|
|
 |
 |
 |
 |
   |
Stocks to Watch as Japan's Economy Recovers
COMPANY PRICE PRICE-EARNINGS
(AUG.25) RATIO
MULTINATIONALS
TOYOTA MOTOR: Has $20 billion in cash, $54.00* 25.0
is expanding globally, and its 1997 Camry
LE sedan is grabbing market share in the U.S.
SONY: Raking in profits from its PlayStation $92.44* 23.5
home video game player. Sony Pictures is on
a roll with such hit flicks as Men in Black,
My Best Friend's Wedding, and Air Force One.
SHISEIDO: The world's fourth-largest $16.88 40.6
cosmetics maker plans to triple overseas
sales, to $1.7 billion, by 2001.
PIONEER ELECTRONIC: Big player in $22.50* 56.9
home audio and video gadgets as well as
digital video disk players. Won praise for
reorganization that aims to turn divisions into
stand-alone profit centers by March, 1998.
TECHNOLOGY
CANON: Top printer maker and leads in color $143.75* 27.0
and laser high-speed copiers and imaging technology.
KYOCERA: World's biggest maker of ceramic $138.75* 20.7
packaging for computer chips, with plenty of
pricing power. As personal computer market
surges, good news for Intel is good news for Kyocera.
ROHM: Custom chip manufacturer making a $112.00 31.2
killing off specialty items such as
semiconductor lasers used to read compact disks.
TOKYO ELECTRON: Leading maker of $58.29 39.6
semiconductor-making equipment called
steppers. Should benefit ascompanies speed up
development of next-generation memory chips.
DAINIPPON SCREEN MANUFACTURING: A relative $10.59 31.5
unknown, but a big name among chip producers. Its
equipment helps companies cram more circuitry into high-
powered processing chips.
SANKYO: Its new diabetes drug, Noscal, $32.90 33.0
just received unexpectedly quick approval
in the U.S., and sales are expected to soar.
FINANCIAL
ORIX: Japan's biggest auto- and office- $79.65 24.2
equipment leasing concern and major
financing company. Aiming to become Japan's GE Capital.
SHOHKOH FUND: Fast-growing consumer finance $303.41 28.8
outfit that lends where troubled big banks won't go.
Careful screening, innovative capital raising, and high
loan rates spell big profits.
*American depositary receipt
DATA: BW SURVEY OF BROKERS AND FUND MANAGERS, BLOOMBERG FINANCIAL MARKETS
|
Updated Aug. 28, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
Terms of Use