- Japanese smaller companies look relatively well priced
- High private investor ownership means they can be more volatile
- Baillie Gifford Japanese Smaller Companies looks attractive for long-term investors
The National Institute of Population and Social Security Research think tank projects that Japan’s population will fall from roughly 126m today to 88m by 2065, with senior citizens making up over a third of the population. As a result, asset manager Baillie Gifford argues that “Japan must act decisively to disarm this ticking demographic time bomb”.