Japanese Accelerated Perf Fund Share Discussion Threads

[briarberry] 11/2/2009 17:34

Feb. 10 (Bloomberg) -- Japan's consumer sentiment stayed near its lowest level in at least 26 years in January, indicating households are likely to keep cutting spending.

The confidence index rose to 26.4 last month from 26.2 in December, the lowest since the government began compiling the figures in 1982, the Cabinet Office said today in Tokyo.

[briarberry] 11/2/2009 16:21

Shortage of platinum after Japan buying spree

Tokyo bullion dealers are reporting an unprecedented drought of platinum ingots and coins, blaming the economic downturn and dwindling faith in the Government for a rush by middle-class Japanese families to buy precious metal.

With dealers turning away would-be platinum customers for lack of stock, retail investment interest is turning towards the even rarer Canadian Maple Leaf palladium coin.

.
Platinum sales at Tanaka Kikinzoku, the largest Japanese bullion dealer, have soared by 430 per cent over the past 12 months

[energyi] 06/2/2009 00:48

JP## : Property Company========= : Price : - Low - High -: P/E - : Volume
8801 : Mitsui Fudosan Co (Tokyo) : 1,297 : 0,986 - 2,825 : 13.05 : 9,196K
8802 : Mitsubishi Estate (Tokyo) : 1,241 : 0.988 - 3,160 : 19.70 : 11,324K
8803 : Heiwa Real Estate (Tokyo) : 0,223 : 0,180 - 0,640 : 08.72 : 0,607K
8804 : Tokyo Tatemone (Tokyo)... : 0,306 : 0,224 - 0,960 : 04.44 : 6,215K
8806 : Daibiru Corp (Osaka)..... : 0,824 : 0,534 - 1,282 : 22.51 : 0,182K
8809*: Sankei Building (Tokyo).. : 0,443 : 0,288 - 1,017 : 12.18 : 0,129K
8815*: Tokyu Land (Tokyo)....... : 0,296 : 0,190 - 0.904 : 05.48 : 5,883K
8830 : Sumitomo Rlty&Dev (Tokyo) : 1,099 : 0,962 - 2,875 : 08.26 : 7,236K
8834 : Towa Real Estate (Tokyo). : 0,053 : 0,044 - 0,165 : 01.48 : 3,724K
8838 : Yuraka Real Estate (Tok.) : 0,103 : 0,083 - 0,525 : 01.27 : 0,045K
8840 : Daikyo Inc (Tokyo)....... : 0,063 : 0,054 - 0,283 : 01.35 : 1,509K

[briarberry] 05/2/2009 21:28

More Japanese electronics companies announced swingeing job cuts. Panasonic shed 15,000 employees, NEC slashed its workforce by 20,000 and Hitachi said 7,000 jobs would go. The companies all posted big losses for the fourth quarter, as consumers reined in their spending and the yen strengthened, hurting Japanese exports.

[briarberry] 28/1/2009 16:48

Japan, some stats from the Economist...

Exports account for almost half of Japan's manufacturing output, which as a consequence is seeing its biggest falls since records began: November's output was down by 13% on a year earlier. Orders for machine tools in December, an early indicator of things to come, were 72% lower than a year before.

In November the value of exports fell by 27% year on year. The picture only worsened in December with a year-on-year fall of 35%. Recession in the United States was the main cause, with exports there down by 36.9% from a year earlier. In turn, the global slump has also knocked supply chains in Asia, sending Japan's exports to China down by 35.5% in December, with exports to Asia's "tigers" (Hong Kong, Singapore, South Korea and Taiwan) falling by even more than those to America.

[briarberry] 28/1/2009 12:47

Toyota appointed Akio Toyoda, grandson of the company's founder, as its new boss. The Japanese carmaker is expected to make its first-ever operating loss in the year to March. In one bright spot, Toyota said it sold 8.97m cars last year, beating General Motors' tally of 8.35m and thus becoming the world's biggest carmaker, a title GM has held for 77 years.

