In today’s briefing:
- Market Shakeout Should Come with Business Portfolio Restructuring Especially for Small-Cap Companies
Market Shakeout Should Come with Business Portfolio Restructuring Especially for Small-Cap Companies
- While good for small-cap stocks to disclose stock price improvement plans, which is the minimum to be eligible for TOPIX, few global investors can invest in company of this size.
- Since many Japanese small-cap companies have diversified businesses and compete with numerous companies for a market that is not large, forcing low profit margins, a market shakeout is necessary.
- The key is whether small cap companes that are beyond the reach of overseas investor engagement can execute a business portfolio review on its own initiative.