Log in
E-mail
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. Japan Post Holdings Co., Ltd.
  6. News
  7. Summary
    6178   JP3752900005

JAPAN POST HOLDINGS CO., LTD.

(6178)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Japan stocks end higher as tech sector back in favour

03/12/2021 | 01:24am EDT

TOKYO, March 12 (Reuters) - Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global economic growth kept investor sentiment supported.

The Nikkei 225 Index ended up 1.73% at 29,717.83. The broader Topix rose 1.36% to 1,951.06. For the week, the Nikkei and Topix gained nearly 3% each.

Technology and energy shares rebounded from recent losses following their U.S. peers, but that was partly offset by selling in the real estate and financial sectors.

Overall sentiment remained positive because of strong expectations that the global economic growth will accelerate as more countries vaccinate their citizens for the novel coronavirus.

"Japanese stocks are still in an upward trend, but the U.S. economy is bouncing back so quickly that eventually the Federal Reserve will have to start talking about tapering bond purchases," said Norihiro Fujito, chief investment strategist at Mitsubishi UFJ Morgan Stanley Securities.

"When that happens, we will see an 8%-10% correction in Japanese stocks, but the market will quickly bounce back because global growth is getting stronger."

Shares in e-commerce company Rakuten Inc jumped by 8.64% after reports it would form a capital alliance with Japan Post Holdings Co, whose shares rose 4.89%.

Start-up investor SoftBank Group Corp rose 3.35% after South Korean e-commerce company Coupang, in which SoftBank holds a 35.1% stake, was valued at around $109 billion in its debut on Thursday.

Singapore-based ride hailing company Grab Holdings Inc, which is also backed by SoftBank, is in talks to go public through a merger that could value the company at nearly $40 billion, people said.

The underperformers among the Topix 30 were Astellas Pharma Inc, down 0.68%, followed by Tokio Marine Holdings Inc , losing 0.43%.

There were 156 advancers on the Nikkei index against 67 decliners on Friday. (Reporting by Stanley White; Editing by Subhranshu Sahu)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ASTELLAS PHARMA INC. -0.37% 1905 End-of-day quote.19.51%
JAPAN POST HOLDINGS CO., LTD. 0.38% 939.4 End-of-day quote.17.02%
NIKKEI 225 0.73% 27782.42 Real-time Quote.0.50%
RAKUTEN GROUP, INC. -1.81% 1195 End-of-day quote.20.22%
SOFTBANK GROUP CORP. -4.84% 6745 End-of-day quote.-16.29%
TOKIO MARINE HOLDINGS, INC. -0.49% 5293 End-of-day quote.-0.28%
All news about JAPAN POST HOLDINGS CO., LTD.
07/27CRE Logistics REIT Secures Green Loans Worth Nearly $39 Million
MT
07/06ACSL Issues $27 Million Shares to Japan Post Capital
MT
06/18JAPAN POST : Notice Regarding Cancellation of Treasury Stock
PU
06/11Japan Post Holdings Co., Ltd.'s Equity Buyback announced on June 10, 2021, ha..
CI
06/11JAPAN POST : Notice Concerning the Result and Closing of Acquisition of Treasury..
PU
06/10Tranche Update on Japan Post Holdings Co., Ltd.'s Equity Buyback Plan announc..
CI
06/10Japan Post Holdings Co., Ltd. announces an Equity Buyback for 276,090,500 sha..
CI
06/10Japan Post Holdings Co., Ltd. authorizes a Buyback Plan.
CI
06/10JAPAN POST : Notice Concerning Acquisition of Treasury Stock and Purchase of Tre..
PU
06/09JAPAN POST : Approval of Resolution for Appropriation of Surplus
PU
More news
Financials
Sales 2022 11 150 B 102 B 102 B
Net income 2022 355 B 3 228 M 3 228 M
Net Debt 2022 33 384 B 304 B 304 B
P/E ratio 2022 10,2x
Yield 2022 5,20%
Capitalization 3 539 B 32 147 M 32 222 M
EV / Sales 2022 3,31x
EV / Sales 2023 3,59x
Nbr of Employees 243 612
Free-Float 17,9%
Chart JAPAN POST HOLDINGS CO., LTD.
Duration : Period :
Japan Post Holdings Co., Ltd. Technical Analysis Chart | 6178 | JP3752900005 | MarketScreener
Technical analysis trends JAPAN POST HOLDINGS CO., LTD.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 9
Last Close Price 939,40 JPY
Average target price 961,11 JPY
Spread / Average Target 2,31%
EPS Revisions
Managers and Directors
Hiroya Masuda President & Chief Executive Officer
Akio Mimura Independent Outside Director
Tadashi Yagi Independent Outside Director
Kunio Ishihara Independent Outside Director
Charles Ditmars Lake Independent Outside Director