Where to Invest in Japanese Stocks in 2024: A Comprehensive Guide to Promising Sectors and Stocks

Possible sectors and stocks to watch in the Japanese stock market in 2024

The Japanese stock market in 2024 is likely to be influenced by the growth of the global economy and the challenges of population decline and aging in Japan. Which sectors and stocks should investors focus on?

Sectors

Technology

The technology sector is expected to continue to grow in the future, driven by new technological innovations such as AI, IoT, 5G, and autonomous driving. In particular, semiconductors, software, and IT services are expected to remain in high demand.

Strengths

Advancement of new technological innovations
Growth of the global economy
Progress of digitalization

Weaknesses

Intensifying technology competition
Strengthening of regulations
Security risks

2024 industry forecast

However, there are also challenges such as intensifying technology competition, strengthening regulations, and security risks. It is important for companies to actively address these challenges in order to achieve further growth.

Technology sector summary

The technology sector is a promising sector with the potential for continued growth. However, it is important to be aware of challenges such as intensifying technology competition and strengthening regulations, and to develop strategies to address them.

Healthcare

The demand for healthcare and nursing services is increasing in Japan as the population ages. In particular, regenerative medicine, robotic surgery, and digital healthcare are expected to grow in the future.

Strengths

Progress of population aging
Advancement of medical technology
Popularization of digital healthcare

Weaknesses

Rising medical costs
Labor shortage
Strengthening of regulations

2024 industry forecast

However, there are also challenges such as rising medical costs, labor shortage, and strengthening regulations. It is important for companies to actively address these challenges in order to achieve further growth.

Healthcare sector summary

The healthcare sector is a promising sector with the potential for continued growth. However, it is important to be aware of challenges such as rising medical costs, labor shortage, and strengthening regulations, and to develop strategies to address them.

Environment and energy

The environment and energy sector is also attracting attention as the trend towards decarbonization accelerates. In particular, companies related to renewable energy and energy efficiency are expected to continue to grow rapidly.

Strengths

Trend towards decarbonization
Popularization of renewable energy
Advancement of energy efficiency technology

Weaknesses

Rising costs
Uncertainty of technology
Strengthening of regulations

2024 industry forecast

However, there are also challenges such as rising costs, uncertainty of technology, and strengthening regulations. It is important for companies to actively address these challenges in order to achieve further growth.

Environment and energy sector summary

The environment and energy sector is a promising sector with the potential for continued growth. However, it is important to be aware of challenges such as rising costs, uncertainty of technology, and strengthening regulations, and to develop strategies to address them.

Stocks

Semiconductor-related stocks

Semiconductors are essential components for a wide range of devices, including smartphones, computers, and automobiles. As global demand is expected to continue to grow, semiconductor-related stocks have the potential to rise.

Sony Group (6758)
Symphony Technology Group (6507)
Renesas Electronics (6723)
Tokyo Electron (8035)

IT service-related stocks

IT services are in high demand due to the expansion of corporate digitalization and the promotion of workstyle reform. In particular, cloud services, security services, and AI-related services are expected to grow rapidly in the future.

NTT Data (9613)
Fujitsu (6702)
NEC (6701)
SoftBank Group (9984)

Renewable energy-related stocks

Renewable energy is expected to continue to grow rapidly in the future, following the trend towards decarbonization. Specifically, stocks related to solar power, wind power, and hydropower are likely to rise.