Reasons why domestic stocks are relatively safer and points to watch out for

The strongest beneficiaries of a weaker yen are the Nikkei Stock Average, which is mainly composed of export-oriented companies. With rising corporate earnings, dividends and share buybacks are accelerating,Long-term holding using NISA makes it easier to absorb some impact from exchange rate fluctuations as a strength.

From a risk diversification perspective as well, it makes sense to diversify across sectors with individual stocks or ETFs (Nikkei 225, TOPIX) that do not require 24-hour monitoring or leverage like currencies.

However, it is not all-powerful. If continued yen depreciation raises import costs and negatively affects small and medium-sized enterprises and consumption, the overall market could be pulled back. For safety-conscious investors,high-dividend stocks and defensive sectors (food, pharmaceuticals, electricity) and index investing are a prudent basic approach. In these times, assets with yen-weakness resilience and real assets with diversification should be prioritized.