<p>日本的利率市场再次引起了人们的关注，10 年期国债收益率达到了 2.88%，人们对通货膨胀、油价和巨额财政支出的担忧也重新浮现。对于投资者而言，这种高收益率和通胀风险的组合可能会悄然改变哪些股票看起来具有韧性，哪些可能会面临困难。本文将关注三只受日本利率和通胀压力最新消息影响的股票，均处于风险一侧，以帮助您发现上升的借贷成本和燃料费用可能开始挤压资产负债表和利润潜力的地方。</p>
<h2>东京电力公司控股 (TSE:9501)</h2>
<p><strong>概述：</strong> 东京电力公司控股是日本一家主要的公用事业公司，负责发电和供电，运营核能、火电和可再生能源发电厂，同时在日本和海外运营输电网和相关能源服务。</p>
<p><strong>运营：</strong> 东京电力公司控股大部分约¥6,328,574 百万的收入来自其能源合作伙伴部门的¥4,989,666 百万和电网部门的¥2,294,368 百万，所有报告的收入均来自日本。</p>
<p><strong>市值：</strong> ¥769,134.9 百万</p>
<p>从市销率来看，东京电力公司控股似乎价格便宜，分析师预计其盈利将大幅增长，有可能恢复盈利。然而，情况远非简单。该公司仍在亏损，2026 财年报告净亏损为¥454,263 百万，完全依赖外部借款，因此日本国债收益率和融资成本的上升可能迅速挤压已经微薄的利润率。油价上涨在债务未能很好覆盖运营现金流的情况下，进一步加大了燃料成本的压力，过去五年盈利趋势疲软。仅关注表面估值的投资者可能会忽视这家公用事业公司对长期高利率和通胀驱动成本的敏感性。</p>
<p>东京电力公司控股正处于燃料成本上升和借款加重的十字路口，表面估值仅讲述了部分故事。将两个关键收益和一个重要的主要警告信号结合起来。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/10a95491-62b3-4447-8565-a753a58477ab/chart/pe-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA3LTA5?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/10a95491-62b3-4447-8565-a753a58477ab/chart/pe-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA3LTA5"/></p>
<p>截至 2026 年 7 月的 TSE:9501 市盈率</p>
<h2>日本航空 (TSE:9201)</h2>
<p><strong>概述：</strong> 日本航空是一家全方位服务和低成本航空公司集团，运营覆盖日本、亚洲、大洋洲、美国和欧洲的客运和货运航班，同时提供相关服务，如机场地面服务、维护、行李配送、智能手机租赁和机上餐饮。</p>
<p><strong>运营：</strong> 日本航空大部分收入来自其全方位服务航空业务的¥1,587,464 百万，此外还有来自里程/金融和商业的¥222,274 百万、其他的¥259,051 百万和其低成本航空部门的¥114,924 百万。这部分被¥171,199 百万的未分配调整所抵消。</p>
<p><strong>市值：</strong> ¥1,308.4 亿</p>
<p>日本航空处于日本利率和通胀故事的中心，油价上涨直接影响燃料成本，而更高的收益率威胁到未来再融资的成本，因为它完全依赖外部借款。过去一年的盈利增长和 9.8 倍的市盈率可能会引起您的注意，但利润率仍然适中，收入增长预测落后于更广泛的日本市场，10.8% 的股本回报率在借款成本上升时留给失误的空间有限。再加上不稳定的股息记录和关于董事会独立性和更替的治理问题，风险特征似乎比表面估值和近期盈利数字所暗示的更复杂。</p>
<p>日本航空最近的盈利反弹和 9.8 倍的市盈率可能掩盖了其适中利润率和完全依赖外部借款的脆弱性，尤其是在融资成本变化时。获取完整故事，请关注 4 个关键收益和 1 个重要警告信号。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/235b7d01-d47b-4dff-a07c-9fd4456d5080/chart/pe-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA3LTA5?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/235b7d01-d47b-4dff-a07c-9fd4456d5080/chart/pe-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA3LTA5"/></p>
<p>截至 2026 年 7 月的 TSE:9201 市盈率</p>
<h2>住友房地产与开发 (TSE:8830)</h2>
<p><strong>概述：</strong> 住友房地产与开发是一家大型日本房地产集团，开发、拥有、销售和管理办公楼、公寓、住宅、酒店和商业设施，同时还经营健身俱乐部、高尔夫球场、停车场、清洁、室内服务和小型零售等副业。</p>
<p><strong>运营：</strong> 住友房地产与开发大部分约¥1,057,765 百万的收入来自租赁的¥460,637 百万、销售的¥324,033 百万和住房业务的¥188,905 百万，所有报告的收入均来自日本。</p>
<p><strong>市值：</strong> ¥3,554.1 亿</p>
<p>住友房地产与开发提供高质量的收益，20.1% 的利润率和渐进的股息政策。然而，作为一家高度依赖债务融资的开发商，它正处于日本利率飙升的直接影响之下。随着 10 年期日本国债收益率达到 2.88%，更高的融资成本可能影响其 9.3% 的五年盈利增长记录以及公司继续提高股息的计划。该股票的交易价格已经远高于估算的现金流价值，并且市盈率比许多房地产同行更高。如果借款变得更加昂贵，而收入增长仍然低于更广泛的市场，错误的余地似乎比表面基本面所暗示的要小。</p>
