January 11, 2024
Snapshot Top 10: Tokyo Stock Exchange TOPIX 100



The Top 10 performing stocks in the Tokyo Stock Exchange TOPIX 100 are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the Tokyo Stock Exchange TOPIX 100 as of January 11, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Isuzu Motors (XXL, JP)  Automobile Manufacturers
1. Isuzu Motors (XXL, JP)   Automobile Manufacturers 96 81 69 76
2. Takeda Pharmaceutical (XXL, JP)  Pharmaceuticals
2. Takeda Pharmaceutical (XXL, JP)   Pharmaceuticals 96 74 4 6
3. Japan Tobacco (XXL, JP)  Tobacco
3. Japan Tobacco (XXL, JP)   Tobacco 94 42 43 48
4. Nissan Motor (XXL, JP)  Automobile Manufacturers
4. Nissan Motor (XXL, JP)   Automobile Manufacturers 92 100 79 54
5. Komatsu (XXL, JP)  Heavy Machinery
5. Komatsu (XXL, JP)   Heavy Machinery 91 67 80 65
6. Astellas Pharma (XL, JP)  Pharmaceuticals
6. Astellas Pharma (XL, JP)   Pharmaceuticals 91 66 25 12
7. Mitsubishi Chemical (XXL, JP)  Diversified Chemicals
7. Mitsubishi Chemical (XXL, JP)   Diversified Chemicals 85 93 60 59
8. Honda Motor (XXL, JP)  Automobile Manufacturers
8. Honda Motor (XXL, JP)   Automobile Manufacturers 85 97 81 80
9. Sumitomo (XXL, JP)  Trading & Distribution
9. Sumitomo (XXL, JP)   Trading & Distribution 84 86 72 50
10. Canon (XXL, JP)  Technology Hardware & Peripherals
10. Canon (XXL, JP)   Technology Hardware & Peripherals 84 74 83 77

This company has a special achievement which is documented on its stock research page.

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


TOPIX 100 Top 10: Obermatt 360° Investment Strategy

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT
1. Sekisui House (XXL, JP)   Homebuilding
1. Sekisui House (XXL, JP)   Homebuilding 100 77 100 75
2. Fujifilm (XXL, JP)   Technology Hardware & Peripherals
2. Fujifilm (XXL, JP)   Technology Hardware & Peripherals 94 76 69 90
3. Central Japan Railway (XL, JP)   Railroads
3. Central Japan Railway (XL, JP)   Railroads 92 47 85 72
4. Inpex (XL, JP)   Oil & Gas Production
4. Inpex (XL, JP)   Oil & Gas Production 89 82 89 64
5. Subaru (XXL, JP)   Automobile Manufacturers
5. Subaru (XXL, JP)   Automobile Manufacturers 88 83 93 40
6. Terumo (XL, JP)   Health Care Equipment
6. Terumo (XL, JP)   Health Care Equipment 87 27 67 98
7. Sumitomo Electric (XXL, JP)   Auto Parts & Equipment
7. Sumitomo Electric (XXL, JP)   Auto Parts & Equipment 87 69 72 83
8. Asahi Kasei (XXL, JP)   Commodity Chemicals
8. Asahi Kasei (XXL, JP)   Commodity Chemicals 84 79 89 34
9. Otsukas (XXL, JP)   Pharmaceuticals
9. Otsukas (XXL, JP)   Pharmaceuticals 83 78 100 26
10. Honda Motor (XXL, JP)   Automobile Manufacturers
10. Honda Motor (XXL, JP)   Automobile Manufacturers 80 97 81 56

