Punch Industry Co Ltd (6165) Rises 0.2% on Oct 13

October 13, 2017 - By Adrian Erickson

Shares of Punch Industry Co Ltd (TYO:6165) last traded at 1957, representing a move of 0.2%, or 4 per share, on volume of 56,300 shares. After opening the trading day at 1959, shares of Punch Industry Co Ltd traded in a close range. Punch Industry Co Ltd currently has a total float of 10.96 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 808 and high of 2097.

The Success Of Post-War Japanese Economy

Japan has a rich history. Much can be taken away from it, particularly the World War II (WWII). It is this exact history that has shaped the Japanese economy into the world leader that it is now.

Before and During the War

The main stock exchange in Japan is the Tokyo Stock Exchange (TSE). Founded in 1878, it is one of Asia’s oldest stock exchanges. In the wake of the WWII in 1943, five Japanese stock exchanges were merged into the TSE, creating a bigger stock exchange that consolidated the whole Japanese corporate sector.

While the TSE was able to withstand the pressure brought by the challenging period in Japan’s history for quite some time, it eventually had to close in 1945.

Post-War

Post-war Japan is interesting because this is the time that the Japanese economy really boomed.

On May 16, 1949, the TSE had reopened under the new Securities Exchange Act. The Nikkei 225, the benchmark index weighing the top 225 companies listed on the TSE, was launched on September 7, 1950.

Every September, the components of the Nikkei 225 are reviewed. The changes made during the review date take effect every October. The Nikkei 225 is a price-weighted index, which means that companies are tracked based on share prices instead of market capitalization.

The Nikkei 225 had one of its longest bull period in the 1980s, thanks to the efforts of the government to overcome recession. It was during this decade that stock prices rallied three times as much. As a result, the Nikkei 225 that time had represented 60% of the total market valuation worldwide. Punch Industry Co Ltd is a stock traded on the Japan stock exchange.

During the 2008 Global Financial Crisis, Japan was largely affected. The Nikkei 225 was trading 80% below its all-time peak of 38,957.44, which was recorded on December 29, 1989. It had hit a level below 7,000 in October 2008.

In 2011, an earthquake with a strong magnitude had literally and figuratively shaken Japan. On March 15, 2011, the Nikkei 225 had dropped 10% to 8,605.15. It had hit another low of 8,160.01 on November 25, 2011 shortly after the 2008 Global Financial Crisis.

The year 2011 is surely one of the Japanese economy’s toughest years, with the Nikkei 225 having fallen 17% overall. That time, the lowest year-end value of 8,455.35 in almost three decades had been posted. This comes close to the year-end value of 8,016.70 seen in 1982.

Between 2012 and 2015, however, the Nikkei 225 was once again able to come through. Thanks to the financial stimuli from the Bank of Japan (BOJ), the Nikkei 225 had gained 15% during this period. Punch Industry Co Ltd has relatively good liquidity.

In 2013, the Nikkei 225 had reached the 10,000 mark. In 2015, it had already hit the 20,000 mark. In just two years, the Nikkei 225 was able to surge about 10,000 points.

Amid the difficulties through the years, the TSE has proven itself capable of overcoming any challenges. Backed by its rich history, the Japanese economy is surely worth considering investing in. Professional analysts might be interested how this will affect Punch Industry Co Ltd.

More recent Punch Industry Co Ltd (TYO:6165) news were published by: Finance.Yahoo.com which released: “Arrow Fastener Co., LLC to be Acquired by Hangzhou GreatStar Industrial Co., Ltd.” on May 03, 2017. Also Bloomberg.com published the news titled: “China Takes Away the Punch Bowl” on August 07, 2017. Economictimes.Indiatimes.com‘s news article titled: “Coca-Cola to cut its Reliance on Coke, pack a fruit punch” with publication date: August 31, 2017 was also an interesting one.

PUNCH INDUSTRY CO., LTD. is principally engaged in the manufacture and distribution of molds. The company has market cap of $21.65 billion. The Company’s main products are comprised of plastic molds, which are used for the manufacture of plastic products, such as the outer frame of digital cameras and mobile phones, as well as pressed molds, which are manufactured by pressing machinery. It has a 13.53 P/E ratio. The main products manufactured by the Company include sprue bushings, gate bushings, ejector pins and other plastic molds, as well as guide bushes for die sets, punches, stripper guides and other pressed molds.

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