<p>住友房地产与开发的高市盈率和大量外部借款可能掩盖了更高融资成本对 20.1% 利润率的影响，两个关键收益和一个重要的主要警告信号暗示了投资者很少考虑的风险。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/760d73b4-b04b-4030-bcd2-a92a0288b32b/chart/dcf/query-ZGF0ZT0yMDI2LTA3LTA5?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/760d73b4-b04b-4030-bcd2-a92a0288b32b/chart/dcf/query-ZGF0ZT0yMDI2LTA3LTA5"/></p>
<p>截至 2026 年 7 月的 8830 折现现金流</p>
<h2>掌控您的投资旅程</h2>
<p>如果日本航空或这些公司让您感到更加谨慎，请免费注册 Simply Wall St，并将您的公司添加到观察列表中，以监控股价与公允价值的对比，并跟踪任何新动态。一旦您做出决策，使用我们的投资组合指挥中心管理您的持股，过滤掉噪音，只提供最关键、可操作的更新。在您的旅程中，我们的社区允许您从数千个投资者的观点中筛选出最佳想法。通过及早发现隐藏的催化剂和风险，您将加快决策速度，始终领先于市场。</p>
<h2>在其他人之前寻找替代方案？</h2>
<p>新鲜的股票想法可以迅速从冷门变为热门，随着动量的积累，价格开始飞涨，低调的故事也被关注。浏览这些精心策划的列表，提前进入市场。</p>
<ul>
<li>通过审查 20 只高质量被低估的股票，目标是高现金流强度，这些股票在目前仍处于低调状态，具有稳健的资产负债表。</li>
<li>通过评估 56 只低风险分数的精选股票，发现韧性机会，这些公司在价格仍在下跌时保持风险分数在可控范围内，直到人群注意到它们。</li>
<li>通过扫描 35 只专注于电网升级和支持股票的电网技术和基础设施股票，审查长期基础设施暴露，直到这一主题仍在发展。</li>
</ul>
<p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
<h3><strong>新功能：</strong> 在一个地方管理您的所有股票投资组合</h3>
<p>我们为股票投资者创建了 <strong>终极投资组合伴侣</strong>，<strong>而且是免费的。</strong></p>
<p>• 连接无限数量的投资组合，并以一种货币查看您的总额</p>
<p>• 通过电子邮件或手机接收新的警告信号或风险提示</p>
<p>• 跟踪您股票的公允价值</p>
<p>免费试用演示投资组合</p>

8830

9501

9201

<p>日本债券收益率上升和通胀担忧正在加大对三只股票的财务压力：东京电力、日本航空和住友房地产。这三家公司都严重依赖外部借款，使其对更高的融资成本十分敏感。此外，油价上涨威胁到公用事业和航空公司的利润空间。尽管估值看起来具有吸引力，但投资者面临着由于这些宏观经济逆风导致的资产负债表紧缩和潜在盈利下降的风险</p>

<p>Japan’s rate market has swung sharply back into focus, with the 10 year government bond yield hitting 2.88% and renewed concern over inflation, oil prices, and heavy fiscal spending. For investors, this mix of higher yields and inflation risk can quietly reshape which stocks look resilient and which ones may struggle. This article looks at three stocks exposed to the latest news on Japanese rates and inflation pressures, all on the risk side of the ledger, to help you spot where rising borrowing costs and fuel expenses could start to squeeze balance sheets and profit potential.</p>
<div class="lb-trans"><p>日本的利率市场再次引起了人们的关注，10 年期国债收益率达到了 2.88%，人们对通货膨胀、油价和巨额财政支出的担忧也重新浮现。对于投资者而言，这种高收益率和通胀风险的组合可能会悄然改变哪些股票看起来具有韧性，哪些可能会面临困难。本文将关注三只受日本利率和通胀压力最新消息影响的股票，均处于风险一侧，以帮助您发现上升的借贷成本和燃料费用可能开始挤压资产负债表和利润潜力的地方。</p>
</div><h2>Tokyo Electric Power Company Holdings (TSE:9501)</h2>
<div class="lb-trans"><h2>东京电力公司控股 (TSE:9501)</h2>
</div><p><strong>Overview:</strong> Tokyo Electric Power Company Holdings is a major Japanese utility that generates and supplies electricity and gas, running a mix of nuclear, thermal and renewable power plants while also operating transmission grids and related energy services in Japan and abroad.</p>
<div class="lb-trans"><p><strong>概述：</strong> 东京电力公司控股是日本一家主要的公用事业公司，负责发电和供电，运营核能、火电和可再生能源发电厂，同时在日本和海外运营输电网和相关能源服务。</p>
</div><p><strong>Operations:</strong> Tokyo Electric Power Company Holdings generates most of its roughly ¥6,328,574 million in revenue from its Energy Partner segment at ¥4,989,666 million and Power Grid at ¥2,294,368 million, with all reported revenue coming from Japan.</p>
