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Stocks

Market Scramble: Foreigners to hunt growth stocks in Tokyo

Investors prefer Japan over high-risk Europe

Some 800 overseas investors are planning to visit Japan in the coming weeks. Electronics company Omron will be a company that many of them would be focusing on.

TOKYO -- Some 800 overseas investors are set to descend on Japan starting next week, attending seminars and meetings in an effort to identify companies with strong growth prospects.

A portfolio manager at a Hong Kong-based hedge fund is busy preparing for a trip to Japan, where meetings will be held executives from more than 10 companies. The manager is among those enthusiastic about Japanese listed corporations, which are expected to earn a record aggregate profit in the year ending March 31.

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