低ボラティリティ防御的銘柄
Correction (June 2026): This article discusses Japan Prime Realty Investment Corporation, which trades on the TSE under ticker 8955. An earlier version of the title contained ticker 3283 (Nippon Prologis REIT) in error. All financial data in this article refers to ticker 8955. I’ve been watching JPR’s Japanese-language IR releases closely for the past several … Read more
4.29% yield. 20% NAV discount. Tokyo CBD office vacancy near multi-year lows. Japan Real Estate Investment (8952) is the benchmark J-REIT by market cap and liquidity — yet most US income investors have never modeled it. The data that matters most is buried in Japanese-language earnings presentations (earnings briefing materials (決算説明会資料)) that English summaries consistently … Read more
Disclosure: This article contains affiliate links to TradingView. We may earn a commission at no extra cost to you. ¥80 DPS. 24 consecutive years of dividend growth. A ¥300 billion buyback announced May 2026. KDDI quietly compounds while English-language coverage obsesses over Rakuten’s losses and SoftBank’s Vision Fund drama — and that neglect may be … Read more
Disclosure: This article contains affiliate links to TradingView. We may earn a commission at no extra cost to you. Constant-FX adjusted operating profit: +24.9% in FY2025. Forward yield: ~3.9%. Payout ratio: ~39%. English analyst notes consistently omit the constant-FX breakdown buried in JT’s earnings report (決算短信) supplemental slides — the very figure that reframes what … Read more
Disclosure: This article contains affiliate links to TradingView. We may earn a commission at no extra cost to you. ORIX generated ¥447 billion in net income in FY2026 — 27% above the prior year — and simultaneously sold its banking arm for ¥370 billion to redeploy into private equity and renewables. Yet most US investors … Read more
Disclosure: This article contains affiliate links to TradingView. We may earn a commission at no extra cost to you. +31% dividend hike. Five-for-one stock split. Both announced April 28, 2026. Toyoda Gosei (7282) trades at 0.94x book and 9.4x earnings — sub-1x PBR, a 28% payout ratio, and ¥138/share annual dividend that most English screens … Read more
Annual dividend per share (¥) — source: Tokio Marine Holdings IR filings (東京海上ホールディングス) ¥980.4 billion in full-year net income. A ¥287 billion Berkshire Hathaway strategic stake finalized in May 2026. A 3.07% trailing dividend yield on a stock that barely registers in US financial media. Tokio Marine (8766) is hiding in plain sight — and … Read more
Key Primary Sources: ARES Japan (Association for Real Estate Securitization) | Tokyo Stock Exchange J-REIT listing | MLIT (Ministry of Land, Infrastructure, Transport and Tourism) | Nippon Building Fund IR | Japan Real Estate Investment IR I keep coming back to one number from NBF’s February 2026 earnings presentation (決算説明資料) that English-language wire services buried … Read more
Disclosure: This article contains affiliate links to TradingView. We may earn a commission at no extra cost to you. ¥14.41 trillion in FY2026 revenue. Sixteen straight years of dividend increases. And a Japanese-language medium-term management plan (中期経営計画) packed with AI and data-center capex detail that has barely surfaced in English analyst coverage — that information … Read more
