Archive | General

HOYA (JP: 7741) got beat up again, -3.77% to ¥3,830 (down over 7% in two sessions). It is nearing a calendar year low, set March 19 at ¥3,810. Not necessarily a rush to get in here, but arguably becoming an attractive buying opportunity — either look at buying as a trade and/or build (add) a [...]

The Economist (Apr. 14 – 20, p. 73-4) has a good story on Softbank (JP: 9984) (SFTBF.PK). The main point of the article is Softbank is bleeding cash, serious cash and there doesn’t appear to be an end in sight. It is attracting a lot of news these days because of its very aggressive pricing [...]

FYI: the calendar in the right margin has been updated to show Japanese stocks with ADRs scheduled earnings dates. We haven’t included closely watched stocks without NYSE / Nasdaq ADRs yet and may not. At any rate, there will be a list posted soon with such stocks to watch. For starters, on Monday [4/23] there’s: [...]

Bloomberg reports today: “An advisory panel may urge the government to relax rules that separate banks and brokerages, the Nikkei newspaper reported. The Financial System Council will announce today that it will study the issue and seek to have its conclusions incorporated into the government’s reform framework for 2007 to be released by June, the [...]

Although Shinsei Bank (JP: 8303) recently traded as low as ¥543 intra-day, on 3/29, we think this is a stock to watch in the lagging financial sector. It could be a trade, but we are eyeing a longer-term position. It had a 9.4% run from the low on 3/29 to Monday’s intra-day high of ¥594 [...]

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 [...]

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 [...]