5 Best Japanese Stocks To Buy In 2024

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In this article, we discuss the 5 best Japanese stocks to buy in 2024. If you want to read our discussion on the Japanese economy, head directly to 11 Best Japanese Stocks To Buy In 2024

5. Takeda Pharmaceutical Company Limited (NYSE:TAK)

Number of Hedge Fund Holders: 12

Takeda Pharmaceutical Company Limited (NYSE:TAK) is a global pharmaceutical company engaged in the research, development, manufacturing, marketing, and out-licensing of pharmaceutical products. The company focuses on different therapeutic areas, including gastroenterology, rare diseases, plasma-derived therapies, immunology, oncology, and neuroscience. Takeda Pharmaceutical Company Limited (NYSE:TAK) is one of the best Japanese stocks to monitor. On February 1, the company reported a GAAP EPS of ¥94 for the nine months ended December 31, 2023. For the 9-month period, the revenue increased 4.6% year-over-year to ¥3212.9 billion. 

According to Insider Monkey’s fourth quarter database, 12 hedge funds were bullish on Takeda Pharmaceutical Company Limited (NYSE:TAK), compared to 13 funds in the last quarter. Israel Englander’s Millennium Management is the leading stakeholder of the company, with 6.5 million shares worth $92.6 million. 

Follow Takeda Pharmaceutical Co Ltd (NYSE:TAK)

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