This feature introduces 6 small- and mid-cap stocks listed on the Tokyo Stock Exchange Growth and Standard markets that were selected for their high dividends and attractive valuations. All 6 have fiscal years ending in March and reported year-on-year profit growth in the first quarter.
This report selects mainly small- and mid-cap stocks listed on the Tokyo Stock Exchange based on high dividends and attractive valuations, and presents the 6 stocks in a table showing their stock codes, names, valuation metrics and adjusted beta relative to TOPIX. The criteria are market capitalization of less than ¥300 billion, forecast PER for the current fiscal year of 14x or less, forecast dividend yield for the current fiscal year of 4% or more, positive net income in the previous fiscal year, and adjusted beta relative to TOPIX of less than 1. All 6 have fiscal years ending in March and had completed their first-quarter results, with net income higher year on year in every case.
Of the stocks on the list, the 6 stocks that meet the criteria are 不動テトラ, 西松建設, 日本曹達, ダイキョーニシカワ, アルファシステムズ and ジーテクト. The table shows each stock's code, name, latest PER, dividend yield and beta relative to TOPIX, and the stocks are listed in stock-code order. This feature is intended to provide investors with metrics that may serve as a guide to stock selection.