Still a Lot More Hazama Ando Can Do: Oasis Management’s Fischer

The video discusses the performance and governance improvements of Hazama Ando, including stock buybacks and corporate strategies. It also covers Toshiba's strategic review and the potential for hostile takeovers in Japan. Market reforms and index changes are explored, highlighting opportunities for value investing in Japan and Asia. The speaker emphasizes the importance of corporate governance and strategic planning in enhancing shareholder value.

What recent action did Hazama Ando take to improve shareholder value?

• Increased dividend payouts

• Announced a share buyback

• Launched a new product line

• Expanded into new markets

Why is the management of Hazama Ando advised against investing in real estate?

• The market is too volatile

• They lack experience in the sector

• They have a poor track record in real estate

• Real estate prices are too high

What significant step has Toshiba taken to address corporate governance?

• Appointed a new CEO

• Increased its market share

• Established a strategic review committee

• Merged with another company

What is a key concern for Japanese companies regarding hostile takeovers?

• Strict government regulations

• Lack of skilled workforce

• Extraordinarily cheap company valuations

• High operational costs

What change is being proposed for the Nikkei index?

• Increase in the number of listed companies

• Reduction in trading hours

• Inclusion of high price stocks with a cap on their weighting

• Exclusion of foreign companies

What is the current trend in the Japanese market according to the transcript?

• Decline in manufacturing sector

• Increase in foreign investments

• Shift towards cyclical and value plays

• Focus on technology stocks

Which country outside Japan is mentioned as having a compelling investment opportunity?

• China

• South Korea

• Vietnam

• India