IBM Extend Semiconductor Partnership With Tokyo Electron

Yahoo FinanceApr 4 10:46 ET

The trend of risk aversion continues, reaching the 33,000 yen level for the first time in eight months.

The Nikkei Average continued to decline significantly. It closed at 33,780.58 yen, down 955.35 yen (estimated Volume 3.2 billion 10 million shares), breaking below 34,000 yen for the first time in about eight months since August 5 of last year. Due to the USA's mutual tariffs and concerns over a global economic slowdown, the major Overseas stock indices plummeted the previous day, leading to a steep decline in the Nikkei Average at the start. It fell below the 34,000 yen mark in the middle of the morning session. After that, there were some buybacks due to a rebound from the sharp declines.

Fisco JapanApr 4 03:26 ET

The ADR trends on the 3rd show that INPEX, Hitachi, Kawasaki Heavy Industries, etc., are low in yen conversion value.

On the 3rd, the ADRs (American Depositary Receipts) showed a broad decline compared to the closing prices in Tokyo on the same day when converted to yen. In terms of yen conversion, INPEX <1605.T>, Hitachi <6501.T>, Kawasaki Heavy Industries <7012.T>, IHI <7013.T>, SoftBank Group <9984.T>, etc., were all lower. Nidec Corporation Sponsored ADR <6594.T>, Rohm <6963.T>, Murata Manufacturing <6981.T>, Asics <7936.T>, Tokyo Electron <8035.T>, etc., also performed poorly. Provided by Wealth Advisor Company.

Kabushiki ShimbunApr 3 18:40 ET

Tokyo Electron Ltd. Unsponsored ADR Kyushu obtained Platinum status in the RBA audit.

Tokyo Electron Ltd. Unsponsored ADR's headquarters in Kyushu (Kumamoto Prefecture, Koshi City) has achieved the highest rating of Platinum Status in the RBA* VAP (Validated Assessment Program) audit. The VAP audit evaluates whether business activities comply with the RBA Code of Conduct and assigns status based on the evaluation score. This time, the headquarters of Tokyo Electron Ltd. Unsponsored ADR has been recognized for "Labor," "Health and Safety," "Environment," "Ethics," and "Management."

Tokyo ElectronApr 3 11:00 ET

Selected as an "excellent integrated report" by GPIF's domestic Stocks management institution.

Tokyo Electron Ltd. Unsponsored ADR announces that its "Integrated Report 2024" has been selected as an "Excellent Integrated Report" by the domestic equity management institutions of the Government Pension Investment Fund (GPIF). The company has been continuously selected as an "Excellent Integrated Report" since the fiscal year ending March 2022. The GPIF selects up to 10 companies each as "Excellent Integrated Report" and "Highly Improved Integrated Report" from multiple asset management firms to which it has entrusted the management of domestic stocks.

Tokyo ElectronApr 3 11:00 ET

The attitude of risk aversion influenced by mutual tariffs is strengthening.

The Nikkei average fell sharply, closing at 34,735.93 yen, down 989.94 yen (with an estimated Volume of 2.7 billion 10 million shares), marking the first time in about eight months since August 8 of last year that it dropped below the 35,000 yen level. Following the announcement of details regarding reciprocal tariffs by the Trump administration, there has been an increased risk aversion due to concerns over a global economic slowdown. The Tokyo market saw selling pressure on a wide range of stocks, which led to a dip to 34,102.00 yen immediately after the market opened. Following that, there was a rebound from the sharp decline.

Fisco JapanApr 3 03:24 ET