Ohtani Team in Baseball Classic May Boost Japan’s Sports Stocks

  • Sporting goods maker Mizuno, pub chain Hub may be active
  • ‘Series of trading opportunities’ this year, Nagahama says
Shohei Ohtani during a press conference in Tokyo on Jan. 6.Photographer: Yuichi Yamazaki/AFP/Getty Images
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As Shohei Ohtani gets set to lead a star-studded Japan team in this year’s World Baseball Classic, investors in the nation’s stock market may look for gains in sports-related stocks.

It will be a homecoming for Ohtani — the rare two-way phenom ranked among the world’s best pitchers as well as the top hitters — who has been playing Major League Baseball in the US for five years. Japan hosts its first round group in Tokyo for the WBC, which runs March 8-21.