Higher Margin on Incoming Supplies for the Next Five Years, Lifting Sumitomo R&D's FVE to JPY 3,800
We raise our fair value estimate for Sumitomo Realty & Development, or SRD, to JPY 3,800 per share, from JPY 3,000 per share previously,...
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August Is All About Quality and Momentum and Definitely Not About Beta....
High Beta names do not do well in August in Japan. In fact, August is the worst month out of the year for high Beta names. On the other side, names...
546 Views
Panasonic Launches Tender For Panahome... Still Light.
In late December, Panasonic Corp (6752 JP) and Panahome Corp (1924 JP)announced they would merge. This was an event that Japan observers of parents...
531 Views
The Market Sentimentalist: Global Real Estate – Where Are The Risks Residing?
Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble...
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Sumi Realty (8830) To Launch TOB for Sumi Real Estate Sales (8870)... Finally...
After the close today, Japanese real estate mega-developer Sumitomo Realty & Development (8830 JP) ("Sumitomo Realty") announced a Tender Offer...
390 Views