Best Japanese Companies To Watch For 2016


On Jul 9, we maintained a Neutral recommendation on Kraft Foods Group, Inc. (KRFT) despite solid first-quarter results as we await a more sustained improvement in top line.

Why the Neutral Recommendation?

On May 2, 2013, Kraft Foods announced solid first-quarter 2013 results beating the Zacks Consensus Estimate for both revenues and earnings on the back of solid innovation and stepped-up advertising spend behind its biggest brands.

Adjusted earnings of this consumer packaged food and beverage company stood at 88 cents, flat year-over-year as gains from strong top-line growth and cost savings were offset by high interest expense and increased share count. Both total and organic revenues grew 2.1% in the quarter driven by volume gains, improved product mix and favorable Easter timing which offset headwinds from lower pricing and product pruning.


Kraft Foods’ adjusted operating income (excluding restructuring charges) increased 16.6% in the firs t quarter. The increase was driven by volume gains, improved product-mix and strong productivity gains and cost savings making up for double-digit increase in the advertising costs. The company also stood by its full-year 2013 outlook and expects to invest its cost savings more heavily on brand building investments in upcoming quarter.

Best Japanese Companies To Watch For 2016: CRA InternationalInc.(CRAI)

CRA International, Inc. provides litigation, regulatory, financial consulting, and management consulting services worldwide. It advices clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through critical business strategy and performance-related issues. The company offers consulting services, including research and analysis, expert testimony, and support in litigation and regulatory proceedings in various areas of finance, accounting, economics, insurance, and forensic accounting and investigations to corporate clients and attorneys. It also provides consulting services related to class certification, damages analysis, expert reports and testimony, regulatory analysis, strategy development, valuation of tangible and intangible assets, risk management, and transaction support to law firms, businesses, and government agencies. In addition, the company offers management consulting services consisting of strat egy development, performance improvement, corporate portfolio analysis, market demand estimation, new product pricing strategies, intellectual property and other assets valuation, competitors? actions assessment, and new sources of supply analysis. The company serves customers in banking and capital markets, chemicals and industrials, consumer products, energy and utilities, financial services, healthcare, insurance, life sciences, manufacturing, media, mining, metals and materials, oil and gas, real estate, retail, sports, telecommunications, and transportation industries. Its clients include domestic and foreign companies; federal, state, and local domestic government agencies; governments of foreign countries; public and private utilities; and national and international trade associations. CRA International, Inc. was founded in 1965 and is headquartered in Boston, Massachusetts.


Advisors’ Opinion:

  • [By Lisa Levin]

    CRA International (NASDAQ: CRAI) shares reached a new 52-week high of $26.845. CRA International shares have jumped 45.84% over the past 52 weeks, while the S&P 500 index has gained 18.08% in the same period.

Best Japanese Companies To Watch For 2016: TTM Technologies Inc.(TTMI)

TTM Technologies, Inc., together with its subsidiaries, provides printed circuit board (PCB) products and backplane assemblies worldwide. Its PCB products include conventional, high density interconnect, flexible, and rigid-flex PCBs, as well as backplane assemblies and IC substrates. The company also offers various services, such as design for manufacturability support during new product introduction stages, PCB layout design, simulation and testing services, quick turnaround production, and drilling and routing services. Its customers include original equipment manufacturers and electronic manufacturing service companies that primarily serve the networking/communications, aerospace/defense, high-end computing, cell phone, and medical/industrial/instrumentation end markets of the electronics industry. TTM Technologies, Inc. was founded in 1978 and is headquartered in Santa Ana, California.


Advisors’ Opinion:

  • [By alicet236]

    TTM Technologies Inc (TTMI) Reached $5.98

    The prices of TTM Technologies shares have declined to $5.98, which is only 4.7% above the 5-year low of $5.70. It is now 71% off the 5-year high of $19.64. TTM Technologies is owned by three Gurus we are tracking. Among them, one has added to their position during the past quarter, while three reduced their positions. TTM Technologies is a global provider of time-critical and technologically complex printed circuit board (PCB) products and backplane assemblies (PCBs populated with electronic components), which serve as the foundation of sophisticated electronic products. Ttm Technologies has a market cap of $498.3 million; its shares were traded at around $5.98 with and P/S ratio of 0.40.

  • [By Luke Jacobi]

    Shares of Viasystems Group (NASDAQ: VIAS) got a boost, shooting up 35 percent to $15.80 after TTM Technologies (NASDAQ: TTMI) announced its plans to buy Viasystems for a total value of $16.46 per share.

  • [By Garrett Cook]

    Shares of Viasystems Group (NASDAQ: VIAS) got a boost, shooting up 35.81 percent to $15.89 after TTM Technologies (NASDAQ: TTMI) announced its plans to buy Viasystems for a total value of $16.46 per share.

