Tuesday\, Oc
tober 27\, 2026 | 12:45 – 1:45 PM (Lunch will be p
rovided)
\n Room 420\, Geffen Hall\, Columbi
a Business School (map)
\n (645 West 13
0th Street\, New York\, NY 10027)
Note: This eve nt is limited to Columbia Business School communit y members and CJEB affiliates. The event is part o f CJEB’s Japanese Management Leadership Program.
\n \nFeaturing:
\n \nChief Analyst\; Executive Officer\; and In charge of Financial Market Research Depart ment\, Sony Financial Group Inc.
\n \n\n \n
Moderator:
\n \nDavid E. W einstein
\n \nDirector\, CJEB\; Ca rl S. Shoup Professor of the Japanese Economy\, Co lumbia University
\n \nCo-sponsors: Columbia Women in Busine ss and Japanese Business Association\, Columbia Bu siness School
\n \nPresentation S
ummary:
\n The Japanese yen has fall
en to its weakest level in nearly 40 years. Why ha
s the yen become so weak? And will it stay that wa
y? This lecture will examine the structural change
s in the Japanese economy that lie behind the curr
ency's depreciation. It will also examine the cond
itions under which the yen could strengthen again.
By looking at Japan's changing role in the global
economy\, we will consider what the yen may tell
us about Japan's future.
Talking Points:
\n 1. Why has the Japanese yen
fallen to its weakest level in nearly 40 years?\n 2. Examining the structural changes
in the Japanese economy behind the yen’s depreciat
ion.
\n 3. Under what conditions could
the yen strengthen again?
\n 4. What
the yen may tell us about Japan’s future and its c
hanging role in the global economy.
Biography:
\n \nShe joined Sony Financial Holdings (current Sony Fina ncial Group) in August 2016. She started her caree r as a foreign exchange dealer at First National B ank of Chicago in 1994. After that she worked for J.P. Morgan (current JP Morgan Chase Bank\, Tokyo Branch) as a foreign exchange dealer and moved to Sony Corporation and engaged in currency risk hedg ing and market research at the Finance Department. Afterward\, she was responsible for analysis of f inancial markets\, as well as providing informatio n for individual investors at Citibank Bank (curre nt SMBC Trust Bank) as investment research plannin g manager of the individual financial sector. Curr ently\, she regularly appears on TV TOKYO’s early morning program "News Morning Satellite"\, Nikkei CNBC and others as a commentator on financial mark ets. She is the author of\, "Understanding foreign exchange market changes your business" (Nikkei BP \, 2014)"\, "Foreign currency investment technique learned from the high-net-worth individuals (Nikk ei newspaper\, 2015)"\, "The latest edition of Rea l Understanding of Foreign Exchange Market" (Nippo n Jitsugyo Publishing\, 2023)"\, " Foreign Exchang e market is so interesting!” (Gentosha Literary Pu blishing\, 2024) " and the like.
\n \nMs. O gawa is a director of Sony Bank Incorporated (2024 -present)\, and the external advisor of WealthNavi Incorporated (2025-present)\, and a researcher of Global Financial Market Study Group\, SBI Financi al and Economic Research Institute (2021-present). She has also become the President of Life Design Academy\, a financial education school opened by t he Sony Financial Group Inc.in 2025.
\n \nAdmission and Contact: \n \n
You must register to attend this event in person.
\n \nSpecial Notes:
\n ● Th
is event is limited to Columbia Business School co
mmunity members and CJEB affiliates.
\n ● Thi
s in-person-only event will not be live-streamed.<
br />\n ● Please be advised that this event may be
photographed\, so your image may appear on our we
bsite later. If this is an issue\, please let us k
now.
\n ● Please bring a government-issued ID
or Columbia University ID to access Columbia Busi
ness School
\n ● No large bags\, luggage\, or
placards of any kind (such as posters or signs) a
re allowed inside the venue.
\n ● The event i
s part of CJEB’s Japanese Man
agement Leadership Program.
If you have questions about the event\, please contact u s at cjeb@gsb.columb ia.edu.
