6 Japanese Stocks Likely to Suffer Until August
Summary
The index of 400 stocks is designed with them in mind, screening for quality companies with international standards of corporate governance and attention to shareholder returns. Despite its 140 years of history, itll be fighting for survival as Japans population ages and declines, particularly in the countryside, reducing the need for mortgages, consumer lending and commercial borrowing. Ezaki Glico T:2206 will be a familiar name for anyone in Asia, or who digs Japanese snacks, as the maker of Pretz savory pretzel sticks and their Poky sweet variants. Its introducing a new product, baby formula, this year, the first Japanese company to make whats sure to be a hot seller domestically, given food-safety concerns. The Nikkei 225 is price-weighted like the Dow, leaving a company like Uniqlos clothing store parent Fast Retailing (FRCOY) with outside influence since its shares trade at ¥53,780 (US$480) a pop.