Toyota Most Popular Stock Among Japan Individuals, Nomura SaysTakahiko Hyuga
Toyota Motor Corp., the world’s biggest automaker, is the most popular stock among Japanese individual investors, according to a Nomura Holdings Inc. survey.
Toyota was the top pick for 140 respondents, the highest number since June 2007, when Japan’s biggest brokerage started polling retail investors, Nomura spokesman Kenji Yamashita said. Mizuho Financial Group Inc. and Takeda Pharmaceutical Co. ranked second and third, respectively.
The monthly survey was held March 4 to March 5, targeting 24,000 individuals. Nomura then chooses 3,000 investors at random, and picks the first 1,000 responses, it said.
Toyota shares have risen 25 percent this year, compared with the 21 percent gain by the nation’s benchmark Nikkei 225 Stock Average.