As we begin a new year, there are always questions about which stocks will be the best performers. When it comes to Japanese stocks, a few always seem to be at the top of the list. So, without further ado, here are the ten best Japanese stocks to invest in for 2022.
Toyota Motor Corporation (NYSE: TM)
While Toyota may have been affected by the pandemic like many other automakers, it is still one of its largest and most well-respected companies. It is also worth noting that Toyota has been investing heavily in electric vehicles (EVs) and autonomous driving technology, which could pay off handsomely in the years to come.
Sony Corporation (NYSE: SNE)
Sony is another Japanese conglomerate with a wide range of businesses, from electronics to gaming. Thanks to solid demand for its PlayStation 5 console, the company has been on a roll lately. Sony also has a growing portfolio of successful films and TV shows, which should help it prosper in the years ahead.
Honda Motor Co., Ltd. (NYSE: HMC)
Honda is another leading Japanese automaker that has been investing heavily in EVs. The company recently announced plans to elect its entire global fleet by 2040. This shift could pay off handsomely for Honda in the years to come as the world becomes more focused on environmental issues.
Nintendo Co., Ltd. (OTC: NTDOY)
Nintendo is a well-known video game company that has seen a resurgence in popularity. The release of its Switch console has been an enormous success, and the company’s games continue to be famous around the world. With the gaming industry only expected to grow in the years ahead, Nintendo looks poised for continued success.
Panasonic Corporation (OTC: PCRFY)
Panasonic is a Japanese electronics giant that is known for making high-quality products. In recent years, the corporation has struggled as it transitions away from consumer electronics, but there are signs that it may be starting to turn things around. Panasonic could be an excellent long-term investment as it looks to regain its footing.
Mitsubishi UFJ Financial Group, Inc. (NYSE: MTU)
One of the biggest banks in Japan is the Mitsubishi UFJ Financial Group. The company has been facing some headwinds lately due to the low-interest-rate environment, but it remains a well-run institution. As the Japanese economy continues to recover, Mitsubishi UFJ should resume its growth.
Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG)
Sumitomo Mitsui Financial Group is another sizeable Japanese bank facing challenges due to the low-interest-rate environment. However, the company has been making strides to reduce costs and improve efficiency. Sumitomo Mitsui could be an excellent long-term investment as it looks to return to profitability.
Dai-ichi Life Holdings, Inc. (NYSE: DCP)
Dai-ichi Life is a leading Japanese life insurance company facing challenges due to the low-interest-rate environment. However, the company has been improving its profitability by expanding into new markets and product lines. Dai-ichi Life could be an excellent long-term investment as it looks to return to growth.
Nippon Telegraph and Telephone Corporation (NYSE: NTTYY)
Nippon Telegraph and Telephone is one of the largest telecommunications companies in Japan. The company has been facing challenges in recent years as it transitions to a more digital world, but it remains a strong player in the industry. Nippon Telegraph and Telephone could be an excellent long-term investment as it looks to rebound from its recent struggles.
Mazda Motor Corporation (OTC: MZDAY)
Mazda is a well-known Japanese automaker that is known for its stylish cars. Thanks to solid demand for its new models, the company has been doing well recently. Mazda looks poised for continued growth in the years ahead, making it a good choice for investors.
As can be seen, there are many great Japanese stocks to invest in for 2022. These companies are well-positioned to take advantage of the positive trends in the Japanese economy. So, if you’re looking for good stocks to buy for the long term, be sure to keep these ten names on your radar. Go to this address to keep up to date with Japanese stocks.