(Bloomberg) As activist short sellers descend on Japan’s stock market for the first time, one local analyst is emerging from obscurity to contend for the title of Tokyo’s most influential bear.
His name is Yuki Arai, and for someone who published his inaugural short-selling report less than nine months ago, he’s had an impressive string of successes. All three of Arai’s recommendations have proven lucrative targets for his hedge fund clients, tumbling an average 35 percent through Tuesday after his one-man firm, Well Investments Research, made the calls public.