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


TOPIX 100 Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Terumo (XL, JP)   Health Care Equipment
1. Terumo (XL, JP)   Health Care Equipment 98 27 67 87
2. Fujifilm (XXL, JP)   Technology Hardware & Peripherals
2. Fujifilm (XXL, JP)   Technology Hardware & Peripherals 90 76 69 94
3. Tokio Marine (XXL, JP)   Property & Casualty Insurance
3. Tokio Marine (XXL, JP)   Property & Casualty Insurance 88 34 74 62
4. Mitsui Fudosan (XXL, JP)   Real Estate: Diversified Operations
4. Mitsui Fudosan (XXL, JP)   Real Estate: Diversified Operations 88 26 36 64
5. Sumitomo Electric (XXL, JP)   Auto Parts & Equipment
5. Sumitomo Electric (XXL, JP)   Auto Parts & Equipment 83 69 72 87
6. Mitsui (XXL, JP)   Trading & Distribution
6. Mitsui (XXL, JP)   Trading & Distribution 80 32 12 28
7. Denso (XXL, JP)   Auto Parts & Equipment
7. Denso (XXL, JP)   Auto Parts & Equipment 80 17 39 55
8. Daito Trust Construction (XXL, JP)   Real Estate: Diversified Operations
8. Daito Trust Construction (XXL, JP)   Real Estate: Diversified Operations 78 42 66 76
9. Itochu (XXL, JP)   Trading & Distribution
9. Itochu (XXL, JP)   Trading & Distribution 77 25 13 29
10. Sumitomo Realty & Development (XL, JP)   Real Estate: Diversified Operations
10. Sumitomo Realty & Development (XL, JP)   Real Estate: Diversified Operations 76 44 54 75

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


TOPIX 100 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Nissan Motor (XXL, JP)   Automobile Manufacturers
1. Nissan Motor (XXL, JP)   Automobile Manufacturers 100 49 79 54
2. Honda Motor (XXL, JP)   Automobile Manufacturers
2. Honda Motor (XXL, JP)   Automobile Manufacturers 97 47 81 80
3. Panasonic (XXL, JP)   Consumer Electronics
3. Panasonic (XXL, JP)   Consumer Electronics 96 55 82 76
4. Mitsubishi Chemical (XXL, JP)   Diversified Chemicals
4. Mitsubishi Chemical (XXL, JP)   Diversified Chemicals 93 45 60 59
5. ENEOS (XXL, JP)   Oil & Gas Refining
5. ENEOS (XXL, JP)   Oil & Gas Refining 92 63 88 55
6. Marubeni (XXL, JP)   Trading & Distribution
6. Marubeni (XXL, JP)   Trading & Distribution 91 9 56 35
7. Nippon Steel (XXL, JP)   Steel
7. Nippon Steel (XXL, JP)   Steel 88 39 72 67
8. Sumitomo (XXL, JP)   Trading & Distribution
8. Sumitomo (XXL, JP)   Trading & Distribution 86 23 72 50
9. Kansai Electric Power (XXL, JP)   Electric Utilities
9. Kansai Electric Power (XXL, JP)   Electric Utilities 85 81 84 48
10. Subaru (XXL, JP)   Automobile Manufacturers
10. Subaru (XXL, JP)   Automobile Manufacturers 83 57 93 88

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


TOPIX 100 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Central Japan Railway (XL, JP)   Railroads
1. Central Japan Railway (XL, JP)   Railroads 99 47 85 92
2. Sekisui House (XXL, JP)   Homebuilding
2. Sekisui House (XXL, JP)   Homebuilding 97 77 100 100
3. Nomura (XXL, JP)   Investment Banking & Brokerage
3. Nomura (XXL, JP)   Investment Banking & Brokerage 93 63 69 40
4. Ajinomoto (XL, JP)   Packaged Foods & Meats
4. Ajinomoto (XL, JP)   Packaged Foods & Meats 89 8 34 29
5. Mitsubishi Heavy (XXL, JP)   Industrial Machinery
5. Mitsubishi Heavy (XXL, JP)   Industrial Machinery 89 63 68 65
6. Sumitomo Mitsui Financial Group (XXL, JP)   Diversified Banks
6. Sumitomo Mitsui Financial Group (XXL, JP)   Diversified Banks 88 56 64 75
7. Asahi Kasei (XXL, JP)   Commodity Chemicals
7. Asahi Kasei (XXL, JP)   Commodity Chemicals 87 79 89 84
8. Sumitomo Realty & Development (XL, JP)   Real Estate: Diversified Operations
8. Sumitomo Realty & Development (XL, JP)   Real Estate: Diversified Operations 87 44 54 75
9. Terumo (XL, JP)   Health Care Equipment
9. Terumo (XL, JP)   Health Care Equipment 87 27 67 87
10. Nidec (XXL, JP)   Electr. Components & Equipment
10. Nidec (XXL, JP)   Electr. Components & Equipment 87 18 34 19

