All the earnings are out. Lasertec had previewed its June 2023 results in a 24 July guidance upgrade, and beat those. It also released June 2024 guidance, which was unchanged at 7 Aug results. Others came in flat to lower than consensus. Lasertec remains a top choice for Nikkei 225 inclusion in September, and it's more flow than most think. Up 11% vs Peer Basket since I wrote. Still good skew.
Lasertec (6920) is a shoo-in for Nikkei 225 inclusion in September according to the quantitative analysis. The amount to buy is a small multiple of ADV, making the inclusion "unimpressive."
It is probably worth looking at the details of ownership, of volume, and of relationship to other stocks in the same general sector.
It is also worth thinking about flow channels (stock up or down changes flows) and forward fundamental calculations.
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