Morningstar introducing new Japanese products

Morningstar is introducing investment information and analysis aimed at the retail Japanese mutual fund industry. The new products are being introduced by Morningstar Japan K.K., a collaboration between Morningstar and Softbank Corp., an information and software company based in Tokyo. On October 26, Morningstar Chief Executive Officer Don Phillips will be in Tokyo along with Yoshitaka Kitao, president and chief executive officer of Morningstar Japan, who is also CEO of Softbank, to talk about the new products. Using Morningstar's U.S. operations as a model, Morningstar Japan plans to publish investment research and analysis for Japanese investors and financial professionals. Softbank also has a major stake in the U.S. Internet businesses, Yahoo! Inc. and GeoCities.