Japan - Big Increase in Shorts Led by Consumer Staples and Consumer Discretionary Names
The short notional in the market for the data released 25 February is US$25.03bn (up by US$955mm excluding FX movements) with the largest short...
433 Views
Harmonic Drive – Margin Deterioration Hurts Even LT Story
Almost nine months ago when Harmonic Drive released its ¥1bn OP guidance for the year we said:“That ¥1bn OP estimate may look exceedingly...
494 Views
Keyence – Valuations a Risk but Increasingly Attractive Relative to Peers
Keyence reported relatively weak 3Q numbers with revenue down 8.4% YoY (consensus -3.4%) although OP was down just -4.9% (consensus -8.1%). We...
420 Views
Fanuc – Still the Ugly Duckling
Fanuc’s 3Q results beat consensus as revenue of ¥125.5bn was 1.4% above consensus at ¥123.8bn and OP of ¥19.6bn beat consensus’ ¥16.8bn by 16.7%....
589 Views
Yaskawa – No Signs of Recovery
Stock performance and financial performance for Yaskawa continue to diverge. The stock continues to rise in absolute terms though outperformance...
553 Views