Japan1 is trading at a 33-year high, despite a challenging global macro backdrop. At 15x forward Price to Earnings (P/E) ratio, Japan has been trading at a valuation discount versus global peers, for a considerable period of time. We are finally starting to see a number of catalysts help narrow the wide valuation gap versus global peers – an improvement in...
Company: Fujitsu Limited Ticker: 6702.T Exchange: Tokyo Stock Exchange Sector: Technology Introduction: Hello and welcome to our technical analysis session! Today we are focusing on Fujitsu Limited as observed on the weekly chart on the Tokyo Stock Exchange. An intriguing symmetrical triangle formation has caught our attention, which may act as a bullish...
Company: Mitsubishi Heavy Industries Ticker: 7011 Exchange: Tokyo Stock Exchange Sector: Industrial Introduction: Hello and welcome to this week's technical analysis. We're focusing on Mitsubishi Heavy Industries, as represented on the weekly chart of the Tokyo Stock Exchange. The company's stock has formed an interesting rectangle pattern over the past 378...