RetireJapan

Roughly 100% of passive fund managers underperform their indexes. Not sure what the point is though?

Still got time to get your 15 quid then.

Wouldn’t we already have seen a pickup in the birth rate if this was really enough to incentive people to have more children?

For example, Ryohon Keikaku provides a 7% off MUJI purchases perk valid for six months to shareholders of record. Their gross profit is 8.5% so this is not being subsidized by any overseas or institutional investor. Investors in Japanese companies are often avid fans of the companies and their prod...

Having said that I still don’t feel that it’s right to equate shareholder perks with sub par management. I would agree it is not a 100% correlation, but I would suggest - like other things that entrench management teams (cross shareholdings, poison pills, too few independent directors etc) - that i...

Interesting．So where can I see how MUFG voted on each resolution of the 3,000 companies that they track in the eMaxis Slim All Country fund? Must take a lot of work to keep on top of all those companies... The Japanese Stewardship code applies to companies investing in Japanese listed companies.......

As for people investing in index funds like All Country, if you do the sums an investor here on the board with say 100 million yen invested in eMaxis Slim All Country will most likely not have enough shares in each individual Japanese company to qualify for yutai anyway. For example, Toyota is only...

They give you benefits, which actually cost them nothing, but you value at the retail value. This is patently untrue. Which part? The part about yutai costing companies nothing. Every free flight, every bag of rice, every complimentary meal or money off ticket has a cost to the company.

Tkydon wrote: ↑Thu May 01, 2025 1:10 pm

They give you benefits, which actually cost them nothing, but you value at the retail value.

This is patently untrue.

I could not find any data supporting your equation of yutai with poor management. Why do you believe that? For example, companies like Toho and Mitsui OSK in my portfolio have free movie tickets and discount coupons for their group car ferry routes but I think they are very well managed companies. ...