The “Need-Supply Demon” Tetsuo Inoue’s Market Trends — Professional Market Analysis Know-How and Notable Stocks Revealed! | Episode 12
Profile of Tetsuo Inoue
Inoue Tetsuo. Representative of Spring Capital Co., Ltd., a member of the certified examiners of the Japan Securities Analysts Association. After graduating from Sophia University, he served as head of the investment department at a domestic insurance company, then transitioned to Chief Strategist and Head of Japanese Equity Investments at UAM Japan Inc. (now Old Mutual Group). Subsequently, he held similar roles at Proud Investment Advisers and at MCP Group, one of Asia’s largest fund-of-funds managers, before becoming independent. Known as the “demand and supply demon,” he has served as a personality on Nikkei CNBC TV’s “Evening Express” and “IR on the Offensive – Market Breakthrough,” as well as on Radio NIKKEI’s “AsuZai,” among others.
From original technical analysis and demand-supply trends, Inoue analyzes the direction of the stock market (stock indices) from his unique perspective in his e-newsletter “Market Trends.” His video school “Victory Screening – Stock Hybrid Battle –” co-hosted with B-Kompi’s Shintaro Sakamoto, provides market commentary and featured stock picks, and is well received on GogoJungle (GogoJungle).
Newsletter:Market Trends
Video school:Victory Screening – Stock Hybrid Battle –
*This article is a reprint and partial rewrite of FX攻略.com March 2021 issue. Please note that the market information described in the text may differ from the current market.
29 Companies That Struggled During the COVID-19 Pandemic
Our company analyzes the performance of listed firms by examining the performance trends of companies that have disclosed their full-year results since 2009, excluding the 4 financial industries from the 33 Tokyo Stock Exchange sectors. As of May this year, the company-wide 2020 earnings forecast projected a 5.2% year-on-year decrease in net sales and a 5.4% decrease in ordinary income, but by November these figures had worsened to a 9.0% decrease in net sales and a 23.5% decrease in ordinary income, indicating extremely severe numbers.
Our quarterly corporate ranking currently targets 3,366 companies; since 2009, only 183 have remained in the top 1,000. Among them, 29 companies stood out by increasing their ranking by more than 25% in both the May 2020 and November 2020 rankings despite the pandemic.
In this issue, we list these relatively resilient stocks. The distinguishing feature is that they fall into two categories: industries whose performance was not affected by the pandemic, and industries that were initially expected to struggle but later showed signs of recovery.
