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"Breaking the deflationary psychology in Japan"! What individual stocks in Japan are European investors buying?

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moomooニュース日本株 wrote a column · Aug 10, 2023 02:25
European investors with extensive experience in managing Japanese stock funds are expressing their expectations for Japanese stocks. Mr. Stefan Rynerwald of Wayberton Investment Management in the UK stated in an interview with the Nikkei newspaper, that he views the rise in Japan's long-term interest rates positively as a result of breaking the long-standing deflationary psychology, which he believes will be a tailwind for Japanese stocks. Moreover, he points out that the current rise in Japanese stocks is based on solid facts, unlike previous market trends based on expectations such as the Koizumi market or Abenomics market.
The same individual has listed several stocks he recommends buying.
"Breaking the deflationary psychology in Japan"! What individual stocks in Japan are European investors buying?
Being successful in its European operations $Asahi Group Holdings (2502.JP)$he finds it unique that it has achieved both operating profit growth and dividend increases for over 20 consecutive periods. $KDDI (9433.JP)$In addition, it focuses on core businesses such as transmission and distribution in the midst of the global shift towards renewable energy. $Hitachi (6501.JP)$Also listed.
▲Asahi Group Holdings' stock price movement since the beginning of the year
▲Asahi Group Holdings' stock price movement since the beginning of the year
▲Annual trend of kddi corporation's operating profit
▲Annual trend of kddi corporation's operating profit
Rowan Chaplin, of Quaero Capital with investment companies in London and Paris, highlighted the attractiveness of PBR (Price-to-Book Ratio) due to undervaluation and high technological advantage. $Dmg Mori (6141.JP)$The growing demand for power semiconductors due to the proliferation of electric vehicles (EVs), and the expectation of performance growth driven by the recovery of inbound tourism and increasing airfares aroused buying interest in Rohm. $ANA Holdings (9202.JP)$Also, it mentioned placing buy orders.
Looking at the changes in the amount of shares held by major shareholders in the moomoo securities app, notable increases in major shareholder holdings are seen recently for DMG Mori Seiki and ANA Holdings. The growing expectations of major shareholders are evident.
Changes in the amount of shares held by major shareholders.
Changes in the amount of shares held by major shareholders.
Changes in the amount of shares held by major shareholders.
Changes in the amount of shares held by major shareholders.
Source: Nikkei
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