TOSHIBA (JP), a company active in the Diversified Industrials industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date November 2, 2021, the closing price was JPY 5,020.00 and its potential was estim...
It has been nine years since a downturn generated sizable losses for the semiconductor industry and 12 years since the Lehman Crisis led to major structural changes. The length and size of the upcycle has led to worries that the cycle is about to peak and when it does, the downturn could be brutal for both the industry and investors. The current uncertainty is heightened by shortages in many types of semiconductors, with average delivery times pushed out to 20 weeks. Some customers are having to...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Pelham Smithers presents his strategy for Q3 2021 and the changes to PSA's stock Focus List Table of Contents Overview 3 Background 4 Valuations & Value 5 The Case for “Muddle Through” 6 Consumer Spending 7 The Labour Market 7 The Currency and the Carry Trade 8 The BoJ and Policy 9 Japan’s Stuttering Economy 10 Stock Performance and Earnings Expectations 12 Catalysts: Digital Transformation, Semiconductors, Price Hikes ...
Summary Marketline's Microchip Technology Incorporated Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Microchip Technology Incorporated since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehe...
Once again, Zinc8 Energy Solutions Inc. grabs the headlines as the emerging battery manufacturer today announced the signing of an Agreement in Principle with Vijai Electricals Ltd., one of the most trusted and reputed brand names in the global grid and utility space. Headquartered in Hyderabad, India, Vijai Electricals is among the world‘s largest manufacturers of Electrical Power & Distribution Transformers and a global player in the T&D (Transmission & Distribution) utility sector with 47 yea...
Einmal mehr sorgt Zinc8 Energy Solutions Inc. für Schlagzeilen. Der aufstrebende Batteriehersteller gab heute die Unterzeichnung einer Grundsatzvereinbarung mit Vijai Electricals Ltd. bekannt gab, einem der zuverlässigsten und renommiertesten Markennamen im globalen Strom- und Versorgungsbereich. Mit Hauptsitz in Hyderabad, Indien, gehört Vijai nicht nur zu den weltweit grössten Herstellern von elektrischen Leistungs- und Verteilungstransformatoren, sondern ist auch ein Global Player im T&D (Tra...
Summary Sichuan Changhong Electric Co Ltd - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Sichuan Changhong Electric Co Ltd (Sichuan Changhong Electric) is an electronic appliance manufacturing company. The company product portfolio includes refrigerators, air con...
Julie Boote has written her 2020 look ahead for Japan's auto assemblers. Intended to serve as a reference document throughout the year, the report discusses the global auto sales trends in 2019 and the outlook for 2020, with separate discussions on USA, Japan, Europe, China and RoW, providing an overview of assemblers' sales activities and their economic backdrop.
We fine-tuned our earnings forecasts and retain our fair value estimate of JPY 3,800. After the accounting scandal and the huge impairment loss of the nuclear power business, which revealed a lack of corporate governance and financial discipline, Toshiba is busy divesting risky businesses and rebuilding its business portfolio under the new midterm "Toshiba next plan". We think Toshiba is making progress with restructuring, but its midterm earnings targets are too optimistic. While Toshiba plans ...
We fine-tuned our earnings forecasts and retain our fair value estimate of JPY 3,800. After the accounting scandal and the huge impairment loss of the nuclear power business, which revealed a lack of corporate governance and financial discipline, Toshiba is busy divesting risky businesses and rebuilding its business portfolio under the new midterm "Toshiba next plan". We think Toshiba is making progress with restructuring, but its midterm earnings targets are too optimistic. While Toshiba plans ...
We fine-tuned our earnings forecasts and retain our fair value estimate of JPY 3,800. After the accounting scandal and the huge impairment loss of the nuclear power business, which revealed a lack of corporate governance and financial discipline, Toshiba is busy divesting risky businesses and rebuilding its business portfolio under the new midterm "Toshiba next plan". We think Toshiba is making progress with restructuring, but its midterm earnings targets are too optimistic. While Toshiba plans ...
Toshiba’s bloated product portfolio, diminishing competitiveness in core operations, and poor corporate governance have left the company in a deteriorating financial position. We acknowledge the company's efforts--following the 2015 accounting scandal--to improve corporate governance, implement drastic restructuring of unprofitable businesses, and focus on growth areas, such as NAND flash memory and the nuclear power businesses. Moreover, we expect that the healthy supply/demand balance of NAN...
While Toshiba cuts its operating income guidance for this fiscal year from JPY 60 billion JPY 20 billion, we will retain Toshiba’s fair value estimate of JPY 3,800, as the revision is mainly the result of a onetime factor, and so it does not change our long-term view. After the three years of crisis, owing to the accounting scandal in 2015 and the huge impairment loss of the nuclear plant business in 2016, we consider that Toshiba made steady progress to divest risky businesses, to restructure...
KAWASAKI, Japan & TOKYO--(BUSINESS WIRE)-- Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) (TOKYO:6502) and Kawasaki Heavy Industries (Kawasaki) have entered into a collaboration agreement to supply medium-capacity steam turbines for utility and industrial thermal power plants. Sales activities for all over the world will be starting today. This press release features multimedia. View the full release here: Image of the medium-capacity steam turbine to be sold by the two companies (Graphic: Business Wire) As the ...
While Toshiba cuts its operating income guidance for this fiscal year from JPY 60 billion JPY 20 billion, we will retain Toshiba’s fair value estimate of JPY 3,800, as the revision is mainly the result of a onetime factor, and so it does not change our long-term view. After the three years of crisis, owing to the accounting scandal in 2015 and the huge impairment loss of the nuclear plant business in 2016, we consider that Toshiba made steady progress to divest risky businesses, to restructure...
While Toshiba cuts its operating income guidance for this fiscal year from JPY 60 billion JPY 20 billion, we will retain Toshiba’s fair value estimate of JPY 3,800, as the revision is mainly the result of a onetime factor, and so it does not change our long-term view. After the three years of crisis, owing to the accounting scandal in 2015 and the huge impairment loss of the nuclear plant business in 2016, we consider that Toshiba made steady progress to divest risky businesses, to restructure...
While Toshiba cuts its operating income guidance for this fiscal year from JPY 60 billion JPY 20 billion, we will retain Toshiba’s fair value estimate of JPY 3,800, as the revision is mainly the result of a onetime factor, and so it does not change our long-term view. After the three years of crisis, owing to the accounting scandal in 2015 and the huge impairment loss of the nuclear plant business in 2016, we consider that Toshiba made steady progress to divest risky businesses, to restructure...
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