Japanese Equity Specialist, Ortus Advisors

Andrew Jackson

Japanese Equity Specialist

Ortus Advisors

Thematic (Sector/Industry)

<ul>
<li>Big Tesla move up may help sentiment for Panasonic, although gains are largely Trump related.</li>
<li>Lumentum strong numbers and big move up will continue to help sentiment for optical related plays in Japan.</li>
<li>Good numbers from Sony with solid performance from its mainstay games and imaging segments.</li>
</ul>


Big Tesla move up may help sentiment for Panasonic, although gains are largely Trump related.
Lumentum strong numbers and big move up will continue to help sentiment for optical related plays in Japan.
Good numbers from Sony with solid performance from its mainstay games and imaging segments.


Japan Morning Connection: Strong Earnings from Sony's Games and Sensors

Japan Specialist

Mark Chadwick

<ul>
<li>Japanese stocks had a stellar week, with the Nikkei 225 Index advancing 3.8% to close at 39,500, and the broader Topix Index gaining 3.7% to 2,742</li>
<li>The election of President Trump sparked a surge in U.S. equities, but also rising Treasury yields and a stronger dollar.</li>
<li>Furukawa and Net One were among the top performing stocks this week. MUFG, Recruit, Softbank, Tokyo Electron (and loads more) are slated to report earnings this week</li>
</ul>


Japanese stocks had a stellar week, with the Nikkei 225 Index advancing 3.8% to close at 39,500, and the broader Topix Index gaining 3.7% to 2,742
The election of President Trump sparked a surge in U.S. equities, but also rising Treasury yields and a stronger dollar.
Furukawa and Net One were among the top performing stocks this week. MUFG, Recruit, Softbank, Tokyo Electron (and loads more) are slated to report earnings this week


<ul>
<li>US semi-capex rebound setting a better tone for peers in Japan.</li>
<li>Poor numbers for Rohm and Wolfspeed casting a pall over SiC related.</li>
<li>Taiyo Yuden setting a bad tone for MLCC related, while Shiseido may hit new lows.</li>
</ul>


US semi-capex rebound setting a better tone for peers in Japan.
Poor numbers for Rohm and Wolfspeed casting a pall over SiC related.
Taiyo Yuden setting a bad tone for MLCC related, while Shiseido may hit new lows.


Japan Morning Connection: Will Shiseido Hit New Multi-Year Lows?

<ul>
<li>Trump names including banks, energy and tech rally hard, while renewables are sold heavily</li>
<li>Underperformance by semi-capex plays with high China sales may be reflected in Japan SPE today</li>
<li>Global defense rallied on the spectre of higher spend requirements for EU countries</li>
</ul>


Trump names including banks, energy and tech rally hard, while renewables are sold heavily
Underperformance by semi-capex plays with high China sales may be reflected in Japan SPE today
Global defense rallied on the spectre of higher spend requirements for EU countries


Japan Morning Connection: Trump Names Rally in the Wake of Re-Election

<ul>
<li>Tech and Semi's month-end weakness setting a risk-off tone for Japan to start.</li>
<li>Mag7 all down, although there are a few bright spots AH with Intel and Amazon higher.</li>
<li>Watch Ibiden earnings call for clues if their NVDA business can take over from INTC as its main driver.</li>
</ul>


Tech and Semi's month-end weakness setting a risk-off tone for Japan to start.
Mag7 all down, although there are a few bright spots AH with Intel and Amazon higher.
Watch Ibiden earnings call for clues if their NVDA business can take over from INTC as its main driver.


Japan Morning Connection: Earnings Driven Weakness Overnight Points to a Soft Start

Japan

Furukawa Electric Co., Ltd. manufactures wires, cables, and metal products. The Company holds patents in optical fiber coating technology and produces optical fiber cables in the United States.  Furukawa Electric's metal products include aluminum cans, air conditioner parts, and shape memory alloys.

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Furukawa Electric (5801 JP)

Japan Morning Connection: Strong Earnings from Sony's Games and Sensors

Tesla's move may boost Panasonic sentiment, Lumentum's strong numbers will benefit optical plays, Sony reports good numbers driven by games and...

Andrew Jackson

Japan Weekly | A Stellar Week

Japanese stocks surged this week, with the Nikkei 225 and Topix Index both posting gains, while U.S. equities reacted positively to President...

Mark Chadwick

Japan Morning Connection: Will Shiseido Hit New Multi-Year Lows?

US semi-capex rebound positive for peers in Japan, but bad tone is set for SiC and MLCC related sectors. Shiseido may see new multi-year lows.

Andrew Jackson

Japan Morning Connection: Trump Names Rally in the Wake of Re-Election

Trump names rally while renewables sold heavily. Underperformance by semi-capex with high China sales may reflect in Japan SPE. Global defense...

Andrew Jackson

Japan Morning Connection: Earnings Driven Weakness Overnight Points to a Soft Start

Risk-off tone for Japan with tech and semi month-end weakness. Mag7 down although Intel and Amazon higher AH. Watch Ibiden if their NVDA business...

Andrew Jackson

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Japan Morning Connection: Strong Earnings from Sony's Games and Sensors

​Tesla's move may boost Panasonic sentiment, Lumentum's strong numbers will benefit optical plays, Sony reports good numbers driven by games and...

Andrew Jackson

Japan Weekly | A Stellar Week

​Japanese stocks surged this week, with the Nikkei 225 and Topix Index both posting gains, while U.S. equities reacted positively to President...

Mark Chadwick

Japan Morning Connection: Will Shiseido Hit New Multi-Year Lows?

​US semi-capex rebound positive for peers in Japan, but bad tone is set for SiC and MLCC related sectors. Shiseido may see new multi-year lows.

Andrew Jackson

Japan Morning Connection: Trump Names Rally in the Wake of Re-Election

Trump names rally while renewables sold heavily. Underperformance by semi-capex with high China sales may reflect in Japan SPE. Global defense...

Andrew Jackson

Japan Morning Connection: Earnings Driven Weakness Overnight Points to a Soft Start

Risk-off tone for Japan with tech and semi month-end weakness. Mag7 down although Intel and Amazon higher AH. Watch Ibiden if their NVDA business...

Andrew Jackson

Tesla's move may boost Panasonic sentiment, Lumentum's strong numbers will benefit optical plays, Sony reports good numbers driven by games and...

Japanese stocks surged this week, with the Nikkei 225 and Topix Index both posting gains, while U.S. equities reacted positively to President...

US semi-capex rebound positive for peers in Japan, but bad tone is set for SiC and MLCC related sectors. Shiseido may see new multi-year lows.