{"id":21869,"date":"2011-06-22T12:00:33","date_gmt":"2011-06-22T16:00:33","guid":{"rendered":"http:\/\/www.investmentu.com\/?p=21113"},"modified":"2011-06-22T12:00:33","modified_gmt":"2011-06-22T16:00:33","slug":"japan-showing-signs-of-life-after-the-quake","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/06\/22\/japan-showing-signs-of-life-after-the-quake\/","title":{"rendered":"Japan Showing Signs of Life After the Quake"},"content":{"rendered":"

Japan Showing Signs of Life After the Quake<\/a><\/p>\n

by Justin Dove<\/a>, Investment U<\/em> Research
\nWednesday, June 22, 2011<\/p>\n

The Great East Japan Earthquake shook up Japanese electronics manufacturers like Sony<\/strong> (NYSE: SNE<\/a>), Hitachi<\/strong> (NYSE: HIT<\/a>) and Panasonic<\/strong> (NYSE: PC<\/a>) in March. And things haven’t turned around yet.<\/p>\n

Sony’s stock is still reeling as it hit a 52-week low last week – a drop of more than 25 percent from its pre-quake price. Panasonic is down more than 10 percent and Hitachi is down approximately eight percent from their respective prices on March 10, 2011 – the day before the disaster.<\/p>\n

Days after the first quake, we suggested that investing in Japan<\/a> could be a good bet for the long term. What we didn’t know at the time was how long it would take to see signs of recovery. Judging by recent outlooks at some of these companies, we now have a better idea.<\/p>\n

Post-Recovery Outlook for Sony, Hitachi and Panasonic <\/strong><\/p>\n

Projections aren’t always a solid indicator of future performance. It is, however, a good sign when various players have similar post-recovery outlooks for themselves and their sector.<\/p>\n

Here are some key notes from Panasonic’s outlook<\/a>:<\/p>\n