MJuly2,202409:33PMGMTFoundationJapanEquityStrategyJapanGlobalExposureGuide2024–JapanEveryyear,wesurveyourglobalcoverageforexposuretocertainregionsandcountries.ThisisourfirstsuchsurveyfocusedexclusivelyonJapanesecompanies.MorganStanleydoesandseekstodobusinesswithcompaniescoveredinMorganStanleyResearch.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofMorganStanleyResearch.InvestorsshouldconsiderMorganStanleyResearchasonlyasinglefactorinmakingtheirinvestmentdecision.Foranalystcertificationandotherimportantdisclosures,refertotheDisclosureSection,locatedattheendofthisreport.+=Analystsemployedbynon-U.S.affiliatesarenotregisteredwithFINRA,maynotbeassociatedpersonsofthememberandmaynotbesubjecttoFINRArestrictionsoncommunicationswithasubjectcompany,publicappearancesandtradingsecuritiesheldbyaresearchanalystaccount.MFoundationKeytakeaways•Wedrilldownintothe400+Japanesestocksinourcoverageforexposuretocertainregionsandcountries,andanalyzethefindings.•OverseasexposureofJapanesecompanieshasbeenaround40-50%.Inrecentyears,overseasexposurehasbeenrisingevenamongnon-manufacturers.•SectorswithhighexposuretotheUSincludetransportationequipmentandpharmaceuticals.ExposuretoChinaishighfortextiles&apparel,electricappliances,precisioninstruments,andothers.•Historicalshare-priceperf...
发表评论取消回复