Japan stock valuation is attractive
Corporate reform is also attractive
There is no sign of too crowd so it is not late to join the marekt
Japan overall growth is shrinking in spite of stock price
Japan is exiting from the deflation era. There is regime change which is positive for Japan
50% of revenue is from outside of Japan so there is the risk of the exporting country's economy trend (mainly US, China).
When tignting the monetary policy by BOJ, they might sell ETF which market will react to.
Curently JPY is very cheap and week yen improved the company earning
Industrial sector is largest, 20% of total. Financial sector and semiconductor sector have potentinal to futher growth