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Hokkaido Priest Earns 10% Returns on Temple Investments

By Drooid · · How we work

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Story summary
  • Priest Koukyo Yoneta invested temple donations in U.S. Treasuries, REITs and stocks.
  • The diversified portfolio returned more than 10% annually.
  • Returns covered part of the ¥25 million ($162,000) repair budget and enabled extra renovations.
  • Yoneta, a fifth-generation Hokkaido priest and former Daiwa Securities retail worker, joins a wave of temple owners entering financial markets.