Bank of Japan Signals Shake Up Japanese Domestic Demand Stocks

The Bank of Japan is hinting that the era of ultra-cheap money may not last forever, which could reshape the fortunes of Japanese domestic demand and services stocks.

Rising inflation expectations, a possible move in the yen, and a slow grind higher in bond yields are pulling different levers on these stocks at once.

The three Japan domestic demand and services stocks highlighted below are Hokkaido Electric Power Company (TSE:9509), Odakyu Electric Railway (TSE:9007), and Nippon Gas (TSE:8174).