JTTELECTRONICS.COM

selectiverationality.com

US auto sales | Honda, Nissan shine

http://selectiverationality.com/us-auto-sales-a-good-month-for-the-japanese

The view from the sell side. US auto sales: A good month for the Japanese. December 5, 2012. Honda and Nissan go. The SAAR for the US auto market hit 15.46 million units in November 2012, the highest figure since February 2008 (see chart above). It seems fair to attribute some of that strength to a combination of sales deferred from October due to Hurricane Sandy. The market share chart for the major suppliers is given below. Toyota orders in Japan. Daily newspaper often reports them. The fall in ord...

selectiverationality.com

TOPIX performance in 2012 by sector

http://selectiverationality.com/topix-sector-performance-in-2012-winners-and-losers

The view from the sell side. TOPIX sector performance in 2012: winners and losers. January 9, 2013. The four phases of TOPIX in 2012. Let’s start by looking at the performance of the TOPIX. Index itself, which rose 18% in CY2012 from 728.61 on 30 December 2011 (the last trading day of the year) to 859.8 on 28 December 2012. There were four clear behavioural phases to the Japanese market during 2012. On 14 November 2012 the index was 722.41, but by 28 December 2012 it had leaped 19% to 859.8 in ju...Index...

selectiverationality.com

TOPIX correlation with the Japanese yen

http://selectiverationality.com/topix-correlation-with-yen

The view from the sell side. More on TOPIX and the yen. January 13, 2013. In a recent post. On the 2012 performance of the 33 different sectors that make up the TOPIX. Logically, I would expect the currency to affect the TOPIX index because the yen-dollar rate has a significant impact on the earnings of some of Japan’s largest stocks by market capitalisation (such as Toyota. In 1st place, Honda. In 3rd place and Canon. First let’s find the correlation between the Japanese yen/US dollar rate and the...

selectiverationality.com

Japan and Asian stock research — Page 2

http://selectiverationality.com/page/2

The view from the sell side. Japan PMI worse, machine tool order backlog better. December 3, 2012. An intriguing contrast Friday 30 November saw the release of the very timely Markit/JMMA Japan Manufacturing PMI™ for November 2012. The PMI fell from 46.9 in October to 46.5 in November. In its commentary, Markit noted that new orders fell to the greatest degree for 19 months. Presumably that is domestic orders as Markit commented […]. Read the full article →. November 30, 2012. Read the full article →.

selectiverationality.com

NTN 6472 | Investors shrug off poor results

http://selectiverationality.com/ntn-q3-results-shrugged-off-by-bullish-market

The view from the sell side. NTN: It’s a bull market, baby just say yes. February 1, 2013. On 31 January 2013 NTN. Announced pretty poor results for the October-December 2012 quarter (Q3) of the March 2013 financial year. As the chart above shows, the company posted a loss at the operating level in Q3. What is more worrying is that in 2010 the company. And the order backlog for the Japanese bearings industry is back to levels not seen since early 2004. So sales probably get worse before getting better.

selectiverationality.com

2013 February

http://selectiverationality.com/2013/02

The view from the sell side. Updates are being delayed…. February 10, 2013. NTN: It’s a bull market, baby just say yes. February 1, 2013. Updates are being delayed…. NTN: It’s a bull market, baby just say yes. Toyota global production: mediocre 2013 likely. Toyota Boshoku: Orders from BMW in China. Apple: catching falling knives. Time to start moving away from tyre stocks. More on TOPIX and the yen. TOPIX sector performance in 2012: winners and losers. US auto sales: A good month for the Japanese.

selectiverationality.com

Nikkei 225

http://selectiverationality.com/topix

The view from the sell side. December 31, 2011. Next post: Japan December 2011 OEM tyre sales atypically strong. Updates are being delayed…. NTN: It’s a bull market, baby just say yes. Toyota global production: mediocre 2013 likely. Toyota Boshoku: Orders from BMW in China. Apple: catching falling knives. Time to start moving away from tyre stocks. More on TOPIX and the yen. TOPIX sector performance in 2012: winners and losers. US auto sales: A good month for the Japanese. Autos and Auto parts.

selectiverationality.com

Japan tire sales | December OK, but avoid tire stocks

http://selectiverationality.com/time-to-start-moving-away-from-tyre-stocks

The view from the sell side. Time to start moving away from tyre stocks. January 16, 2013. Conclusion: Shift away from tire stocks. The Japan Automobile Tyre Manufacturers Association (JATMA). Reported a decent set of figures for December 2012 on 15 January, completing a good year for the local tyre market. Japan’s tyre stocks mostly performed well in 2012, with market leader Bridgestone. Rising 27.4% for the year compared to an increase of 18% for the TOPIX. The potential problems with tyre stocks.

selectiverationality.com

iPhone 5 production | Output falling?

http://selectiverationality.com/iphone-production-falling

The view from the sell side. January 10, 2013. Now, this guy is solid, sensible and conservative. Your archetypal salariman, in other words. He owns no stock in Apple. Who knows. Would be interested in your comments. 8211; then maybe there will be less appetite for those two sectors just mentioned. Edit: Looks like I’m several weeks behind the curve on this one, as production cuts were mentioned in this. Previous post: TOPIX sector performance in 2012: winners and losers. Updates are being delayed….