Japan’s top research providers are looking to the future.

At SMBC Nikko Securities, the research team is “keen to cultivate young analysts to write reports and initiate coverage,” according to director or research Takaaki Muramatsu, director of research at SMBC Nikko Securities. He cited this as key to the firm’s innovation plan, and reported hiring several junior analysts to initiate small and growth stock coverage.

“We built a great training system for them,” guided by management, Muramatsu added.

In a competitive domestic field, with the Covid-19 pandemic and distributed workforces entering their third year, investing in young talent can be a key differentiator, said Hidekatsu Watanabe, head of Japan equity research at Mizuho Securities Co.

“While it may be difficult to effectively stand out among the major brokerages, we have been focused on creating collaborative reports and in-depth reports and leveraging IT and virtual seminars in this era of work-from-home,” Watanabe said. “At the same time, I believe we are ahead of the curve when it comes to passing on the baton to the next generation, training our younger analysts, and bolstering their capabilities.”

Clients appear to agree...

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