buybacks to enhance shareholder value. Kobayashi highlights promising investment opportunities stemming from corporate restructuring and Olympus' strong profitability and valuation.