Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Good Morning Japan | SPX Plunges Below Key 4000 on Inflation Fears; Toyota EV Shift Begins NOW

Good Morning Japan |No Catalysts-Equities Flat; NUGGET - Toyota Gets Serious, Watch the Supply Chain

Equity Bottom-Up

<ul>
<li>Denso started the fiscal year with an overly optimistic view of Toyota production – it is now too bearish </li>
<li>Chip shortages and supply disruptions are starting to ease, making it easier for automakers to meet end demand </li>
<li>We are bullish on the stock as we believe that Denso’s earnings will beat lowered guidance and valuations are at the bottom of the range </li>
</ul>


Denso started the fiscal year with an overly optimistic view of Toyota production – it is now too bearish 
Chip shortages and supply disruptions are starting to ease, making it easier for automakers to meet end demand 
We are bullish on the stock as we believe that Denso’s earnings will beat lowered guidance and valuations are at the bottom of the range 


Denso (6902) | No Reason to Be Uber-Bearish

Denso Corp

Denso (6902) | No Reason to Be Uber-Bearish