Japanese companies recover to pre-earthquake levels

Glanzmann says Japanese equities have proved their high level of flexibility and dynamics over the year as companies recover production and corporate profits which, he confirms, have now returned to pre-earthquake levels. In fact, Glanzmann, reports that there are some internationally-geared companies reporting their best earnings ever. “Going forward, favourable raw material costs and the fairly neutral yen should make a positive contribution to input costs and help companies to expand margins and profits.”   Investors are being advised to differentiate between those Japanese companie...