<div class="lb-trans"><p><strong>运营：</strong> 东京电力公司控股大部分约¥6,328,574 百万的收入来自其能源合作伙伴部门的¥4,989,666 百万和电网部门的¥2,294,368 百万，所有报告的收入均来自日本。</p>
</div><p><strong>Market Cap:</strong> ¥769,134.9 million</p>
<div class="lb-trans"><p><strong>市值：</strong> ¥769,134.9 百万</p>
</div><p>Tokyo Electric Power Company Holdings appears inexpensive on a P/S basis, and analysts expect very strong earnings growth with a potential return to profitability. However, the picture is far from straightforward. The company is still loss making, reported a net loss of ¥454,263 million in FY2026 and relies entirely on external borrowing, so higher Japanese bond yields and funding costs could quickly squeeze already thin margins. Rising oil prices add another layer of pressure on fuel costs at a time when debt is not well covered by operating cash flow and earnings have trended weaker over the past five years. Investors who focus only on the headline valuation risk missing how sensitive this utility could be to a prolonged period of higher rates and inflation driven costs.</p>
<div class="lb-trans"><p>从市销率来看，东京电力公司控股似乎价格便宜，分析师预计其盈利将大幅增长，有可能恢复盈利。然而，情况远非简单。该公司仍在亏损，2026 财年报告净亏损为¥454,263 百万，完全依赖外部借款，因此日本国债收益率和融资成本的上升可能迅速挤压已经微薄的利润率。油价上涨在债务未能很好覆盖运营现金流的情况下，进一步加大了燃料成本的压力，过去五年盈利趋势疲软。仅关注表面估值的投资者可能会忽视这家公用事业公司对长期高利率和通胀驱动成本的敏感性。</p>
</div><p>Tokyo Electric Power Company Holdings sits at the crossroads of rising fuel costs and heavier borrowing, and the headline valuation only tells part of the story. Put the pieces together with the 2 key rewards and 1 important major warning sign</p>
<div class="lb-trans"><p>东京电力公司控股正处于燃料成本上升和借款加重的十字路口，表面估值仅讲述了部分故事。将两个关键收益和一个重要的主要警告信号结合起来。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/10a95491-62b3-4447-8565-a753a58477ab/chart/pe-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA3LTA5" alt="" original-src="https://images.simplywall.st/company/10a95491-62b3-4447-8565-a753a58477ab/chart/pe-multiple-vs-industry?date=2026-07-09"/></p>
<p>TSE:9501 P/E Ratio as at Jul 2026</p>
<div class="lb-trans"><p>截至 2026 年 7 月的 TSE:9501 市盈率</p>
</div><h2>Japan Airlines (TSE:9201)</h2>
<div class="lb-trans"><h2>日本航空 (TSE:9201)</h2>
</div><p><strong>Overview:</strong> Japan Airlines is a full service and low cost carrier group that operates passenger and cargo flights across Japan, Asia, Oceania, the United States and Europe, while also providing related services such as airport ground handling, maintenance, baggage delivery, smartphone rental and in flight catering.</p>
<div class="lb-trans"><p><strong>概述：</strong> 日本航空是一家全方位服务和低成本航空公司集团，运营覆盖日本、亚洲、大洋洲、美国和欧洲的客运和货运航班，同时提供相关服务，如机场地面服务、维护、行李配送、智能手机租赁和机上餐饮。</p>
