Top 20 Japanese stocks by 12-month momentum — as of 2026-09-03
We screened 720 Japanese stocks by 12-month momentum and publish the top 20. As of 2026-09-03, market median 14.6%. Formula and limitations included.
- Universe
- 720
- Market median
- 14.6%
- Top decile cutoff
- 77.1%
| Rank | Stock | 12-1 momentum |
|---|---|---|
| 1 | ＱＤレーザ6613.T | 433.2% |
| 2 | テクニスコ2962.T | 336.7% |
| 3 | オンコリスバイオファーマ4588.T | 297.3% |
| 4 | エンプラス6961.T | 233.2% |
| 5 | 村田製作所6981.T | 206.9% |
| 6 | ＦＩＧ4392.T | 206% |
| 7 | ｓａｎｔｅｃ Ｈｏｌｄｉｎｇｓ6777.T | 202.8% |
| 8 | 日本電波工業6779.T | 199.3% |
| 9 | ＶＡＬＵＥＮＥＸ4422.T | 186.7% |
| 10 | 日機装6376.T | 183.5% |
| 11 | ホリイフードサービス3077.T | 183.3% |
| 12 | ソラスト6197.T | 176.1% |
| 13 | テラプローブ6627.T | 176.1% |
| 14 | 第一稀元素化学工業4082.T | 161.8% |
| 15 | 秋田銀行8343.T | 155.4% |
| 16 | ＫＯＡ6999.T | 151.5% |
| 17 | 琉球銀行8399.T | 151.2% |
| 18 | ＢＵＦＦＡＬＯ6676.T | 148.4% |
| 19 | ユニオンツール6278.T | 147.1% |
| 20 | 大東港運9367.T | 146.6% |
As of 2026-09-03
What this metric measures
Twelve-month momentum is the trailing 12-month return excluding the most recent month. Jegadeesh and Titman documented in 1993 that stocks with strong 3–12 month returns continue to outperform over the following 3–12 months, making it a standard factor. The last month is dropped because short-term reversal contaminates the signal.
How we calculate it
Cumulative price return from 12 months ago to one month ago, excluding dividends, recalculated daily.
Limitations of this list
Momentum is the factor that breaks down hardest when markets reverse sharply, an effect known as a momentum crash. When an uptrend snaps, the top-ranked names fall the most, and this list does not forecast that turn.
Frequently asked questions
Why exclude the most recent month?
The last month carries a short-term reversal effect that works against momentum. The academic standard, 12-1 momentum, drops that window to keep the signal clean.
Is it safe to buy high-momentum stocks now?
Momentum is a statistical tendency observed on average, not a forecast for an individual stock. In sharp market reversals, high-momentum names decline the most.
Is momentum the same as trend following?
No. This metric ranks stocks against each other at the same point in time, which is relative momentum. Trend following compares one asset to its own past, an absolute momentum measure with different mechanics.
Other screens
Cite or embed this data
Top 20 Japanese stocks by 12-month momentum — as of 2026-09-03 — Market median 14.6%, Universe 720. Margin Call, https://margincall.online/screener/momentum-jp
<iframe src="https://margincall.online/embed/screener/momentum-jp?locale=en" width="100%" height="280" style="border:1px solid #e5e5e5;border-radius:12px" loading="lazy" title="Top 20 Japanese stocks by 12-month momentum — as of 2026-09-03"></iframe> <p><a href="https://margincall.online/screener/momentum-jp">Top 20 Japanese stocks by 12-month momentum — as of 2026-09-03 — Margin Call</a></p>
Free to quote or embed with attribution.
This list is the output of a financial-metric calculation, not investment advice. No single metric supports a buy or sell decision, and past financial data does not guarantee future returns.
Get the app
Your watchlist and portfolio, one tap from your home screen — the Margin Call app