Meiji Yasuda Life Insurance Co. said it plans to hold more Japanese bonds and fewer domestic stocks during the second half of this fiscal year.
Meiji Yasuda Life Insurance Co., Japan’s third-largest life insurer, said it will boost yen- denominated bond holdings in the fiscal second half, while reducing investments in local stocks.
Manabu Tsukagoshi, a Tokyo-based consultant, took a month of paternity leave after his second child was born. That prompted his stay-at-home wife to get a full-time job in the financial industry.
Japanese businesses left behind this year as global equities rallied to a record found a winning strategy in buying back shares the rest of the world preferred to avoid.