The 2016 All-Japan Research Team: The No. 1 Analysts
Institutional Investor Research is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

The 2016 All-Japan Research Team: The No. 1 Analysts


Twenty-seven of this year’s 30 top-ranked analysts are returning champions.

The winning streaks continue. Two analysts have spent more than a decade atop their respective sector rosters on Institutional Investor’s All-Japan Research Team: Nobuyuki Saji of Mitsubishi UFJ Morgan Stanley Securities Co., now in his 15th year in first place in Economics, and UBS’s Atsushi Yamaguchi, who celebrates his 14th year at No. 1 in Metals.

Toshiya Mizutani, also of Mitsubishi UFJ Morgan Stanley, captures his tenth straight victory in Construction and thus earns entry into the All-Japan Research Team Hall of Fame.

These three are among the 24 winners who led their lineups in 2015 too. Four advance from second place, one jumps from third and another vaults from runner-up.

Three of these top-ranked researchers are visiting the winner’s circle for the first time: Ryota Himeno of Barclays (Transportation), and Nomura’s Ken Takamiya (Banks) and Daisuke Fukushima (Housing & Real Estate).

Listed below by sector are this year’s top-ranked analysts. Click on an individual’s name to view his or her profile. Please note: Free site registration will be requested of anyone who hasn’t already signed up.


Masataka Kunugimoto


Third year in a row at No. 1

Auto Parts

Kunihiro Matsumoto

SMBC Nikko Securities

Ninth straight sector victory


Ken Takamiya


First appearance in first place

Beverages, Food & Tobacco

Naomi Takagi


Fifth year in a row — and sixth total — at No. 1


Shinsuke Iwasa

Mizuho Securities Group

Third straight — and eighth overall — victory in this category


Shinobu Takeuchi

SMBC Nikko Securities

Second straight sector-topping appearance


Toshiya Mizutani

Mitsubishi UFJ Morgan Stanley Securities Co.

Tenth consecutive first-place finish


Nobuyuki Saji

Mitsubishi UFJ Morgan Stanley Securities Co.

Fifteenth straight sector victory


Takumi Sado

Daiwa Securities Group

Third No. 1 in a row


Yasuo Nakane

Mizuho Securities Group

Third visit to the winner’s circle


Masaya Yamasaki


Second straight — and fifth total — appearance atop the roster

Electronics/Precision Instruments

Masahiro Nakanomyo


Fifth year in a row — and eighth overall — in first place

Energy & Utilities

Norimasa Shinya

Mizuho Securities Group

Third straight No. 1

Equity Strategy

Ryota Sakagami

SMBC Nikko Securities

Second consecutive year on top

Health Care & Pharmaceuticals

Hidekatsu Watanabe

Mizuho Securities Group

Third year in a row as sector champion

Housing & Real Estate

Daisuke Fukushima


First appearance in first place

Insurance & Other Nonbank Financials

Masao Muraki

Deutsche Securities

Sixth straight — and seventh total — No. 1


Sumito Takeda


Second year in a row atop the roster


Katsushi Saito


Thirteenth overall sector victory


Atsushi Yamaguchi


Fourteenth straight year at No. 1

OTC & Small Companies

Mariko Watanabe


Ninth consecutive — and 11th overall — visit to the winner’s circle

Plant Engineering & Shipbuilding

Taku Ouchi

SMBC Nikko Securities

Fourth year in a row at No. 1

Quantitative Research

Hayato Nagayoshi

Mizuho Securities Group

Second straight year in first place


Hiroshi Torii

SMBC Nikko Securities

Fifth year in a row topping the roster


Toshio Takahashi

Mizuho Securities Group

Second consecutive No. 1


Makoto Ueno

Daiwa Securities Group

Third time leading the lineup

Technical Materials

Akiko Kuwahara

Bank of America Merrill Lynch

Sixth consecutive first-place finish


Daisaku Masuno


Eighth straight — and ninth overall — sector-topping appearance

Trading Companies

Jiro Iokibe

Daiwa Securities Group

Second year in a row at No. 1, and third total


Ryota Himeno


First appearance in first place

II’s 23rd annual All-Japan Research Team reflects the opinions of more than 1,100 individuals at 357 buy-side firms that collectively manage roughly $1.2 trillion in Japanese equities.

Follow Thomas W. Johnson on Twitter at @tjohnson_nyc.

Gift this article