Prime Minister Fumio Kishida made a public push to woo foreign investment on Wednesday, pledging further capital market reforms and promoting asset management in a speech to hundreds of global investors in Tokyo.

His appearance at a conference held by Wall Street bank Morgan Stanley was another example of Japan's effort to shed a long-held image of being unwelcoming to foreign investors.

For the first time in decades, the world's fourth-largest economy is seen as an increasingly attractive market for global investors. Japan is emerging from years of deflation and its efforts to improve corporate profits and governance are bearing fruit.