In today’s briefing:
- Japan Weekly | Lasertec, Fast Retailing, Monotaro, Topcon
Japan Weekly | Lasertec, Fast Retailing, Monotaro, Topcon
- 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