Masaya Yamasaki Nomura Securities Co. The buy side says: “He has had amazing recommendations.”
Masaya Yamasaki of Nomura Securities Co. rises one level to finish on top for the first time. In January 2010 he astutely upgraded Hitachi from neutral to buy, at ¥293, after the Tokyo-based diversified manufacturer jettisoned its unprofitable automobile-components and flat-panel TV businesses and improved its balance sheet. By late February 2011 the stock had advanced a crackling 68.9 percent, to ¥495, and trounced the sector by a whopping 62.4 percentage points. “He is very strong at heavy electronic companies, and his recommendation on Hitachi was right on target — that was very helpful,” cheers one investor. Also in January 2010, Yamasaki upgraded Tokyo’s Mitsubishi Electric Corp. from neutral to buy, at ¥707, largely on the strength of its power-conserving equipment and semiconductor production. The stock had zipped to ¥967 by late February 2011, a gain of 36.8 percent that bested the sector by 24.4 points. Yamasaki, 42, joined Nomura in 1992 after earning a bachelor’s degree from Tokyo Institute of Technology’s department of physical electronics.
Polling and tabulation of data as well as reporting on the sector profiles were completed before the March 11 Tohoku earthquake.
