Japan investment influx fueled by more than weak yen: KKR co-CEO

Bae cites economic revival and governance as firm eyes over $6bn in spending

20240618N Joseph Bae

Joseph Bae, co-CEO of U.S.-based investment firm KKR, says investor interest in Japan has grown as a result of corporate reform. (Photo by Yutaka Miyaguchi)

HARUKI KITAGAWA and TAKAKO GAKUTO, Nikkei staff writers

TOKYO -- Corporate governance reform in Japan is "unlocking enormous value within companies," says Joseph Bae, co-CEO of U.S.-based investment firm KKR, which looks to spend more than 1 trillion yen ($6.34 billion) in Japan over the next decade.

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