Corporate Japan has a reputation for penny-pinching and hoarding cash. But recently they are learning to love spending on their shareholders. Buybacks have surged, rising 48% in this fiscal year, according to CLSA strategist Nicholas Smith, as multiyear corporate-governance reforms bear fruit. That’s just one of many reasons for investors to seriously consider an allocation to Japan’s stock market.

Source: Wall Street Journal February 10, 2020 10:52 UTC