Tokyo | Japan’s stock market could be set for the best returns in a generation, say analysts bullish about the prospect of an end to decades of deflation and growing levels of shareholder activism – but their optimism has yet to persuade many overseas investors to part with their cash.

Since the start of 2023, Tokyo brokers have hosted waves of investors from around the world attracted by the possibility that an equity market they have ignored since 2018 may now represent an opportunity they cannot afford to miss.

Financial Times