Japan Fortnightly Update: Banks to Neutral/Utilities to Negative - Results Momentum Still Slowing
CYCLICAL SECTORS RALLY WITH THE MARKET - Japanese equities have rallied 3.6% over the last two weeks, and the market composite is now flat since...
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Monotaro (3064 JP): Share Price Hits New High; Outperforming VONA
On Friday, June 22, MonotaRO closed at ¥5,050, up 56% from its March 5 low of ¥3,235 and above our ¥4,600 price target. Driven by another month of...
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Misumi Group (9962 JP): Investing for the Long Term
After more than doubling outlays in FY Mar-18, Misumi plans to increase investments in production, logistics and IT by another 60% this fiscal year...
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Misumi Group (9962 JP): Good 3Q Results, FY Guidance Within Range
Results for the nine-months to December were in line with expectations, bringing the company within range of FY Mar-18 guidance. Sales were up...
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Misumi Group (9962 JP): Raising Price Target on Good 1H Results, Not Cheap
Having risen by nearly 70% since the beginning of the year, the shares look both over-extended and expensive. Results for the six months to...
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