Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Tokyo Electron Limited
  6. News
  7. Summary
    8035   JP3571400005

TOKYO ELECTRON LIMITED

(8035)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

UPDATE1: Tokyo stocks rise in morning on upbeat U.S. tech shares

10/18/2021 | 11:28pm EST

Tokyo stocks rose Tuesday morning on overnight gains in the technology-heavy U.S. Nasdaq index, while hopes for additional stimulus measures in Japan continued to support sentiment as campaigning began for the Oct. 31 general election.

The 225-issue Nikkei Stock Average gained 187.58 points, or 0.65 percent, from Monday to 29,213.04. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 4.82 points, or 0.24 percent, at 2,024.05.

Gainers were led by precision instrument, marine transportation, and information and communication issues.

The U.S. dollar hovered in the lower 114 yen range, fetching 114.17-18 yen at noon, compared with 114.26-36 yen in New York and 114.29-30 yen in Tokyo at 5 p.m. Monday.

The euro was quoted at $1.1642-1642 and 132.92-93 yen against $1.1605-1615 and 132.68-78 yen in New York and $1.1592-1593 and 132.49-53 yen in Tokyo late Monday afternoon.

Shares gained from the opening, with the benchmark Nikkei index briefly rising over 200 points on gains in heavyweight technology issues, brokers said.

Among chip-related issues, Tokyo Electron advanced 1,290 yen, or 2.6 percent, to 51,300 yen and Advantest climbed 200 yen, or 2.2 percent, to 9,320 yen. Silicon wafer manufacturer Shin-Etsu Chemical rose 90 yen, or 0.5 percent, to 19,725 yen.

Sentiment was also supported by expectations for economic measures ahead of Japan's lower house election later this month.

General elections typically draw buying, and expectations for such gains in the run-up to the Oct. 31 ballot "underpinned the market," said Toshikazu Horiuchi, an equity strategist at IwaiCosmo Securities Co.

On the First Section, declining issues outnumbered advancers 1,114 to 951, while 115 ended the morning unchanged.

==Kyodo

© Kyodo News International, Inc., source Newswire

All news about TOKYO ELECTRON LIMITED
12/03Nikkei reverses course to end higher on bargain buying as travel stocks jump
RE
12/02Nikkei edges lower on Omicron woes; SoftBank falls after Grab slumps
RE
11/25Nikkei hits one-month low as new variant spurs slowdown worries
RE
11/25UPDATE2 : Tokyo stocks rebound, buying focuses on high-tech issues after slide
AQ
11/25UPDATE1 : Tokyo stocks rebound, buying focuses on high-tech issues after slide
AQ
11/25Japanese shares gain on bargain hunting after sharp losses
RE
11/24Japanese shares rebound from sharp losses, tech shares lead gains
RE
11/22Japan's Nikkei reverses course to end higher, COVID-19 concerns cap gains
RE
11/21Japanese stocks track Dow lower, chip shares limit fall
RE
11/19Nikkei rises on chipmakers, energy boost; SoftBank drops
RE
More news
Analyst Recommendations on TOKYO ELECTRON LIMITED
More recommendations
Financials
Sales 2022 1 912 B 16 958 M 16 958 M
Net income 2022 409 B 3 622 M 3 622 M
Net cash 2022 341 B 3 024 M 3 024 M
P/E ratio 2022 22,6x
Yield 2022 2,21%
Capitalization 9 233 B 81 652 M 81 867 M
EV / Sales 2022 4,65x
EV / Sales 2023 4,24x
Nbr of Employees 14 479
Free-Float 95,2%
Chart TOKYO ELECTRON LIMITED
Duration : Period :
Tokyo Electron Limited Technical Analysis Chart | 8035 | JP3571400005 | MarketScreener
Technical analysis trends TOKYO ELECTRON LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Last Close Price 59 300,00 JPY
Average target price 59 845,95 JPY
Spread / Average Target 0,92%
EPS Revisions
Managers and Directors
Toshiki Kawai President, CEO & Representative Director
Tetsuo Tsuneishi Chairman
Charles Ditmars Lake Independent Outside Director
Micho Sasaki Independent Outside Director
Akiko Eda Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
TOKYO ELECTRON LIMITED54.43%81 652
ASML HOLDING N.V.73.74%315 092
LAM RESEARCH CORPORATION40.06%93 134
ENTEGRIS, INC.54.05%20 062
ASE TECHNOLOGY HOLDING CO., LTD.34.07%16 823
QORVO, INC.-10.28%16 524