Investors are being urged to not overlook Japan’s robotic future as unfavorable demographics reportedly are fueling innovation and investment opportunities.
“Japan, simply put, is in the midst of a robotics revolution that will transform nearly every aspect of society and be replicated, in some shape or form, around the world given the aging populations of Europe, the U.S. and even China,” the Financial Times reported.
Japan has been pushing on the robotics frontier for years. As a result, the use of robotics has expanded beyond the Japanese factory floor to include schools, hospitals, nursing homes, airports, train stations and even temples, the FT explained.
No other country in the world has strategically embraced robots as much, with the state’s revised Japan Revitalization Strategy seeking to achieve “a new industrial revolution driven by robots,” the FT said.
The FT explained that the best way to invest is by either directly owning leading Japanese robotics manufacturers and service providers, or through the ROBO ETF, with Japanese companies comprising roughly 30 per cent of the total market capitalization.
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