"While near‑term volatility in Japanese equities due to interest‑rate normalisation and political risk is possible, the structural story—driven by corporate governance reform—is creating opportunities. There is a strong case for Japan’s mid‑ and small‑cap universe, whose valuation discounts to large-cap peers should offer upside as those reforms take hold." - Vincent Mortier - Group CIO, Amundi & Monica Defend -  Head of Amundi Investment Institute

"Japan’s challenge is less about financial tightening and more about reshaping private-sector behaviour under a new regime where inflation has returned." - Claire Huang- Senior EM Macro Strategist, Amundi Investment Institute

There are two secular forces at play driving the improvement in Japanese earnings: reflation and enhanced capital productivity. These tailwinds are unique, and investors should benefit as the valuation discount progressively unwinds relative to other markets. - Barry Glavin- Head of Equity, Amundi Asset Management

"Stock‑exchange governance reforms and the end of deflation have sparked renewed international interest in Japanese equities at a time when demand for diversification is high." - - Head of Investment Insights, Publishing and Client Development, Amundi Investment Institute