</div><p><strong>Operations:</strong> Japan Airlines generates most of its revenue from its Full Service Carrier Business at ¥1,587,464 million, with additional contributions from Mileage/Finance and Commerce at ¥222,274 million, Others at ¥259,051 million and its LCC segment at ¥114,924 million. This is partially offset by a ¥171,199 million unallocated adjustment.</p>
<div class="lb-trans"><p><strong>运营：</strong> 日本航空大部分收入来自其全方位服务航空业务的¥1,587,464 百万，此外还有来自里程/金融和商业的¥222,274 百万、其他的¥259,051 百万和其低成本航空部门的¥114,924 百万。这部分被¥171,199 百万的未分配调整所抵消。</p>
</div><p><strong>Market Cap:</strong> ¥1,308.4 billion</p>
<div class="lb-trans"><p><strong>市值：</strong> ¥1,308.4 亿</p>
</div><p>Japan Airlines sits at the center of Japan’s rate and inflation story, with higher oil prices feeding directly into fuel costs and higher yields threatening to make future refinancing more expensive, as it relies entirely on external borrowing. Earnings growth over the past year and a P/E of 9.8x may catch your eye, but margins remain modest, revenue growth forecasts trail the wider Japanese market and return on equity of 10.8% leaves limited room for missteps if borrowing costs rise. Combined with an unstable dividend record and governance questions around board independence and turnover, the risk profile appears more complex than the headline valuation and recent profit numbers alone might suggest.</p>
<div class="lb-trans"><p>日本航空处于日本利率和通胀故事的中心，油价上涨直接影响燃料成本，而更高的收益率威胁到未来再融资的成本，因为它完全依赖外部借款。过去一年的盈利增长和 9.8 倍的市盈率可能会引起您的注意，但利润率仍然适中，收入增长预测落后于更广泛的日本市场，10.8% 的股本回报率在借款成本上升时留给失误的空间有限。再加上不稳定的股息记录和关于董事会独立性和更替的治理问题，风险特征似乎比表面估值和近期盈利数字所暗示的更复杂。</p>
</div><p>Japan Airlines’ recent earnings rebound and 9.8x P/E can mask how fragile its modest margins and full reliance on external borrowing may appear if funding costs shift. Get the full story in the 4 key rewards and 1 important warning sign</p>
<div class="lb-trans"><p>日本航空最近的盈利反弹和 9.8 倍的市盈率可能掩盖了其适中利润率和完全依赖外部借款的脆弱性，尤其是在融资成本变化时。获取完整故事，请关注 4 个关键收益和 1 个重要警告信号。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/235b7d01-d47b-4dff-a07c-9fd4456d5080/chart/pe-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA3LTA5" alt="" original-src="https://images.simplywall.st/company/235b7d01-d47b-4dff-a07c-9fd4456d5080/chart/pe-multiple-vs-industry?date=2026-07-09"/></p>
<p>TSE:9201 P/E Ratio as at Jul 2026</p>
<div class="lb-trans"><p>截至 2026 年 7 月的 TSE:9201 市盈率</p>
</div><h2>Sumitomo Realty &amp; Development (TSE:8830)</h2>
<div class="lb-trans"><h2>住友房地产与开发 (TSE:8830)</h2>
</div><p><strong>Overview:</strong> Sumitomo Realty &amp; Development is a large Japanese property group that develops, owns, sells and manages office buildings, condominiums, houses, hotels and commercial facilities, while also running side businesses such as fitness clubs, golf courses, parking, cleaning, interior services and small format retail.</p>
<div class="lb-trans"><p><strong>概述：</strong> 住友房地产与开发是一家大型日本房地产集团，开发、拥有、销售和管理办公楼、公寓、住宅、酒店和商业设施，同时还经营健身俱乐部、高尔夫球场、停车场、清洁、室内服务和小型零售等副业。</p>
