Japan’s top shipbuilding-related stock outperforms Nvidia, other AI shares

With world-beating technology, Japan Engine sees share price rise 30-fold in 3 years

20260314N Mitsui E&S

Mitsui E&S, which has seen its stock price increase sixteenfold since 2022, has partnered with Everllence to manufacture diesel engines for large ships. (Mitsui E&S)

ERINA SATO, TAKAHISA TAMURA, and SHOKO KUGAI

TOKYO — Stocks in Japanese companies related to shipbuilding continue to attract investor money, exceeding even the performance of companies involved in artificial intelligence technologies.