SANSHIN ELECTRONICS CO., LTD. (8150) Plunges -2.55% on Nov 15

November 15, 2017 - By Adrian Erickson

Shares of SANSHIN ELECTRONICS CO., LTD. (TYO:8150) last traded at 1570, representing a move of -2.55%, or -41 per share, on volume of 61,900 shares. After opening the trading day at 1608, shares of SANSHIN ELECTRONICS CO., LTD. traded in a close range. SANSHIN ELECTRONICS CO., LTD. currently has a total float of 28.18M shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 868 and high of 1798.

TSE: Building The Future Of Japan

The Tokyo Stock Exchange (TSE) is a meaningful representation of the Japanese economy. Just like in any other nation, the equity market is an important indicator of present and future sentiments.

TSE

Having been established in 1878, the TSE is among the first stock exchanges in Asia. Needless to point out, it was already there during the World War II (WWII). Unable to withstand the repercussions of the WWII, the TSE had closed in 1945. Four years later, it had a major comeback under a new Securities Exchange Act. Japan had never looked back since then.

Nikkei Stock Average

The Nikkei 225 or Nikkei Stock Average measures the 225 blue-chip stocks on the TSE based on share price and not based on market capitalization. It was officially established on September 7, 1950 as part of the rebuilding efforts after the war.

The Nikkei Stock Average is reviewed every September of every year. Every October, the changes made take effect.

It can be compared to the Dow Jones Industrial Average (DJIA), being the widely quoted index in Japan. Because the Nikkei Stock Average is composed of 225 most actively traded stocks, it is a strong indicator of both the Japanese and Asian economies.

Japanese Equity Market Through the Years

SANSHIN ELECTRONICS CO., LTD. is a stock traded on the Japan stock exchange. In 1986, the Nikkei 225 Futures was launched on the Singapore Exchange (SGX). Two years later, it was launched on the Osaka Securities Exchange (OSE). In 1990, it was launched on the Chicago Mercantile Exchange (CME).

In the 1980s, the TSE had its longest bull period after the yen had appreciated roughly 50% with the help of monetary stimuli from the Bank of Japan (BOJ). The TSE had then represented about 60% of overall global market valuation. The Nikkei Stock Average had finished the decade strong, hitting 38,957.44 on December 29, 1989.

The TSE also had its worst days. In October 2008, the Nikkei Stock Average had fallen below the 7,000 mark, down by 80% from its record peak. Its all-time low of 85.25, on the other hand, was last seen in July 1950.

When an earthquake massively hit Japan in March 2011, the economy was also shattered. Two sessions after the earthquake, the Nikkei Stock Average had lost 10% after nearly reaching the 10,000 mark. It had fallen to a nearly-two-year low on November 25, 2011, closing at 8,160.01. The Nikkei Stock Average had seen its lowest year-end close in almost 30 years that time, concluding 2011 at 8,455.35. Its lowest year-end close was seen at 8,016.70 in 1982. SANSHIN ELECTRONICS CO., LTD. has relatively good liquidity.

The Nikkei Stock Average had eventually recovered, finally reaching the 10,000 mark in 2013. Come 2015, it had already hit the 20,000 mark, making Japan one of the fastest growing economies in the world.

The Japanese economy has been through a lot and it still remains unshaken. If anything, it is still thriving in Asia as one of the region’s economic leaders. This is what makes TSE stocks reasonable long-term investments. Professional analysts might be interested how this will affect SANSHIN ELECTRONICS CO., LTD..

More notable recent SANSHIN ELECTRONICS CO., LTD. (TYO:8150) news were published by: Forbes.com which released: “Samsung Leads $20 Million Investment In Internet Of Things Platform Startup Afero” on May 19, 2016, also Ft.com with their article: “Notorious activist investor storms back to Tokyo market” published on July 20, 2015, Fortune.com published: “Term Sheet — Thursday, May 19” on May 19, 2016. More interesting news about SANSHIN ELECTRONICS CO., LTD. (TYO:8150) were released by: Seekingalpha.com and their article: “A List Of Classic Value Stocks Part I: Net-Nets” published on April 14, 2015 as well as Ft.com‘s news article titled: “Japanese securities regulator raids Murakami’s home” with publication date: November 25, 2015.

SANSHIN ELECTRONICS CO., LTD. is principally engaged in the trading of semiconductor and electronic components. The company has market cap of $45.97 billion. The Firm operates in two business divisions. It has a 59.22 P/E ratio. The Device segment is involved in the sale, import and export of semiconductor and electronic components, and the provision of technical services and information related to semiconductor and electronic components.

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