Japan equity 2026: Reform, returns & value unlocking catalysts

Japanese equities currently stand at an important inflection point. After a strong 2025, investors are assessing the impact of the Takaichi administration’s policy mix, the possibility of further governance reforms, and the evolving corporate landscape shaped by cash‑rich balance sheets and a more competitive M&A environment. In this conversation, Amova AM's Junichi Takayama and Tim Lord discuss: • How 2025’s key trends are shaping Japan’s outlook for 2026 • Which governance behaviours could unlock value fastest • How companies can turn balance‑sheet strength into shareholder returns...