Activist investor ValueAct makes $3.5bn contrarian bet on Japan

After Olympus stake, U.S. firm finds its approach fits many Japanese companies

20211122N Tokyo skyscraper

American investment firm ValueAct Capital has allocated more than 400 billion yen ($3.5 billion) in Japan since 2017. © Reuters

TAKENORI MIYAMOTO, Nikkei staff writer

NEW YORK -- Japan is home to many companies "underappreciated by the capital markets," says a partner at American investment firm ValueAct Capital, which has made the Asian economy its second-largest destination after the U.S.

The California-based activist investor, which manages assets for big institutional investors, has allocated more than 400 billion yen ($3.5 billion) in Japan since 2017, D. Robert Hale told Nikkei in an interview.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.