Best Japanese Companies To Watch For 2016: Chindex International Inc.(CHDX)

Chindex International, Inc. engages in the provision of healthcare services; and sale of medical equipment, instrumentation, and products. The company operates in two segments, Healthcare Services and Medical Products. The Healthcare Services segment owns and operates the United Family Healthcare network of private hospitals and clinics in the Beijing, Shanghai, and Guangzhou markets. This segment also operates a managed clinic in the city of Wuxi, south of Shanghai. It offers a range of family healthcare services, including 24/7 emergency rooms, intensive care units, and neonatal intensive care units, operating rooms, clinical laboratory, radiology, and blood banking services for men, women, and children. The Medical Products segment markets, distributes, and sells medical capital equipment, instrumentation, and other medical products for use in hospitals in China and Hong Kong. It offers diagnostic color ultrasound imaging devices, robotic surgical systems and instrument ation, mammography and breast biopsy devices, and lasers for cosmetic surgery. This segment sells its products through its direct sales force. The company was founded in 1981 and is based in Bethesda, Maryland.


Advisors’ Opinion:

  • [By Anna Prior]

    Among the companies with shares expected to actively trade in Monday’s session are Citigroup Inc.(C), JA Solar Holdings(JASO) Co and Chindex International Inc.(CHDX)

  • [By Jake L’Ecuyer]

    Leading and Lagging Sectors
    Tuesday morning, the healthcare sector proved to be a source of strength for the market. Healthcare stocks surged 1% in today’s trading. Leading the sector was strength from Forest Laboratories (NYSE: FRX) and Chindex International (NASDAQ: CHDX) on acquisition news.

  • [By Jake L’Ecuyer]

    Leading the sector was strength from Forest Laboratories (NYSE: FRX) and Chindex International (NASDAQ: CHDX) on acquisition news. In trading on Tuesday, non-cyclical consumer goods & services shares were relative laggards, down on the day by 0.2%.

Best Japanese Companies To Watch For 2016: CyberOptics Corporation (CYBE)

CyberOptics Corporation supplies optical process control sensors and inspection systems to control the manufacturing process and ensure the quality of electronic circuit boards worldwide. The company also manufactures and sells sensors that assist with yield enhancement during semiconductor fabrication. Its products include surface mount technology (SMT) electronic assembly alignment sensors, including LaserAlign sensor that is incorporated into component placement machines used in the SMT production lines; BoardAlign camera, which identifies fiducial markings on a circuit board and aligns the board in the component placement machine prior to component placement; and InPrinter inspection camera that identifies fiducial markings on a circuit board to ensure accurate board registration prior to placement of solder paste. The company also offers photovoltaic and fuel cell alignment sensors, such as solar wafer alignment cameras for alignment measurements; and embedded process verification inspection technology products and solder paste inspection sensors. In addition, it provides SMT stand-alone inspection system products, which include solder paste inspection and automated optical inspection products; and WaferSense sensors that provide measurements of critical factors in the semiconductor fabrication process, as well as wafer mapping and alignment sensors, frame grabber products, and machine vision subsystems. The company sells its products to the manufacturers of electronic circuit board assembly equipment, manufacturers of semiconductor DRAM memory, and semiconductor capital equipment manufacturers, as well as end-user electronic assembly manufacturers, including original design manufacturers and electronic manufacturing service providers. CyberOptics Corporation markets its products through independent representatives and distributors. The company was founded in 1984 and is headquartered in Minneapolis, Minnesota.


Advisors’ Opinion:

  • [By John Emerson]

    I even recorded a tax loss carry-forward on my original purchase of CAMT for which I had paid $2.05 per share. It seems that I was a slow learner in regard to the necessity of selling AOI companies long before they entered a cyclical trough in their earnings. Happily, I have since remedied that problem. For informational purposes I must disclose that in the spring, I repurchased shares of CAMT and made a larger purchase in a Cyberoptics (CYBE) another AOI company, which was near a multiyear low at the time.

Best Japanese Companies To Watch For 2016: Grana y Montero SAA (GRAM)


Grana y Montero SAA is a Peru-based holding company primarily engaged in the four business areas: Construction and Engineering Industry, Real Estate, Oil Services, and Operation of Public Concessions and Business Support Services. Through its subsidiaries, the Company provides such services as the development and management of real estate properties and leisure facilities; the exploration, production and sale of oil, natural gas and its derivates; the storage and distribution of combustibles; information technology services; engineering consultancy; the operation and maintenance of rails and roads concessions; as well as the execution and management of projects related to the generation of electric power; among others. The Company owns such subsidiaries as GMD SA, Concar SA, Survial SA, Norvial SA and Promotores Asociados de Inmobiliarios SA, among others. Advisors’ Opinion:

