Jpmorgan Japanese Invest... Share Discussion Threads

[gabriel3] 19/9/2005 13:21

who buy super clear copper-100 kg cu63,cu65?

[vatattack] 18/9/2005 13:21

Japan govt to upgrade capital spending view in Sept economic report - Nikkei

TOKYO (AFX) - The Cabinet Office is finalizing plans with other government
offices to revise upward its capital spending assessment in the September
monthly economic report, the first upgrading in two years, the Nihon Keizai
Shimbun reported over the weekend.
The office plans to upgrade its evaluation of capital spending to
"increasing" from the prior month's "increasing moderately", the newspaper said.
Minister of Economy and Fiscal Policy Heizo Takenaka will submit the
September report Thursday to a cabinet meeting of economy-related ministers.
The Cabinet Office plans, however, to keep its overall economic assessment
unchanged from the August report, which stated that "the economy is recovering
at a moderate pace, with the corporate sector as well as the household sector
improving," the report said.
The basic assessments for production, employment and consumer spending are
expected to remain unchanged on the month as well, it said.
In the August monthly report, the government described the economy as
recovering from its recent soft patch. The September assessment will highlight
an ongoing recovery led by private-sector demand, the Nikkei said.

[markth] 18/9/2005 09:29

When Koizumi privatises the Post Office, some of that wall of consumer money currently languishing there might find its way into the stock market. That would help the supply:demand equation and push the price of this IT up.

[stillbroke] 18/9/2005 09:05

My bullish case for the stock market in Japan (Merryn on Money, September 4) had little to do with the country's election, but Koizumi's landslide win last week and his mandate for reform certainly can't hurt - nor can the healthy economic statistics pouring out of the country. I'm convinced a new bull market is under way in Japan.

[stillbroke] 18/9/2005 09:00

Tokyo vote boosts market's revival

Figures released on Monday revealed that the economy expanded at an annual rate of 3.3% in the spring, revised up from an earlier estimate of just 1.1% and more than twice the gain that had been expected by economists.

The growth rate looks even more impressive against Japan's long-term average of about 1%.

Analysts were particularly cheered by the fact that the growth was driven by consumer and company spending, rather than just exports.

Japan's previous recoveries were driven primarily by overseas sales, which faltered when global demand dried up.

Economists also hope that Japan will finally see an end to deflation, or falling prices, by the end of this year.

Several factors could move prices up again. Full-time employment is growing for the first time since 1997, pushing up wages. This could feed through into higher prices if it boosts consumer spending. And last year property prices in Tokyo rose for the first time in 13 years.

[stillbroke] 18/9/2005 08:54

Japanese pin their faith on reforming zeal of Koizumi

THE after-work sake and champagne were flowing in Tokyo on Friday night as brokers and analysts celebrated their belief that shares in Japan are set for a substantial, sustained rally after the landslide election victory of prime minister Junichiro Koizumi.

[grippa] 17/9/2005 13:29

Nav now at £2.58 ...the only way is up from here!

[stillbroke] 17/9/2005 09:30

Election victory points to new Japan

[megsta] 16/9/2005 08:36

% Largest holdings (as 31 August 2005)
3.6 SFCG
3.6 Mizuho Financial
3.5 Toyota Motor
3.4 Cannon
3.0 Aeon Mall
2.8 Nissan Motor
2.6 USS
2.6 Matsui Securities
2.6 Sumitomo
2.5 Nidec

% Sector weightings (as 30 June 2005)
16.20 Other Financing Business
11.20 Real Estate
10.50 Transport Equipment
7.50 Services
7.40 Electrical Appliances
6.30 Banks
5.80 Machinery
5.80 Others
5.30 Wholesale Trade
4.00 Retail Trade

[stillbroke] 16/9/2005 08:34

PS summary of Jap bull points recently made on TMF:

[stillbroke] 16/9/2005 07:50

I've a few of these, good way to play the long-awaited Jap recovery. Also hold BGFD, which has performed better and trades on a slightly narrower discount as a result. Complements this well as covers mid and smaller cos, whereas this is mainly large cap.

[grippa] 12/9/2005 13:05

megsta...thanks for the post

[megsta] 12/9/2005 09:51

Markets hail Japan poll landslide

Investors have reacted favourably to Japanese Prime Minister Junichiro Koizumi's landslide election win, with shares and the yen rising strongly.
The Nikkei-225 index rose 204.39 points or 1.6%, ending at a four-year high of 12,896.43. The yen strengthened against the dollar from 110.50 to 109.61.

Mr Koizumi's victory gives him a strong mandate for reforms to revive Japan's sluggish economy, analysts say.

Markets also welcomed figures showing faster-than-estimated economic growth.

Japan's gross domestic product grew at a revised quarterly rate of 0.8% in the three months to the end of June, up from the preliminary figure of 0.3%, the government said.

Stagnation

Mr Koizumi called the election after parliament blocked plans to privatise the country's post office, the world's biggest savings bank.