[briarberry] 15/1/2009 19:07

Jan. 15 (Bloomberg) -- Japanese machinery orders fell by a record in November as businesses cut spending amid a deepening global recession that's choked off demand for the country's cars and electronics.

Orders, an indicator of capital spending in the next three to six months, slid 16.2 percent from October, the biggest drop since the current survey began in 1987, the Cabinet Office said today in Tokyo. Economists surveyed by Bloomberg predicted an 8 percent decline.

[briarberry] 13/1/2009 15:46

Japanese electronics major Sony Corp. is expected to report its first operating loss in 14 years as demand for flat-screen televisions and other consumer products sags and profit margins are pared by a strong yen, according to a media report Tuesday.

[energyi] 08/1/2009 15:15

SZCAK Jan 17 09 89.00 2.92 -0.48 (2.87 - 2.88) 4,560

SPY at: 90.10

[briarberry] 30/12/2008 16:07

Japan's economy will probably shrink at an annual 12.1 percent pace this quarter

Dec. 30 (Bloomberg) -- Japan's economy will probably shrink at an annual 12.1 percent pace this quarter, the sharpest drop since 1974, as exports collapse, Barclays Capital said.

Gross domestic product in the three months ending tomorrow will fall at almost three times the 4.1 percent rate previously predicted, said Kyohei Morita, chief Japan economist at Barclays in Tokyo, after reports last week showed industrial production and exports posted the biggest declines on record in November.

"Given the speed and the length of the contraction, this recession could be the most severe in the postwar era," Morita said. "We expect negative growth will continue for a fifth straight quarter to the April-June period of 2009."

[briarberry] 23/12/2008 13:05

I wish I knew

here in the UK I expect things will be worse next year

[energyi] 23/12/2008 00:28

Is the BAD NEWS out yet?

[briarberry] 22/12/2008 13:57

Dec. 22 (Bloomberg) -- Japan's exports plunged the most on record in November as global demand for cars and electronics collapsed, signaling more factory shutdowns and job cuts are likely as the recession deepens.

Exports fell 26.7 percent from a year earlier, the Finance Ministry said today in Tokyo. That was more than the 22.3 percent decline estimated by economists and the sharpest since comparable data were made available in 1980.

Shipments to the U.S. slid an unprecedented 34 percent and sales to China slumped the most in 13 years, underscoring why the Bank of Japan lowered its key interest rate to 0.1 percent last week.

[briarberry] 29/10/2008 13:38

Toshiba actually made a net loss of 26.9bn yen (£173m; $277m) as sales fell 7% in the third quarter.

For the same period last year, the company posted a profit of 25bn yen.

[briarberry] 29/10/2008 13:34

Sony's Quarterly Profit Falls by 72 Percent
By MARTIN FACKLER 8:08 AM ET

Sony reported a 72 percent drop in profit in the most recent quarter, hurt by a stronger yen and the global economic slowdown.




(hopefully the weaker GBP will help our business, although not sure we manufacture enough for it to make a difference ???)

[energyi] 29/10/2008 02:42

(From SCMP):

Tokyo Prices set for Downturn

Residential prices may be set for "major decline" : excess supply, flagging demand

+ Slowing economy
+ Credit crisis has tightened lending
+ Slump in condos may last longer than drop after 1990

YET...
Condo supply in Tokyo fell by 24%
New condos (put up for sale) fell from above 80,000 since 1999 to 69,194

Tenants like Lehman Bros. shedding space

[hectorp] 27/10/2008 09:17

NOw some good news?
Japan's Government may act to sell YEN as the Group of 7 didn't intervene over the weekend.
IF so , it would be very good for Japanese eqities.

[supermum] 27/10/2008 08:07

you think that there cant be much left to sell... then read this...

[cameo4] 27/10/2008 00:52

the nikkei tonight has hit a 26 year intraday low. i still don't know if there is enough blood in the streets to start buying.