  • [By alicet236]

    Grana y Montero SAA (GRAM) Reached the Five-Year Low of $20.90

    The prices of Grana y Montero SAA (GRAM) shares have declined to close to the five-year low of $20.90, which is 17.3% off the five-year high of $22.14. Grana y Montero SAA is owned by four Gurus we are tracking. Among them, four have added to their positions during the past quarter. Zero reduced their positions. Grana y Montero SAA was established in Peru on August 12, 1996 as a result of the equity spin-off of Inversiones GyM S. Grana Y Montero Saa has a market cap of $2.75 billion; its shares were traded at around $20.90 with a P/E ratio of 24.60 and P/S ratio of 1.24.

Best Japanese Companies To Watch For 2016: Financial Institutions Inc.(FISI)


Financial Institutions, Inc. operates as the holding company for Five Star Bank that provides consumer and commercial banking, and financial services to individuals, municipalities, and businesses in central and western New York. Its deposit accounts consist of noninterest-bearing demand, interest-bearing demand, savings, money market, club, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company?s loan portfolio comprises commercial loans, commercial real estate loans, one-to-four family residential mortgages, consumer automobile loans, recreational vehicle loans, boat loans, home improvement loans, closed-end home equity loans, home equity lines of credit, collateralized and uncollateralized personal loans, deposit account collateralized loans, commercial and agricultural working capital and revolving lines of credit, commercial and agricultural mortgages, equipment loans, and crop and livestock loans. It operates throug h a network of approximately 51 offices and 70 ATMs in 14 contiguous counties of western and central New York. The company, through its other subsidiary, Five Star Investment Services, Inc., provides brokerage services. Financial Institutions, Inc. was founded in 1931 and is based in Warsaw, New York.


Advisors’ Opinion:

  • [By Jon C. Ogg]

    Financial Institutions Inc. (NASDAQ: FISI) was started as Buy with a $24 price target by Sterne Agee.

    Ross Stores Inc. (NASDAQ: ROST) was reiterated as Buy and added to the prized Conviction Buy list at Goldman Sachs.

  • [By GURUFOCUS]

    Financial Institutions Inc. (FISI) operates as the holding company for Five Star Bank that provides various banking and financial services to individuals, municipalities, and businesses. Aug. 21, the company increased its quarterly dividend 6% to $0.19 per share. The dividend is payable payable Oct. 2, 2013 to shareholders of record as of Sept. 12, 2013. The yield based on the new payout is 3.9%.

Best Japanese Companies To Watch For 2016: NeurogesX Inc.(NGSX)


NeurogesX, Inc., a biopharmaceutical company, engages in developing and commercializing pain management therapies. The company offers Qutenza for the management of neuropathic pain associated with postherpetic neuralgia, and for the treatment of peripheral neuropathic pain in non-diabetic adults. It also develops NGX-1998, which has completed Phase 2 clinical study, is a topical liquid formulation of high concentration capsaicin to treat neuropathic pain conditions; and acetaminophen prodrugs that is in preclinical stage for use in acute pain, including traumatic pain, post-surgical pain, and fever. The company was formerly known as Advanced Analgesics, Inc. and changed its name to NeurogesX, Inc. in September 2000. NeurogesX, Inc. was founded in 1998 and is headquartered in San Mateo, California.

Advisors’ Opinion:

  • [By CRWE]

    Today, NGSX remains (0.00%) +0.000 at $.0054 thus far (ref. google finance Delayed: 11:59AM EDT July 18, 2013).

    Acorda Therapeutics, Inc. previously reported it has acquired two neuropathic pain management assets from NeurogesX, Inc. (OTCBB: NGSX). Qutenza® is approved by the U.S. Food and Drug Administration (FDA) for the management of neuropathic pain associated with postherpetic neuralgia. The Company also acquired NP-1998, a Phase 3 ready, prescription strength capsaicin topical solution, being assessed for the treatment of neuropathic pain. NP-1998 was previously referred to as NGX-1998.

  • [By CRWE]

    Today, NGSX has shed (-6.67%) down -0.0005 at $.0070 with 29,206 shares in play thus far (ref. google finance Delayed: 10:44AM EDT July 17, 2013), but don’t let this get you down.

    Acorda Therapeutics, Inc. previously reported it has acquired two neuropathic pain management assets from NeurogesX, Inc. (OTCBB: NGSX). Qutenza® is approved by the U.S. Food and Drug Administration (FDA) for the management of neuropathic pain associated with postherpetic neuralgia. The Company also acquired NP-1998, a Phase 3 ready, prescription strength capsaicin topical solution, being assessed for the treatment of neuropathic pain. NP-1998 was previously referred to as NGX-1998.