DF DFJ WisdomTree Japan SmallCap Dividend Fund Loading... : Bullish and Bearish Analyst Opinions

The median Japanese company holds ~7 years of net income in assets (vs. 1 year for US companies). Corporate governance reforms are pressuring these companies to increase payouts (dividends/buybacks). There is a massive "value unlock" potential as these unproductive assets are distributed to shareholders. The return of inflation signals nominal GDP growth, breaking the deflationary mindset. LONG. It is a deep value play with a specific catalyst (governance reform) that does not rely on massive tech innovation. Cultural resistance to rapid change (slow-moving consensus); currency volatility (Yen weakness).