Author Topic: Japanese Basket  (Read 18442 times)

Spekulatius

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Re: Japanese Basket
« Reply #40 on: May 21, 2019, 06:25:42 PM »
^ Seems splendid cheap. While not as cheap, I have been buying a bit of Nitto Denko 6988.T, which is an international Japanese chemical/material company (the Japanese 3M). they produce tapes made for semi/wafer processing and protection ,as well as materials used for displays, semi manufacturing etc. Higher margin stuff. ~30% of the market cap in cash.
Earnings are down somewhat as their end markets have weakened.  I think they have decent LT prospects and pay a rising (now ~4% dividend). They also have an US ADR.
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LongHaul

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Re: Japanese Basket
« Reply #41 on: May 23, 2019, 09:14:54 AM »
A few sites I found helpful. 

Good PDF translator.  Website is confusing but does a decent job translating larger PDF's
https://www.onlinedoctranslator.com/translationform               

Japanese Financials site
https://www.kaijinet.com/jpexpress/Default.aspx

               
            


CorpRaider

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Re: Japanese Basket
« Reply #42 on: May 23, 2019, 09:39:52 AM »
Interesting thread.  Not sure if I already mentioned this, but I punted and decided to outsource to IVAL.

mjohn707

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Re: Japanese Basket
« Reply #43 on: May 23, 2019, 07:29:24 PM »
For those who have access, there was recently a short article in the WSJ about Japanese banking stocks that I thought was interesting:

https://www.wsj.com/articles/japans-tantalizing-bank-dividends-mask-a-world-of-trouble-11558439046
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Foreign Tuffett

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Re: Japanese Basket
« Reply #44 on: August 06, 2019, 07:31:46 AM »
Finally was able to get my grimy hands on a tiny position in Isamu Paint last night. Only took 5 weeks for the order to fill.

I don't know if this has been mentioned in this thread yet, but (IMO) one of the reasons why many of these tiny "J-nets" are so cheap is that they are horribly illiquid, partially due to trading in only 100 share blocks.

Foreign Tuffett

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Re: Japanese Basket
« Reply #45 on: August 06, 2019, 01:51:25 PM »
Here's an interesting blog post from "Undervalued Japan" on a microcap Japanese company with a management team that hasn't hesitated to damage shareholder value in order to maintain control and independence.

http://undervaluedjapan.blogspot.com/2019/08/j-net-kawasumi-laboratories.html

Foreign Tuffett

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Re: Japanese Basket
« Reply #46 on: August 19, 2019, 06:48:34 PM »
I suppose it's a matter of personal preference, but I can't imagine working for a company that dominated nearly every aspect of my life. Apparently in Japan such is the norm for big companies.

https://www.kalzumeus.com/2014/11/07/doing-business-in-japan/

mjohn707

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Re: Japanese Basket
« Reply #47 on: August 19, 2019, 07:24:49 PM »
I suppose it's a matter of personal preference, but I can't imagine working for a company that dominated nearly every aspect of my life. Apparently in Japan such is the norm for big companies.

https://www.kalzumeus.com/2014/11/07/doing-business-in-japan/

Interesting article for sure.  Iíve heard the term salary man before, but I never really understood the full context of it all
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SHDL

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Re: Japanese Basket
« Reply #48 on: August 19, 2019, 08:36:09 PM »
I forget when I first saw that article but it was a good one for sure.  Quite accurate too, from what I know.  I think it also nicely highlights a lot of structural issues that are holding their economy back.  My contacts tell me that things have started changing a lot over the last ~5 years though (e.g., some of their best engineering talent is now avoiding the salaryman-at-a-megacorp career route and going straight down the startup/entrepreneurship path after graduation, which was previously almost unheard of).

Jurgis

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Re: Japanese Basket
« Reply #49 on: August 19, 2019, 09:25:12 PM »
From what I heard from friends, xenophobia even in engineering is still pretty high. My married-to-Japanese fluent-in-Japanese friend got interviews in some Japanese cos, but there were interviewers who were visibly uncomfortable with the foreign white man...
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