On Jun 20, I selected 10 Japanese stocks and named this virtual portfolio as a “Samurai-Gumi”. I measure this virtual portfolio with price-weighted return because its benchmark Nikkei225 is a price-weighted index. See summary of monthly performance below.

Since inception until Dec 23, this portfolio has a -1.04% return, but it is still outperforming Nikkei225 index by 2.7%. I am also happy to see some of the stock performance, such as Daiichi-Sankyo, Disco, and Ajinomoto. See table below.

Most of the stocks in this list are my favorite Japanese companies and I truly believe they are different with other old-style Japanese company. Many economists would say Japanese company is losing competency in the global market, Japanese company is low productivity, and the whole country is aging, competitive advantage is declining.

Yes, this is right but in my point of view, some Japanese companies have their advantage to survive and growth. Just forgone those low growth, low productivity, and stubborn Oldman Japanese-style companies as they will eventually wind up soon and later but those gems will survive.

Under this first review, I keep this 10 component stocks remain unchanged.

Disclaimer:

This article does not offer any investment advice for buy/sell a stock. At the point of writing this article, I do not hold any stock mentioned above.

Original published on: 

​https://streetanalystblog.wordpress.com/2022/12/24/1st-review-for-samurai-gumi-portfolio/​