Daily BriefsThematic (Sector/Industry)

Daily Brief Thematic (Sector/Industry): Japan Weekly | Lasertec and more

In today’s briefing:

  • Japan Weekly | Lasertec, Fast Retailing, Monotaro, Topcon


Japan Weekly | Lasertec, Fast Retailing, Monotaro, Topcon

By Mark Chadwick

  • Market Watch: This week, the Topix Index gained 44pts (2%) to close at 2,309, influenced by Wall Street’s response to US inflation data and expectations of extended elevated interest rates.
  • Major Movers: Lasertec (6920) surged +17%, Fast Retailing (9983) rose +12%, and Monotaro (3064) declined -18%
  • Activist Watch: ValueAct lifted its stake in Topcon. I like the LT fundamentals for the company and look forward to positive dialogue with the activist

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