Is the presence of Japanese stocks declining?

The presence of Japanese stocks is shrinking. This is because the performance of Japanese stocks has been lackluster.

However, the reality is not that Japanese stocks are underperforming, but that U.S. stocks are performing well.

Now, in the MSCI World (23 developed countries), the weight of U.S. stocks is nearly 70%.

The image that Japanese stocks are underperforming is strong because this year's performance has been particularly weak.

If you look closely at this table, the performance of Japan and Germany is strikingly similar. There must be a reason for this, right?

In the long run, excluding the United States, the performance of Japanese stocks is quite ordinaryThe performance of U.S. stocks, which have a high weight, has been excellent. In the past 10 years, they have been top-ranked.

The reason Japanese stocks are not performing well is not stated here. Rather, since companies are expanding overseas and working hard, stock prices are being kept up.

The reason U.S. stocks are outstanding is not only in the United States, but also due to the global IT market being dominated by U.S. companies. It is a case of the United States having a dominant position,

◆ MSCI World Index is an index released by MSCI that captures the movements of stock markets in major countries around the world. All copyrights, intellectual property rights, and other rights to this index belong to MSCI.