5 Best Japanese Stocks to Invest in 2022

2. Honda Motor Co., Ltd. (NYSE:HMC)

Number of Hedge Fund Holders: 14  

Honda Motor Co., Ltd. (NYSE:HMC) develops, manufactures, and distributes motorcycles, automobiles, and power products globally. It is one of the elite Japanese stocks to invest in. On October 11, the firm announced that it would partner with LG Energy Solution to invest $3.5 billion in a new joint venture battery plant in Fayette, Ohio. According to the companies, this joint venture will create 2,200 jobs pending final government approvals.  

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Fisher Asset Management is a leading shareholder in Honda Motor Co., Ltd. (NYSE:HMC), with 8.8 million shares worth more than $213 million.