Schroder Japan Trust plc - SJG

Capturing Japan's new dawn

Why invest in SJG?

The Japanese equity market currently offers a compelling long-term investment opportunity. Several developments that are unique to Japan should combine to support sustained corporate earnings growth and increasing valuation multiples in the years ahead. SJG is an excellent way of gaining exposure to Japan’s exciting potential.

Behind the trust: read our philosophy article >

Portfolio Manager, Masaki Taketsume, presents the Trust's annual results for the year ended 31 July 2024.

A supportive macroeconomic environment

Japan is experiencing encouraging economic conditions. Reinvestment of higher profits through wage increases is driving sustainable economic progress. Governance reforms are improving returns and growth prospects in Japan's corporate landscape.

A disciplined and differentiated approach

Masaki Taketsume, portfolio manager, has crafted a successful and distinctive investment approach by identifying mispriced stocks. SJG should appeal to income-seeking investors with an aim to pay a dividend of 4% of net asset value annually.

The time for active managers to shine

This represents an exciting environment for active, high conviction stock pickers. By focusing the portfolio towards undervalued businesses with strong growth prospects and the potential to improve returns, Masaki is confident in the opportunity ahead.

Download Key Material

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Half Year Report 2025
Annual Report and Accounts 2024
Factsheet - SJG
Kepler Research - SJG
Key Information Document - SJG

Portfolio and Performance

Logo from Kepler Trust Intelligence

Source: Kepler Trust Intelligence, 2025

Schroder Japan Trust AJ Bell Investment Award

Source: AJ Bell, 2024

Citywire's investment trust manager ratings are three-year risk-adjusted measures of the movement in a trust’s net asset value (NAV). They are based on the ‘information ratio’, which is a measure of a fund manager’s skill against a benchmark.  The benchmarks are applied at the trust level, using month-end cum fair NAV. This methodology is consistent with our annual Citywire Investment Trust Awards and our established fund manager ratings.  For a fund manager to be considered, they need a 36-month track record. Each trust they manage also requires a 36-month track record, unless it aligns with a trust in the same sector and is assigned the same benchmark as an eligible trust.

Source: Citywire, 2025

In the media

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Citywire: Asia results round-up
Kepler: Interim Results Analysis - April 2025
Citywire: The most consistently rated trust managers
IFA Magazine: Fidelity International reveals top-selling funds and investment trusts in January
UK Investing: Schroder Japan Trust shows robust performance under Masaki's leadership
The John Baron Portfolios Podcast: Interview with Masaki Taketsume
Citywire: Interview with Masaki Taketsume
Investors Chronicle: Making sense of Japan’s economic and political developments
Armchair Trader: Schroder Japan following Japan’s comeback trail
The Mail on Sunday on the Schroder Japan Trust
AIC: Big in Japan - where are you currently finding opportunities?
Kepler: Spotlight on SJG's enhanced dividend
Kepler article: Winds of change
Fidelity: Why have investors been buying Japan?
QuotedData Investment Companies Roundup

Related articles

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Company documents

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Document archive
Half Year Report 2025
Annual Report and Accounts 2024
AGM Results 2024
Portfolio Holdings
Privacy Policy
Financial Crime Policy
Terms of Reference: Audit and Risk Committee
Terms of Reference: Nomination Committee
Terms of Reference: Management Engagement Committee