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JII Compounders

Compounders Portfolio

Updated 2026-06-10 close
Important notice. Published by Japan Investor Interface Co., Ltd. ("JII"), an investor-relations consultancy. JII is not a registered financial instruments business operator under Japan's Financial Instruments and Exchange Act and does not provide investment advice. This is a hypothetical model portfolio for informational and educational purposes only. It is not a recommendation or solicitation to buy or sell any security, takes no account of any person's objectives or financial circumstances, and is not a real portfolio — no assets are managed against it. All figures derive from public disclosures and historical prices; past results do not indicate future performance. JII holds no positions in the securities shown.
Portfolio Methodology — Four Key Squares

Click a company to see why it is in the portfolio, the risks, and what could change our view.

The three price ranges come from our own study of how Japanese share prices behaved from 2021 to 2025. They are statistical reference levels, not a solicitation to buy or sell — how the allocation works →

NameWeight1Accumulation Range2Trim Range3Trend Break Range4
1 4071 Plus Alpha Consulting 7.83% ¥2,090 – ¥2,386 ¥2,657 – ¥2,883 ¥1,366 – ¥1,745
2 4194 Visional 7.67% ¥7,009 – ¥7,544 ¥8,450 – ¥12,311 ¥5,634 – ¥7,303
3 4776 Cybozu 7.16% ¥2,093 – ¥2,338 ¥2,562 – ¥4,045 ¥1,697 – ¥2,284
4 2477 Temairazu 6.85% ¥1,948 – ¥2,134 ¥3,244 – ¥3,702 ¥2,282 – ¥2,637
5 7378 ASIRO 6.80% ¥1,311 – ¥1,465 ¥2,298 – ¥2,311 ¥1,100 – ¥1,403
6 2353 Nippon Parking Development 6.65% ¥230 – ¥239 ¥298 – ¥307 ¥200 – ¥227
7 5843 Nippon Insure 6.49% ¥1,893 – ¥2,129 ¥2,677 – ¥3,359 ¥999 – ¥1,589
8 6947 Zuken 6.31% ¥4,368 – ¥4,585 ¥4,805 – ¥5,566 ¥4,031 – ¥4,415
9 6037 Rakumachi 5.15% ¥828 – ¥909 ¥1,067 – ¥1,337 ¥593 – ¥779
10 4377 ONE CAREER 4.79% ¥1,698 – ¥1,837 ¥2,321 – ¥2,910 ¥1,265 – ¥1,676
11 5570 Jenoba 4.66% ¥598 – ¥637 ¥717 – ¥805 ¥576 – ¥633
12 4058 Toyokumo 4.64% ¥1,820 – ¥1,970 ¥2,271 – ¥3,546 ¥1,422 – ¥1,953
13 4475 HENNGE 4.43% ¥977 – ¥1,070 ¥1,165 – ¥1,914 ¥793 – ¥1,073
14 6532 BayCurrent 4.34% ¥4,803 – ¥5,391 ¥6,124 – ¥9,105 ¥3,910 – ¥5,209
15 3984 User Local 4.17% ¥1,579 – ¥1,701 ¥1,920 – ¥2,171 ¥1,462 – ¥1,639
16 4493 Cyber Security Cloud 4.06% ¥1,447 – ¥1,620 ¥1,843 – ¥2,037 ¥1,561 – ¥1,680
17 2301 Gakujo 4.02% ¥1,496 – ¥1,543 ¥1,918 – ¥2,174 ¥1,390 – ¥1,586
18 4168 Yappli 3.98% ¥701 – ¥725 ¥808 – ¥1,047 ¥606 – ¥716
Daily closeranges and weights restated New disclosurethat company is re-scored New profile publishedname enters, weights renormalize

1 Weight. Three numbers multiply into each weight. First, the company's Four Key Squares score: control more squares, get up to 1.5 times the base amount. Second, a valuation rank inside this group: the cheaper a company is against the profit its capital earns, the higher the factor, from 0.85 to 1.15. Third, a tape factor from 0.8 to 1.2: band positions that historically led to better 12-month results get more. The results are then scaled so the whole portfolio adds up to 100%.

2 Accumulation Range. The dip zone: one to three standard deviations below the stock's own 20-day average price. Our study found dips were worth buying only while the longer monthly trend stayed healthy — such dips rose 61% of the time over the following 12 months. The zone moves with the price every day. It is a reference for buying gradually, not a prediction that the price will get there.

3 Trim Range. From the weekly upper band to the monthly upper band. A stock trading above several of its own bands at once has run hot: in our study, such stocks rose only 53% of the time over the following 12 months — no better odds than a broken stock. So the model reduces here. This is not a price target. A trimmed name can be bought back lower.

4 Trend Break Range. Below this zone, the monthly trend is broken. Broken trends were the worst place in our study: a 53% win rate and almost no median gain for a year. The rule is patience — no new buying below the floor, and a long stay below it makes us re-test the whole thesis. This is what keeps a cheap stock from quietly becoming a value trap.

5 Updates. Prices restate the ranges and weights every trading day. Company news restates the boards: a buyback, a dividend change, or a new large shareholder re-scores that company the day it is announced. Earnings re-test everything. Newly profiled names compete for a place: every board is scored the same way, and the portfolio holds at most the twenty highest-scoring names. Names whose valuation leaves the screen go out regardless of score.

This seriesPortfolio · Four Key Squares · Allocation strategy · Four Key Squares by company Research behind itCompounder profiles · Screening universe · Screening methodology DataPrices: J-Quants · Filings: EDINET, TDnet · © Japan Investor Interface Co., Ltd.