PROFESSIONAL LUNCHEON: Robert Feldman, Morgan Stanley MUFG Securities Co., Ltd., Kazutoshi Inano, Japan Securities Dealers Association
Japan After Abenomics:
Japan Securities Summit & Prospects for its Economy and Market
Managing Director, Morgan Stanley MUFG Securities Co., Ltd.
Chairman, Japan Securities Dealers Association
Language: The speech and Q&A will be in English and Japanese with English interpretation.
The Nikkei 225 Stock Average has fallen around 12 percent this year after a 57 percent surge in 2013 -- its biggest gain since 1971 -- as monetary and fiscal stimulus boosted expectations and corporate profits. The question now is where Japan's stocks go from here, and if companies become confident enough to boost wages and investment.
Representatives of the Japan Securities Dealers Association (JSDA) will come to the club to discuss the potential of the Japanese economy and stock market at this critical juncture. The JSDA will hold a "summit" in New York in March with prominent speakers from Japan and the U.S.
Kazutoshi Inano has been chairman of the JSDA since July last year. He joined Nomura Securities in 1976, and has held various executive positions in the Nomura group, rising to become chairman of Nomura Asset Management from 2009-2013. Inano studied at Tokyo University's faculty of law.
Robert "Robby" Feldman is chief economist and head of fixed income research at Morgan Stanley MUFG Securities. Feldman, who has worked for the IMF and the Federal Reserve Bank of New York, is a regular commentator on Japanese TV and a member of several economic study groups at various ministries of the Japanese government. He studied economics and Japanese at Yale University.
Please reserve in advance, 3211-3161 or on the website(still & TV cameras inclusive). The charge for members/members’ guest is 1,700/2,600 yen; non-members including guest-members eligible to attend may pay in cash. (Menu: sauteed chicken with shallot sauce.) Reservations canceled less than one hour in advance for working press members, and 24 hours for all others, will be charged in full. Reservations and cancellations are not complete without confirmation. For meal service, please enter the room by 12:25.
*Working Pressは1時間、Associate, non-memberは24時間以内のキャンセルはフルチャージとなりますのでご注意ください。なおキャンセルは電話でのみ承ります。
Professional Activities Committee
*There will be no public video viewing for this press conference due to restrictions from the speaker’s side. If you have any questions, please have contact to PAC staff.
Robert Feldman Kazutoshi Inano