THIRD TEAM
Tetsuya Wadaki Nomura Securities Co.
Although he drops two notches to No. 3, Tetsuya Wadaki “is always on top of order trends,” insists one portfolio manager. The Nomura Securities Co. researcher upgraded Dainippon Screen Manufacturing Co. from neutral to buy back in June 2009, at ¥328, and has highlighted the recommendation repeatedly since. Wadaki informed clients that the Kyoto-based manufacturer of semiconductor production equipment was gobbling up market share, which would lead to higher profits. Right on target. By the end of February 2011, the stock price had more than doubled, to ¥790; during the same period the sector advanced 4.5 percent. “His timely information about SPEs helped our performance,” cheers one investor.
Polling and tabulation of data as well as reporting on the sector profiles were completed before the March 11 Tohoku earthquake.