About Musha Research | Musha Research

Company Profile

Company name: Musha Research Co., Ltd.
President: Ryoji Musha
Address: 3912 Shinagawa V-tower
2-16-7 Konan, Minato-ku, Tokyo
108-0075, Japan [MAP]
Contact: info@musha.co.jp
Date of establishment: 1st Jul, 2009
Activities: Provision of research reports and other information for economic and financial market analysis and determination of medium and long-term outlooks

Jul 2009: Established Musha Research Co., Ltd.
Advisor, Deutsche Securities Inc.
Advisor, Deutsche Asset Management (Japan) Ltd.
May 2005: Vice Chairman and Chief Investment Advisor of Deutsche Securities
Jan 1997: Joined the Research Department of Deutsche Securities as general manager and chief strategist
May 1993: Chief Analyst and General Manager of the Equity Research Department of Daiwa Institute of Research (DIR) Japan
Jan 1988: Chief Analyst and Research Director of DIR America for the US macro economy, micro economy, and financial markets
Mar 1973: Joined the Research Department of Daiwa Securities Co. as a sector analyst for the textiles, construction, real estate, automobile, and electronics sectors (In 1989, the research department of Daiwa Securities was renamed as Daiwa Institute of Research after reorganized as an independent entity in 1982)
Mar 1973: Graduated from Yokohama National University with a major in economics
Mar 1968: Graduated from Nagano High School
Sep 1949: Born in Nagano Prefecture

Ranked #1 in Japan equity strategy in the 2002 and 2003 Institutional Investor poll
Served as the head of the Overseas Section of the Cabinet's Economic Analysis Deliberation Team, a member of the Cabinet's International Economic Research Committee, a member of the Ministry of Finance's International Fund Flow Research Committee, and a member of the consulting committee of the Institute of Energy Economics
Served as a part-time lecturer at the Economics Department of Shinshu University in 2002 (Course title: "Japanese economic theory and forecasting share prices in the practical economy")
Currently serving as a Visiting Professor at Saitama University Graduate School

Medium and long-term market forecasts based on global macroeconomic analysis and provision of asset allocation strategies (primarily for Japanese equities)
Provision of database for establishment of global macroeconomic strategies
Scenarios for the global economy and financial markets
Investment ideas and key points based on qualitative analysis
The Musha approach: Outstanding logic and complete independence

Establish a hypothesis
⇒We retain a tight focus on establishing the most persuasive hypothesis based on global, long-term economic data and a historical perspective.
Reach conclusions that include no speculation
⇒We use hypotheses to eliminate preconceptions and any conflicts of interest in order to create the most logical outlooks and strategies (solutions). Forecasts and investment strategies are revised only when a hypothesis has been revised. Adopting this approach ensures that all conclusions are firmly rooted in facts and logic (hypotheses), thus maintaining consistency and coherency.
Use a checking process to rebuild hypotheses
⇒We use the accuracy of past forecasts to verify the persuasiveness and suitability of a hypothesis for the purpose of ensuring that we are always using the most persuasive hypotheses. We firmly believe that using past experiences, whether a success or failure, is vital to establishing the most persuasive hypotheses.