Japan/Asia Long-Short, LightStream Research

Mio Kato

Japan/Asia Long-Short

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Thematic (Sector/Industry)

<p>Factory automation names are down today (Yaskawa -2.5%, Fanuc -3.2%, Nabtesco -2.4%, Harmonic Drive -4.9%, Omron -1.8%, Keyence -3.0%, SMC -1.3%, THK -3.5%, Nippon Thomson -1.7%) following continued news flow regarding additional tariffs on China. Surprisingly, machine tool names (Makino Milling +1.2%, DMG Mori +2.4%, Okuma -0.6% and Toshiba Machine +0.5%) are taking this much better. Or perhaps it's not so surprising given the PE valuations:</p><ul>
<li>Yaskawa - 25x</li>
<li>Fanuc - 25x</li>
<li>Nabtesco - 21x</li>
<li>Harmonic Drive -…</li>
</ul>

Factory automation names are down today (Yaskawa -2.5%, Fanuc -3.2%, Nabtesco -2.4%, Harmonic Drive -4.9%, Omron -1.8%, Keyence -3.0%, SMC -1.3%, THK -3.5%, Nippon Thomson -1.7%) following continued news flow regarding additional tariffs on China. Surprisingly, machine tool names (Makino Milling +1.2%, DMG Mori +2.4%, Okuma -0.6% and Toshiba Machine +0.5%) are taking this much better. Or perhaps it's not so surprising given the PE valuations:
Yaskawa - 25x
Fanuc - 25x
Nabtesco - 21x
Harmonic Drive -…


Japan

Makino Milling Machine Co., Ltd. manufactures, sells, and repairs machining centers (MCs), electrical dischargers, numerical control (NC) milling machines, and other related industrial machinery.  The Company also produces die/mold manufacturing systems as well as Computer Aided Manufacturing (CAM) and Computer Aided Design (CAD) systems software to support its machine tools.

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52-week Range	0.00 - 0.00
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Makino Milling Machine Co (6135 JP)

Factory Automation and Trade Wars

Factory automation names are down today (Yaskawa -2.5%, Fanuc -3.2%, Nabtesco -2.4%, Harmonic Drive -4.9%, Omron -1.8%, Keyence -3.0%, SMC -1.3%,...

Mio Kato

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)