</div><p><strong>Operations:</strong> Sumitomo Realty &amp; Development generates most of its roughly ¥1,057,765 million in revenue from Leasing at ¥460,637 million, Sales at ¥324,033 million and Housing Business at ¥188,905 million, with all reported revenue coming from Japan.</p>
<div class="lb-trans"><p><strong>运营：</strong> 住友房地产与开发大部分约¥1,057,765 百万的收入来自租赁的¥460,637 百万、销售的¥324,033 百万和住房业务的¥188,905 百万，所有报告的收入均来自日本。</p>
</div><p><strong>Market Cap:</strong> ¥3,554.1 billion</p>
<div class="lb-trans"><p><strong>市值：</strong> ¥3,554.1 亿</p>
</div><p>Sumitomo Realty &amp; Development offers a mix of high quality earnings, a 20.1% profit margin and a progressive dividend policy. However, it sits squarely in the firing line of Japan’s rate spike as a heavily debt funded developer that relies entirely on external borrowing. With the 10 year JGB yield at 2.88%, higher funding costs could affect its 9.3% 5 year earnings growth record and the company’s plan to keep lifting dividends. The stock already trades well above an estimated cash flow value and at richer multiples than many real estate peers. If borrowing becomes more expensive and revenue growth remains slower than the wider market, the margin for error appears smaller than the headline fundamentals might suggest.</p>
<div class="lb-trans"><p>住友房地产与开发提供高质量的收益，20.1% 的利润率和渐进的股息政策。然而，作为一家高度依赖债务融资的开发商，它正处于日本利率飙升的直接影响之下。随着 10 年期日本国债收益率达到 2.88%，更高的融资成本可能影响其 9.3% 的五年盈利增长记录以及公司继续提高股息的计划。该股票的交易价格已经远高于估算的现金流价值，并且市盈率比许多房地产同行更高。如果借款变得更加昂贵，而收入增长仍然低于更广泛的市场，错误的余地似乎比表面基本面所暗示的要小。</p>
</div><p>Sumitomo Realty &amp; Development’s rich multiples and heavy external borrowing could be masking how quickly higher funding costs might bite into that 20.1% profit margin, and the 2 key rewards and 1 important major warning sign hints at one risk investors rarely factor in</p>
<div class="lb-trans"><p>住友房地产与开发的高市盈率和大量外部借款可能掩盖了更高融资成本对 20.1% 利润率的影响，两个关键收益和一个重要的主要警告信号暗示了投资者很少考虑的风险。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/760d73b4-b04b-4030-bcd2-a92a0288b32b/chart/dcf/query-ZGF0ZT0yMDI2LTA3LTA5" alt="" original-src="https://images.simplywall.st/company/760d73b4-b04b-4030-bcd2-a92a0288b32b/chart/dcf?date=2026-07-09"/></p>
<p>8830 Discounted Cash Flow as at Jul 2026</p>
<div class="lb-trans"><p>截至 2026 年 7 月的 8830 折现现金流</p>
</div><h2>Take Control of Your Investment Journey</h2>
<div class="lb-trans"><h2>掌控您的投资旅程</h2>
</div><p>If Japan Airlines or any of these companies are making you feel more cautious, register for FREE with Simply Wall St and add your companies to a Watchlist to monitor the share price against the fair value and track any new developments as they happen. Once you've made your move, manage your holdings with our Portfolio Command Center that filters out the noise to deliver only the most critical, actionable updates. Throughout your journey, our Community allows you to filter the best ideas from thousands of investor perspectives. By uncovering hidden catalysts and risks early, you'll accelerate your decision-making and stay one step ahead of the market.</p>
