How cheap Japanese stock is!

　It is difficult to find the target of an investment now.
Japanese yen is so expensive. The interest rate of a fixed deposit in Japan is so cheap. The interest rate of Japanese national bond is also cheap.
Where is an attractive target?
I think it is the stock of Japanese company.
For example, Stock price of Panasonic is very cheap. The price is 1026 yen today.
PBR(price book value ratio) of Panasonic is 0.58!
Panasonic is not so famous in countries other than Japan.
But Panasonic is the one of the most excellent company in Japan.

A popularity poll from Japanese students who are hunting job indicates Panasonic is the third position in all of Japanese companies.


And US Patent Top 10 in 2006 indicates that Panasonic is the fourth position which is higher than the position of INTEL.


I think that Panasonic stock is a good target for an investment.