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May 31, 2002

Spotlight on Tokyo

Foreign companies fishing for new investors should visit Japan

It's early morning at the Tsukiji fish market in Tokyo, and prospective buyers are poking, prodding and tasting hundreds of fresh-caught tuna. At 5.30 am the tuna auction begins with a frenzy of yells and gestures - much like 9.30 am on the floor of the New York Stock Exchange. Not far away in the Marunouchi and Otemachi financial district, Japanese investors are increasingly bringing the same verve to equities research, looking prospective purchases in the eye and checking under the skin. The question

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