Peter Douglas on Japan Optimist

Ok so there are some epic external challenges out there (Trump, WWIII…) and natural disasters will always hit the headlines BUT As you say the elephant in the room domestically is the painfully unhelpful legislation around the agri sector in Japan. As an individual with a fulltime office job, I can own farmland and write off any amount of agri-toys that I use on my 1,000m2 “farm”, against my personal tax bill without producing much of anything. A family office with agri experience on three continents wanting to invest several $10m in specialist farming in Kyushu… cannot. Agri reform is the domestic battle that Japan MUST win.