The Best Performing Stocks on the Tokyo Stock Exchange 🇯🇵
What we’re showing
The top 10 Japanese stocks, ranked by their 1-year percentage gains (as of March 5, 2024).
Why Japanese stocks?
Japanese equities have been one of the best performing asset classes lately, with the Nikkei 225 (the country’s leading index) recently setting an all-time high for the first time since December 1989.
Sakura Internet soars after AI announcement
Japan’s best stock over the past 12 months is Sakura Internet Inc., which offers a variety of internet services like cloud computing and home internet.
The stock rallied after it was announced that Sakura would be building a supercomputer designed to develop generative AI models. On top of that, the Japanese government is expected to cover half of the computer’s cost.
Dataset
| Company | Symbol | 1-Yr Performance (%) | Market Cap (JPY) | Market Cap (USD) |
|---|---|---|---|---|
| Sakura Internet Inc | 3778 | 1515 | 323,213,000,000 | 2,165,527,100 |
| Sumiseki Holdings | 1514 | 1032 | 190,714,000,000 | 1,277,783,800 |
| Japan Engine Corp | 6016 | 1022 | 40,974,000,000 | 274,525,800 |
| Micronics Japan | 6871 | 507 | 316,121,000,000 | 2,118,010,700 |
| Namura Shipbuilding Co | 7014 | 491 | 149,252,000,000 | 999,988,400 |
| Genetec Corp | 4492 | 481 | 10,574,000,000 | 70,845,800 |
| Yamadai Corp | 7426 | 441 | 4,894,000,000 | 32,789,800 |
| Mitsui E&S Co | 7003 | 438 | 200,700,000,000 | 1,344,690,000 |
| Towa Corp | 6315 | 423 | 262,324,000,000 | 1,757,570,800 |
| Forside Co | 2330 | 381 | 16,387,000,000 | 109,792,900 |
| Nikkei 225 | 44 |
Data sources
As of March 5, 2024. Figures rounded. Market caps based on a conversion of 0.0067 JPY/USD.
