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Updates are being delayed… 10 Feb 2013 | 07:29 am
…by the need to move the household 6,000 miles around the globe. Actually this has been a factor for the past 6 weeks and explains the lack of new material. Your patience is appreciated. Normal servic...
NTN: It’s a bull market, baby just say yes 1 Feb 2013 | 07:40 am
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 l...
Toyota global production: mediocre 2013 likely 29 Jan 2013 | 07:06 pm
Conclusion: Autos preferable to auto parts. Given that Toyota itself is forecasting 0% growth in vehicle production and 3% growth in sales for calendar 2013 it’s unlikely that market participants have...
Toyota Boshoku: Orders from BMW in China 25 Jan 2013 | 11:53 am
Also exactly a year ago to the day, I wrote a post about tier-1 Toyota group seat and interior supplier Toyota Boshoku and its acquisition of a new customer outside of the Toyota group. In that post I...
Apple: catching falling knives 24 Jan 2013 | 02:19 pm
Rumour has it On 10 January I wrote a short piece on falling iPhone production, based on comments from an electronic parts industry exec a couple of weeks previously. Although my source was mine alone...
Time to start moving away from tyre stocks 16 Jan 2013 | 05:49 pm
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 lo...
More on TOPIX and the yen 13 Jan 2013 | 02:47 pm
In a recent post on the 2012 performance of the 33 different sectors that make up the TOPIX index, I showed a chart of TOPIX versus the yen-dollar rate and invited you to judge for yourself whether th...
iPhone production falling? 10 Jan 2013 | 06:03 am
A week or two back before the New Year I was talking with a mid-level manager at a Japanese component supplier. They manufacture parts that are used in one of the iPhone 5 subsystems and this guy over...
TOPIX sector performance in 2012: winners and losers 9 Jan 2013 | 05:53 pm
The four phases of TOPIX in 2012 Before we charge off into 2013 I’m going to take a brief look at which sectors of the Japan market performed well in 2012. Cycles are important drivers of all stock ma...
US auto sales: A good month for the Japanese 5 Dec 2012 | 04:20 pm
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...
