Watch the yen-U.S. dollar: we could see 119 for the first time since stocks sold-off globally back in late February. Yen weakness bodes well for Japanese exporters and Japanese stocks in general, despite the fact import costs rise. That is mostly overlooked, at least on the surface level. The yen carry trade remains too good [...]
Archive | April 4, 2007
Daihatsu Topples Suzuki
A quick post here to inform readers of Daihatsu’s (JP: 7262) 1st place rank in Japanese mini-car sales for the fiscal year just ended last month. This is the first time it has led in its 100-year history, according to Reuters Japan. Also, it is the first time in 34 years Suzuki (JP: 7269) has [...]
Sega is a Buy
I don’t have time to go into details at the moment, but I suggest taking a look at Sega Sammy (SGAMY.PK) (JP:6460). It has a P/E ratio right around 10x, P/B is less than 2, dividend yield is about 3%, and foreign investment funds seem to be eyeing and buying (ex. Capital Research Mgmt. filed [...]
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