Kawasaki Kisen Kaisha
japan kawasaki

Kawasaki Kisen Kaisha, known for the "K Line" logo stamped on its containers, is a Japan-based transport company. It's up 76% year-to-date.

It's not that prospects for the shipping industry are improving.

Rather, Kawasaki Kisen Kaisha is another beneficiary of the weak yen. As the yen loses ground against foreign currencies, K Line contracts increase in value.

So far this year, the yen has declined 14% against the U.S. dollar.

- Last updated April 25 2013 08:56 PM ET