Top Yielding Japan Stocks

Economists have been saying for the last few years that Japan has been stagnating, and many of those economists believe that the United States is turning into another Japan. But maybe, just maybe, there may be a turn-around in the 'Land of the Rising Sun'. After all, the iShares MSCI Japan Index (EWJ) is up 20.8% since July 1 of last year.

Japan has the third largest economy in the world based on gross domestic product for purchasing power parity and nominal GDP. Three quarters of the GDP comes from the service sector. The countries unemployment rate is 5.1%. The Tokyo Stock Exchange is the largest exchange in the world outside of the United States. There are over 15 different Japanese companies that trade on American stock exchanges, according to WallStreetNewsNetwork.com.

The Tokyo based Canon Inc. (CAJ), the popular manufacturer of copying machines, laser printers, inkjet printers, and cameras, pays a decent 2.3% yield and trades at 19 times forward earnings. The price earnings growth ratio is a very reasonable 0.96. Earnings for the quarter ending September 30 were up an astounding 85.6% on a 17.9% rise in revenues. The company reports earnings on January 27.

Toyota Motor Corp. (TM) is another Japanese dividend payer, yielding 1.1%. This manufacturer of cars, minivans, SUVs, and trucks has a forward price to earnings ratio of 20.7. Earnings for the latest quarter ending September 30 were up an incredible 352%, with sales increasing by 5.8%. Toyota reports February 4.

For a free list of Japan based stocks, which can be downloaded, sorted, and updated, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

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Top Japanese Stocks that Trade on the NYSE

Some interesting facts about Japan:

1. Japan has over 3,000 islands.
2. It has the second largest economy in the world by nominal GDP.
3. It has the third highest GDP by purchasing power parity.
4. It is the fourth largest exporter in the world.
5. It has the fifth largest defense budget in the world.
6. It is the sixth largest importer in the world.
7. The Tokyo Stock Exchange is the second largest stock exchange in the world.
8. Japan catches more fish than any other country in the world except China.
9. It has the third largest R&D budget in the world.
10. More than half of the industrial robots in the world are in Japan.

WallStreetNewsNetwork.com has come up with a list of Japanese stocks which trade on the New York Stock Exchange. Is the Land of the Rising Sun the Land of the Rising Stocks? Here are a few examples.

Canon Inc. (CAJ), which makes copying machines, printers, and cameras, has a P/E of 25.2, a forward PE of 16.8, and a PEG of 0.86.

Kubota Corp. (KUB) makes and markets farm equipment, construction machinery, engines, pipes and valves. The stock has a P/E of 20.6, a forward PE of 14, and a PEG of 1.59.

Nidec Corp. (NJ) makes and sells motors, machinery, and electronic components. The stock has a P/E of 21.4, a forward PE of 14.9, and a PEG of 0.78.

Nippon Telegraph & Telephone Corp. (NTT) is Japan’s large telecommunications company. The stock has a P/E of 9.8, a forward PE of 10.2, and a PEG of 2.25.

If you want a list of all of the Japanese stocks along with their financial ratios in an Excel spreadsheet format, which you can change, add to, delete from, or sort, go to WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com