The prime minister hopes that taking Japan Post into the private sector will redirect Japanese savings away from often wasteful public works projects, used by successive governments as a way of giving an artificial boost to the economy, analysts say.

Japan is the world's second-biggest economy, but it has suffered from years of stagnation while its Asian neighbour China has powered ahead.

Michael Hughes, the chief investment officer for Baring Asset Management, told the BBC that selling off Japan Post would help alter Japan's culture of share ownership.

"Shareholder structure has changed and the privatisation of the Japanese post office will just continue that, but at a much faster pace," he explained on the BBC's World Business Report.

"That basically means that shareholders matter more, that their interests count for more."

Another analyst, Morgan Stanley's chief Japan economist Robert Feldman, said the result had left the anti-reform forces "splintered".

"With such a stunning result, passage of the postal reform bills is virtually assured," he said. "The next areas are medical reform, civil service reform, public sector outsourcing and government financial institution reform."

[tiraider] 05/9/2005 07:57

Nikkei's a one way bet at the moment.

[megsta] 05/9/2005 07:38

Tokyo shares close higher on hopes of economic recovery

TOKYO (AFX) - Share prices closed higher, with the benchmark Nikkei 225 at a new four-year high, on growing hopes that the economy will emerge from a prolonged soft patch despite concerns about the impact of high oil prices,
dealers said.

The blue-chip Nikkei 225 Stock Average ended up 34.88 points or 0.3 pct at 12,634.88, its highest close since July 3, 2001. At one stage, it surged to 12,655.15.

[mart] 23/8/2005 11:49

NAV nicely up

[tiraider] 23/8/2005 10:02

It's having a bit of a fight with resistance from Apr 04 (233p) at the moment. Momentum should take it through to next res at 258.

[mart] 22/8/2005 14:41

That reversal didn't last long

[scotswhaehae] 22/8/2005 11:09

Looks good to me!

Good luck all!

[mart] 22/8/2005 11:04

Going well at the moment

[tiraider] 12/8/2005 11:24

I've been waiting for a long time for the NKX to break through 12200; it did it yesterday and confirmed it today. A significant chart break. I bought some JFJ today!

[megsta] 09/8/2005 07:44

TOKYO (AFX) - Share prices closed higher across the board, as the
mid-afternoon release of strong June machinery orders data fortified
expectations of accelerated economic growth.

[megsta] 27/5/2005 10:49

Japan's 7 biggest banks may post strong profits in current fiscal yr - Fitch
27th May 2005

TOKYO (AFX) - Fitch Ratings said it believes Japan's seven largest banks
have put their bad-loan woes behind them, and are poised as a group for a big
improvement in profitability.


...more>>

[megsta] 10/5/2005 10:55

BEIJING (AFX) - A summary of Asian economic and corporate news at 1000 GMT 10th May

JAPAN:
-March household spending unchanged both year-on-year and month-on-month
-Japanese remain net buyers of foreign bonds for fifth straight week - MoF
-Foreigners net sellers of Japanese equities for third straight week
-Japan fixes coupon for 10-yr JGBs at 1.3 pct ahead of auction
-Japan vows to do all it can for national believed kidnapped in Iraq
-Japan says hostage taking in Iraq not affecting Japanese troops' aid role
-Toyota yr to March 2005 net profit 1.17 trln yen vs 1.16 trln
-Toyota made seven of the 10 top-selling car models in Japan in April - JADA
-NTT DoCoMo yr to March net profit 747.6 bln yen vs 650.0 bln
-NTT DoCoMo's operating profit tumbles 29 pct in past year to March
-TEPCO yr to March net profit 226.2 bln yen vs 149.5 bln
-Sumitomo Metal yr to March 2005 net profit 110.9 bln yen vs 30.8 bln
-Sumitomo Metal yr to March net profit up on high steel prices
-Dai Nippon Printing year to March net profit 59.9 bln yen vs 52.97 bln
-Asahi Kasei FY04 net profit 56.4 bln yen vs 27.7
-Asahi Kasei FY04 net profit doubles on robust chemicals ops
-Casio yr to March 2005 net profit 21.5 bln yen vs 14.2 bln
-Mitsubishi Materials yr to March net profit 16.4 bln yen vs loss 5.3 bln
-Toyobo yr to March net profit 12.2 bln yen vs 8.8 bln
-Konami year to March net profit 10.5 bln yen vs 20.1 bln
-Seiko yr to March net profit 5.6 bln yen vs 10.0 bln
-Softbank yr to March 2005 net loss 59.9 bln yen vs loss 107.1 bln
-Softbank unit end-April broadband subscribers 4.803 mln, up 26,000 from March
-Mitsui Engineering yr to March net profit 5.3 bln yen vs 7.9 bln
-Toshiba says no agreement yet in talks with Sony on next-generation DVDformat
-Chugai Pharma to liquidate Shanghai unit; minor impact on earnings
-Chugai Pharma sets up unit in China to provide medical information