Precision System Science Co., Ltd. (7707) Increases 1.38% on Nov 15

November 15, 2017 - By Hazel Jackson

Shares of Precision System Science Co., Ltd. (TYO:7707) last traded at 660, representing a move of 1.38%, or 9 per share, on volume of 352,900 shares. After opening the trading day at 646, shares of Precision System Science Co., Ltd. traded in a close range. Precision System Science Co., Ltd. currently has a total float of 23.07 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 346 and high of 1011.

TSE: Building The Future Of Japan

The Tokyo Stock Exchange (TSE) is a meaningful representation of the Japanese economy. Just like in any other nation, the equity market is an important indicator of present and future sentiments.


Having been established in 1878, the TSE is among the first stock exchanges in Asia. Needless to point out, it was already there during the World War II (WWII). Unable to withstand the repercussions of the WWII, the TSE had closed in 1945. Four years later, it had a major comeback under a new Securities Exchange Act. Japan had never looked back since then.

Nikkei Stock Average

The Nikkei 225 or Nikkei Stock Average measures the 225 blue-chip stocks on the TSE based on share price and not based on market capitalization. It was officially established on September 7, 1950 as part of the rebuilding efforts after the war.

The Nikkei Stock Average is reviewed every September of every year. Every October, the changes made take effect.

It can be compared to the Dow Jones Industrial Average (DJIA), being the widely quoted index in Japan. Because the Nikkei Stock Average is composed of 225 most actively traded stocks, it is a strong indicator of both the Japanese and Asian economies.

Japanese Equity Market Through the Years

Precision System Science Co., Ltd. is a stock traded on the Japan stock exchange. In 1986, the Nikkei 225 Futures was launched on the Singapore Exchange (SGX). Two years later, it was launched on the Osaka Securities Exchange (OSE). In 1990, it was launched on the Chicago Mercantile Exchange (CME).

In the 1980s, the TSE had its longest bull period after the yen had appreciated roughly 50% with the help of monetary stimuli from the Bank of Japan (BOJ). The TSE had then represented about 60% of overall global market valuation. The Nikkei Stock Average had finished the decade strong, hitting 38,957.44 on December 29, 1989.

The TSE also had its worst days. In October 2008, the Nikkei Stock Average had fallen below the 7,000 mark, down by 80% from its record peak. Its all-time low of 85.25, on the other hand, was last seen in July 1950.

When an earthquake massively hit Japan in March 2011, the economy was also shattered. Two sessions after the earthquake, the Nikkei Stock Average had lost 10% after nearly reaching the 10,000 mark. It had fallen to a nearly-two-year low on November 25, 2011, closing at 8,160.01. The Nikkei Stock Average had seen its lowest year-end close in almost 30 years that time, concluding 2011 at 8,455.35. Its lowest year-end close was seen at 8,016.70 in 1982. Precision System Science Co., Ltd. has relatively good liquidity.

The Nikkei Stock Average had eventually recovered, finally reaching the 10,000 mark in 2013. Come 2015, it had already hit the 20,000 mark, making Japan one of the fastest growing economies in the world.

The Japanese economy has been through a lot and it still remains unshaken. If anything, it is still thriving in Asia as one of the region’s economic leaders. This is what makes TSE stocks reasonable long-term investments. Professional analysts might be interested how this will affect Precision System Science Co., Ltd..

More important recent Precision System Science Co., Ltd. (TYO:7707) news were published by: which released: “JF Lehman & Company Acquires BEI Precision Systems & Space Company” on May 04, 2017, also published article titled: “Asic Land Co. Ltd Licenses Andes Technology Corp. N1337 with Single-Precision …”, published: “INSERTING and REPLACING SC17 Exhibitor Profiles” on November 14, 2017. More interesting news about Precision System Science Co., Ltd. (TYO:7707) was released by: and their article: “China’s navigation system gets powerful chip to improve positioning” with publication date: September 16, 2017.

Precision System Science Co., Ltd. is engaged in the development, manufacture and sales of various devices for lab automation and clinical diagnosis. The company has market cap of $15.22 billion. The Equipment segment provides various automated equipment for lab such as deoxyribonucleic acid (DNA) automatic extractors and others, immunochemical luminescence measuring devices, specimen pretreatment devices for clinical diagnosis, and fully automated gene diagnostic equipment, among others. It currently has negative earnings. The Reagents and Consumables segment provides various reagents used for DNA extraction and protein purification, as well as dedicated plastic consumables such as reaction vessel and others.

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