DESCRIPTION:\n \n \n Japan’s Currency Outlook: \n \n Will the Weak Yen Continue?\n \n \n Tuesday\, October 27\, 2026 | 12:45 – 1:45 PM (Lunch will be provided) \n \n Room 420\, Geffen Hall\, Columbia Business Sch ool (map (https://maps.app.goo.gl/oLxCdUf7qtuHhVJT A))\n \n (645 West 130th Street\, New York\, NY 10 027)\n \n \n \n Note: This event is limited to Col umbia Business School community members and CJEB a ffiliates. The event is part of CJEB’s Japanese Ma nagement Leadership Program (https://business.colu mbia.edu/cjeb/programs-and-resources/cjeb-programs /japanese-management-leadership-program).\n \n \n \n Featuring:\n \n \n \n Maki Ogawa\n \n \n Chief Analyst\; Executive Officer\; and In charge of Fin ancial Market Research Department\, Sony Financial Group Inc.\n \n \n \n \n \n \n \n Moderator:\n \ n \n \n David E. Weinstein\n \n \n \n Director\, C JEB\; Carl S. Shoup Professor of the Japanese Econ omy\, Columbia University\n \n \n \n Co-sponsors: Columbia Women in Business and Japanese Business A ssociation\, Columbia Business School\n \n \n \n \ n Presentation Summary:\n \n The Japanese yen has fallen to its weakest level in nearly 40 years. Wh y has the yen become so weak? And will it stay tha t way? This lecture will examine the structural ch anges in the Japanese economy that lie behind the currency's depreciation. It will also examine the conditions under which the yen could strengthen ag ain. By looking at Japan's changing role in the gl obal economy\, we will consider what the yen may t ell us about Japan's future.\n \n \n \n Talking Po ints:\n \n 1. Why has the Japanese yen fall en to its weakest level in nearly 40 years?\n \n 2 . Examining the structural changes in the J apanese economy behind the yen’s depreciation.\n \ n 3. Under what conditions could the yen st rengthen again?\n \n 4. What the yen may te ll us about Japan’s future and its changing role i n the global economy.\n \n \n \n \n Biography:\n \ n \n \n Maki Ogawa is a Chief Analyst and Executiv e Officer in charge of Financial Market Research D epartment of Sony Financial Group Inc. She is resp onsible for outlining the firm's official view on the foreign exchange market.\n \n \n \n She joined Sony Financial Holdings (current Sony Financial G roup) in August 2016. She started her career as a foreign exchange dealer at First National Bank of Chicago in 1994. After that she worked for J.P. Mo rgan (current JP Morgan Chase Bank\, Tokyo Branch) as a foreign exchange dealer and moved to Sony Co rporation and engaged in currency risk hedging and market research at the Finance Department. Afterw ard\, she was responsible for analysis of financia l markets\, as well as providing information for i ndividual investors at Citibank Bank (current SMBC Trust Bank) as investment research planning manag er of the individual financial sector. Currently\, she regularly appears on TV TOKYO’s early morning program "News Morning Satellite"\, Nikkei CNBC an d others as a commentator on financial markets. Sh e is the author of\, "Understanding foreign exchan ge market changes your business" (Nikkei BP\, 2014 )"\, "Foreign currency investment technique learne d from the high-net-worth individuals (Nikkei news paper\, 2015)"\, "The latest edition of Real Under standing of Foreign Exchange Market" (Nippon Jitsu gyo Publishing\, 2023)"\, " Foreign Exchange marke t is so interesting!” (Gentosha Literary Publishin g\, 2024) " and the like.\n \n \n \n Ms. Ogawa is a director of Sony Bank Incorporated (2024-present )\, and the external advisor of WealthNavi Incorpo rated (2025-present)\, and a researcher of Global Financial Market Study Group\, SBI Financial and E conomic Research Institute (2021-present). She has also become the President of Life Design Academy\ , a financial education school opened by the Sony Financial Group Inc.in 2025.\n \n \n \n \n Admissi on and Contact: \n \n \n \n You must register to a ttend this event in person.\n \n \n \n Special Not es:\n \n ● This event is limited to Columbia Busin ess School community members and CJEB affiliates.\ n \n ● This in-person-only event will not be live- streamed.\n \n ● Please be advised that this event may be photographed\, so your image may appear on our website later. If this is an issue\, please l et us know.\n \n ● Please bring a government-issue d ID or Columbia University ID to access Columbia Business School\n \n ● No large bags\, luggage\, o r placards of any kind (such as posters or signs) are allowed inside the venue.\n \n ● The event is part of CJEB’s Japanese Management Leadership Prog ram (https://business.columbia.edu/cjeb/programs-a nd-resources/cjeb-programs/japanese-management-lea dership-program).\n \n \n \n If you have questions about the event\, please contact us at cjeb@gsb.c olumbia.edu (mailto:cjeb@gsb.columbia.edu). \n \n CATEGORIES:Event CALSCALE:GREGORIAN DTSTAMP;TZID=America/New_York:20261027T124500 DTSTART;TZID=America/New_York:20261027T124500 DTEND;TZID=America/New_York:20261027T134500 LOCATION:Room 420\, Geffen Hall\, Columbia Business School\ n 645 West 130th Street\n New York\, NY 10027\n Un ited States\n URL:https://cjeb.business.columbia.edu/civicrm/event/info?reset=1&id=26 END:VEVENT END:VCALENDAR