Seiyu impresses analyst: contrarian lauds firm's steps to restructure

Article Abstract:

Stock analyst Mike Allen of ING Baring Securities is recommending a 'buy' option on stocks of Japanese retailer Seiyu, confident that the retailer's management reorganization can result in significant gains for investors. Allen believes that Seiyu's stocks can rise from its 335 yen closing on the Sept. 23 1998 trading day to as much as 1,500 yen over the next two to three years due to the diligence being exercised by Seiyu's new management in bringing back the firm to its retailing roots. The company has so far divested itself of its interests outside of retailing and plans on trimming subsidiaries down to 25 by 2002 from 101 subsidiaries. The retailer also plans on closing down 15 outmoded stores in 1997.

Retail Store Chains, Retail industry, Retail trade, Stock-exchange, Stock exchanges, Chain stores, Seiyu Ltd.

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Small firms are benefitting from shift of talent as big companies cut back on hiring graduates

Article Abstract:

The recruitment slowdown at Japan's biggest companies has meant bad news for many new Japanese college graduates. For the country's smaller firms, however, the trend is turning out to be a positive development. These companies, traditionally passed up by new graduates seeking plum positions at Japan's big firms, are now seeing an influx of fresh new talent from the country's top universities. Observers believe that these new graduates could help boost productivity and innovation at Japan's smaller companies.

Recruiting, College graduates, Employment, Corporations, Corporations, Japanese

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Aruze faces rough road; analysts doubt game maker's bet on pachinko

Article Abstract:

The prospects for Aruze Corp is not good as it introduces another slot machine that competes with the traditional pachinco machines. The move also comes at a time when the pachinco industry is reducing the number of slot machine that are being used and raising the prize stakes for pachinco games. Aruze's shares of stock have settled into a range of about 12,000 yen and are not likely to rise much higher in view of the events.

Other Commercial and Service Industry Machinery Manufacturing, Manufacturing industries, not elsewhere classified, Coin-Operated Amusement Equip, Market share, Gambling industry, Coin operated recreation equipment, Slot machines, Aruze Corp.

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