List of Japanese paper gainers expands again, equaling the peak on Thaipusam (25 Jan)!
A few weeks after the disappointment of Alps Alpine falling clear OUT of the winners' circle & newly acquired Panasonic unable to sustain momentum after a blowout quarter & a week after long losing Tobishima blew past its own breakeven point dating back to early '23 only to fall back into a paper loss, this week witnessed fresh, NEW members entering the Gainer's list:
Despite falling back 4.27% today, Ono Sokki is up 21% on the poor entry in July & one of the newest to go into the black. Ogura Clutch fell out last week & re-entered this week, 4% higher than last year's entry. Aida Engineering is the very latest to turn black from red after announcing an increase in its share buyback limit, rising 5.43% today & stands 11% above 2022's entry price, jointly with recent purchase Kuroda Precision, firming 3.75% today & standing 9.6% above the ¥1,287 entry. Mochida Pharma re-entered the black after falling in & out of it several times 5 weeks after entry. Long-suffering aspiring two-timer Fujisash broke into the black yesterday but dropped back 4% today, still ¥3 above its minimum breakeven point.
The other longer standing members who maintain their gains are Nomura, Katsuragawa, Nichiwa Sangyo, Fujix, Seikoh Giken & Tomita Electric: the last two widening their gains in March, now standing at +27.8% & +31.8% respectively.
The Gainers' List(15/3/24):
1. Nomura
2. Tomita E
3. Katsuragawa
4. Seikoh Giken
5. Fujix
6. Nichiwa S
7. Ogura Clutch
8. Aida Eng
9. Kuroda P
10. Fujisash
11.Mochida Pharma
12. Ono Sokki
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