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CC Japan Income & Growth Trust PLC on Wednesday announced a higher net asset value total return as it said that Japan will continue to be a favourable environment for investors. The investor specialising in equities listed or quoted in Japan said net asset value per share was 240.5 pence as at October 31, up 22% from 197.3p a year ago. NAV cum-income total return was 25% in the financial year ended October 31, better than the Tokyo Stock Exchange price index, which had a return of 24%. The company does not have a benchmark but uses the Topix for reference purposes. CC Japan’s total return was better than 16% in financial 2024. Total dividends for financial 2025 were 5.90p, up 8.3% from 5.45p a year prior. Portfolio Manager Richard Aston said: ‘The Japanese equity market has continued to build on the strong performance of recent years, with accelerating corporate reforms and the transition within the domestic economy from deflation to inflation both contributing significantly to a robust corporate earnings environment.’ Chair June Aitken said: ‘Japan’s stock market has delivered strong performance over the period since the company’s inception. The board and investment manager believe that the economic and regulatory changes in Japan are likely to benefit good domestic businesses and that Japan will remain a favourable environment for investors. While the yen is unusually weak by any measure, it is worth remembering that foreign investors are still significantly underweight the Japanese market.’ CC Japan shares were 0.6% lower at 240.00 pence each on Wednesday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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