Wa-pedia Home > Japan Forum & Europe Forum
Results 1 to 1 of 1

Thread: Japanese banks stock quotes

  1. #1
    Twirling dragon Maciamo's Avatar
    Join Date
    Jul 17, 2002

    Exclamation Japanese banks stock quotes

    As the news flood us with talks of nationalising the big Japanese banks in case economic reforms come, I've checked how the big 4 are performing at the stock exchanges around the world. I was shocked to see that most shares lost more than 90% of their values in just over a year. Have a look by yourself :

    Financial times

    Sumitomo Mitsui Bank (US quote) > not too bad, pass from 9USD to 3USD in a year. Only 66% down.

    Mizuho Holdings (London quote)
    > I can't explain how it falls from over 7000 to a mere 100 over 1 and a half year. The holdings was actually created in April last year and it lost 2/3 of its value since then (from about 370 to 130).

    UFJ Holdings

    > Created last year ; was still quoted 400pounds in March, 300 in October, but has fallen under 90pounds a few days ago. What's going on ?

    Mitsubishi Tokyo Financial group (US quote)

    > this bank has a very different profile of others. The share was worth 25USD in 1994, then had tumbled to less than 7USD mid 98. It had gone up again and reached a peak late 1999 (about 16USD), but has declined since then with sharp irregularities. There had been a small second peak in June this year (8USD), but the share has gone down to 5.5 - 6USD this week. So this bank is not doing as bad as the others, but its shares have nevertheless lost almost 80% over 8 years, among 30% in the last 5 months which is more worrying.

    I have also checked the quotes on Yahoo Japan to compare.

    UFJ Holdings (Tokyo)

    > went from 1000yen in May 2001 to about 100yen now (90% less).

    Mizuho Holdings

    > Over the same period has gone from 800 to 130yen. (about 80% less)

    Tokyo Mitsubishi Financial group

    > Still over the same period (since May 2001), the share has passed from over 1300yen to 710yen. That's relatively good ; a mere 40% less.

    Sumitomo Mitsui Bank

    > Worth 2500yen late 93, still 1500yen in 2000, but just over 350yen now. So, from May 2001 it has lost over 60% and since 93 about 85%.
    Last edited by Maciamo; Nov 25, 2002 at 17:28.

    Visit Japan for free with Wa-pedia
    See what's new on the forum ?
    Eupedia : Europe Guide & Genetics
    Maciamo & Eupedia on Twitter

    "What is the use of living, if it be not to strive for noble causes and to make this muddled world a better place for those who will live in it after we are gone?", Winston Churchill.

Similar Threads

  1. Stock Market
    By Shillelagh in forum China & the USA : Bilateral relations
    Replies: 1
    Last Post: Nov 10, 2007, 02:09
  2. Replies: 1
    Last Post: Nov 6, 2005, 19:22
  3. LDP against banks entering insurance business
    By Maciamo in forum Economy
    Replies: 0
    Last Post: Mar 11, 2004, 16:30
  4. Government to intervene in stock prices
    By Maciamo in forum Economy
    Replies: 1
    Last Post: Mar 10, 2003, 17:50

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts