Natoco Co Ltd (4627) Is Yet to See Trading Action on Oct 5

October 4, 2017 - By Adrian Erickson

Shares of Natoco Co Ltd (TYO:4627) closed at 1410 yesterday. Natoco Co Ltd currently has a total float of 7.54 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 860 and high of 1437.

TSE: One Of Asia’s Hope

Asia has a number of big economic players and one of them is Japan. The nation is not only known for its research advancements and rich culture but also for its fast-paced economic growth.

The Tokyo Stock Exchange (TSE) plays an important role in Japan’s growth prospects. It is one of the most important stock exchanges in Asia as it accounts for meaningful economic developments in the region.

Foundation

The TSE was formed in 1878, giving birth to one of Asia’s first stock exchanges. In 1943, it became bigger and better as it merged with five national stock exchanges.

Shortly after, the TSE had to close in 1945 because of the World War II (WWII). The rest, as they say, is history’ history that cannot be buried with so much to learn from it.

Rebuilding the Economy

Under a new Securities Exchange Act, Japan was finally able to start rebuilding the economy in the post-war era by reopening the TSE on May 16, 1949. Consequently, that year became the base date of the Nikkei 225 or Nikkei Stock Average, the benchmark Japanese index measuring the top stocks on the TSE. It is widely considered as the Dow Jones Industrial Average (DJIA) of Japan, being an important economic indicator to both the country and its home region.

The Nikkei 225, unlike most commonly quoted indices, is a price-weighted index. The 225 blue-chip stocks that make it up are measured according to share prices. The components are evaluated once a year, particularly every September.

The Nikkei 225 had its best and worst days. In the 1980s, the TSE had made up 60% of the world’s market capitalization, making Japan the leading global economy. This feat is impossible without the efforts of the Bank of Japan (BOJ) to steer away from yet another recession.

However, as aforementioned, the Nikkei 225 also had its worst days. In October 2008, it had declined below the 7,000 mark. This means that the Nikkei 225 was down by a whopping 80% from its all-time high of over nearly 40,000. Natoco Co Ltd is a stock traded on the Japan stock exchange.

In March 2011, it has also suffered from the repercussions of the earthquake that hit Japan. When it was nearing the 10,000 mark, the Nikkei 225 had suddenly lost about 1,000. It had ended that year at 8,455.35, the lowest year-end value since 1982. In 2011 alone, it had depreciated 17%.Natoco Co Ltd has relatively good liquidity.

Able to gradually recover, the Nikkei 225 had added 15% between 2012 and 2015. It had reached the 10,000 level in 2013 and the 20,000 level in 2015. In just two years, the Nikkei 225 had doubled. This speaks of why Japan is considered as Asia’s fastest growing economy. Amid all the obstacles and turmoils through all those years, the Nikkei 225 still continues to grow.

As one of Asia’s biggest economies, Japan definitely has a bright future ahead. Needless to say, investments in the TSE are also to benefit in this success in the long-term. The perfect time to buy TSE stocks is now. Professional analysts might be interested how this will affect Natoco Co Ltd.

More notable recent Natoco Co Ltd (TYO:4627) news were published by: Globenewswire.com which released: “Global Advanced Technologies for Paints and Coatings Markets Report 2016-2021 …” on April 10, 2017, also Economictimes.Indiatimes.com with their article: “How a single tablet helped Natco beat sector blues in Q4” published on June 02, 2017, Economictimes.Indiatimes.com published: “Natco Pharma net profit jumps 96.64% to Rs 93.7 crore in Q1” on August 11, 2017. More interesting news about Natoco Co Ltd (TYO:4627) were released by: Economictimes.Indiatimes.com and their article: “Natco Pharma launches generic hepatitis C drug in India” published on May 08, 2017 as well as Economictimes.Indiatimes.com‘s news article titled: “Delhi High Court favours Natco, Alembic; allows them to export generics of …” with publication date: March 08, 2017.

NATOCO CO., LTD. is primarily engaged in manufacturing resin coatings. The company has market cap of $11.48 billion. The Coatings segment makes synthetic resin coatings and thinners, purchases coating-related products, and sells products directly or through distributors. It has a 10.72 P/E ratio. The Fine Chemicals segment makes high functionality resins and various fine functional particles, and sells products directly or through distributors.