<div class="lb-trans"><p>如果日本航空或这些公司让您感到更加谨慎，请免费注册 Simply Wall St，并将您的公司添加到观察列表中，以监控股价与公允价值的对比，并跟踪任何新动态。一旦您做出决策，使用我们的投资组合指挥中心管理您的持股，过滤掉噪音，只提供最关键、可操作的更新。在您的旅程中，我们的社区允许您从数千个投资者的观点中筛选出最佳想法。通过及早发现隐藏的催化剂和风险，您将加快决策速度，始终领先于市场。</p>
</div><h2>Seeking Alternatives Before Everyone Else?</h2>
<div class="lb-trans"><h2>在其他人之前寻找替代方案？</h2>
</div><p>Fresh stock ideas can move from quiet to crowded quickly, as momentum builds, prices start flying and under the radar stories get caught. Scan these curated lists and get in early.</p>
<div class="lb-trans"><p>新鲜的股票想法可以迅速从冷门变为热门，随着动量的积累，价格开始飞涨，低调的故事也被关注。浏览这些精心策划的列表，提前进入市场。</p>
</div><ul>
<li>Target high cash flow strength by reviewing a curated 20 high quality undervalued stocks that screens for robust balance sheets while they are still under the radar for now.</li>
<li>Spot resilient opportunities by assessing a hand picked 56 resilient stocks with low risk scores before the crowd notices which companies keep risk scores in check while prices are still dropping into range.</li>
<li>Review long term infrastructure exposure by scanning a curated 35 power grid technology and infrastructure stocks that focuses on grid upgrades and support stocks while this theme still develops.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过审查 20 只高质量被低估的股票，目标是高现金流强度，这些股票在目前仍处于低调状态，具有稳健的资产负债表。</li>
<li>通过评估 56 只低风险分数的精选股票，发现韧性机会，这些公司在价格仍在下跌时保持风险分数在可控范围内，直到人群注意到它们。</li>
<li>通过扫描 35 只专注于电网升级和支持股票的电网技术和基础设施股票，审查长期基础设施暴露，直到这一主题仍在发展。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们基于历史数据和分析师预测提供评论，仅使用无偏见的方法，我们的文章不构成财务建议。</strong> 它不构成购买或出售任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div><h3><strong>New:</strong> Manage All Your Stock Portfolios in One Place</h3>
<div class="lb-trans"><h3><strong>新功能：</strong> 在一个地方管理您的所有股票投资组合</h3>
</div><p>We've created the <strong>ultimate portfolio companion</strong> for stock investors, <strong>and it's free.</strong></p>
<div class="lb-trans"><p>我们为股票投资者创建了 <strong>终极投资组合伴侣</strong>，<strong>而且是免费的。</strong></p>
</div><p>• Connect an unlimited number of Portfolios and see your total in one currency</p>
<div class="lb-trans"><p>• 连接无限数量的投资组合，并以一种货币查看您的总额</p>
</div><p>• Be alerted to new Warning Signs or Risks via email or mobile</p>
<div class="lb-trans"><p>• 通过电子邮件或手机接收新的警告信号或风险提示</p>
</div><p>• Track the Fair Value of your stocks</p>
<div class="lb-trans"><p>• 跟踪您股票的公允价值</p>
</div><p>Try a Demo Portfolio for Free</p>
<div class="lb-trans"><p>免费试用演示投资组合</p>
</div>

随着日本债券收益率的上升，日本航空的股票面临更为严峻的局面