Andrew McDermott and Yohei Yamada from Mission Value discuss the intricacies of value investing in Japan. They delve into the impact of human biases and the long cycles that characterize this market. The duo challenges the myth of "cigar butt" investing and highlights cultural differences in corporate governance between Japan and the West. They also stress the importance of effective communication with potential investors to spotlight Japanese investment opportunities. This conversation provides rich insights for anyone interested in the Japanese market.