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


TOPIX 100 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Keyence (XL, JP)  Electronic Equipment
1. Keyence (XL, JP)   Electronic Equipment 100 4 83 59
2. Daito Trust Construction (XXL, JP)  Real Estate: Diversified Operations
2. Daito Trust Construction (XXL, JP)   Real Estate: Diversified Operations 100 42 66 76
3. Resona (XXL, JP)  Regional Banks
3. Resona (XXL, JP)   Regional Banks 98 42 81 77
4. Tokyo Electron (XXL, JP)  Semiconductor Equipment
4. Tokyo Electron (XXL, JP)   Semiconductor Equipment 97 17 55 3
5. Fanuc (XL, JP)  Industrial Machinery
5. Fanuc (XL, JP)   Industrial Machinery 95 31 31 10
6. Hoya (XL, JP)  Health Care Supplies
6. Hoya (XL, JP)   Health Care Supplies 94 20 88 74
7. Subaru (XXL, JP)  Automobile Manufacturers
7. Subaru (XXL, JP)   Automobile Manufacturers 93 83 93 88
8. Nintendo (XXL, JP)  Interactive Home Entertainment
8. Nintendo (XXL, JP)   Interactive Home Entertainment 92 19 69 70
9. Tokio Marine (XXL, JP)  Property & Casualty Insurance
9. Tokio Marine (XXL, JP)   Property & Casualty Insurance 92 34 74 62
10. Mitsubishi Electric (XXL, JP)  Heavy Electrical Equipment
10. Mitsubishi Electric (XXL, JP)   Heavy Electrical Equipment 92 51 92 80

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


TOPIX 100 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. Sekisui House (XXL, JP)  Homebuilding
1. Sekisui House (XXL, JP)   Homebuilding 100 77 97 100
2. Otsukas (XXL, JP)  Pharmaceuticals
2. Otsukas (XXL, JP)   Pharmaceuticals 100 78 79 83
3. MS&AD Insurance (XXL, JP)  Property & Casualty Insurance
3. MS&AD Insurance (XXL, JP)   Property & Casualty Insurance 94 69 61 44
4. Subaru (XXL, JP)  Automobile Manufacturers
4. Subaru (XXL, JP)   Automobile Manufacturers 93 83 57 88
5. Mitsubishi Electric (XXL, JP)  Heavy Electrical Equipment
5. Mitsubishi Electric (XXL, JP)   Heavy Electrical Equipment 92 51 85 80
6. Asahi Kasei (XXL, JP)  Commodity Chemicals
6. Asahi Kasei (XXL, JP)   Commodity Chemicals 89 79 87 84
7. Inpex (XL, JP)  Oil & Gas Production
7. Inpex (XL, JP)   Oil & Gas Production 89 82 79 89
8. Hoya (XL, JP)  Health Care Supplies
8. Hoya (XL, JP)   Health Care Supplies 88 20 71 74
9. Kyocera (XXL, JP)  Electronic Components
9. Kyocera (XXL, JP)   Electronic Components 88 73 57 75
10. ENEOS (XXL, JP)  Oil & Gas Refining
10. ENEOS (XXL, JP)   Oil & Gas Refining 88 92 63 55

January 11, 2024. Top 10s are published weekly following the . ( or for more stocks)


This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index Tokyo Stock Exchange TOPIX 100 from January 11, 2024.

Top 10 Stock History TOPIX 100



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