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Which stock price has risen? The company that produced the Keidanren Chairman vs. the board company of the New Keidanren led by Chairman Mikitani of Rakuten

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moomooニュース日本株 wrote a column · Sep 22, 2023 00:38
TOB by domestic coalitions such as Japan Industrial Partners was established, and it is expected to be delisted by the end of the year $東芝(6502.JP)$. It is the first “prestigious” company that has produced a Japan Business Federation (Keidanren) president, also known as the “prime minister of the business world,” in the past to be delisted.
Therefore, we have summarized the stock price situation since the beginning of this year for 8 other companies that have produced successive Keidanren presidents. At the same time, it is regarded as “Japan's newest economic organization” $Rakuten Group(4755.JP)$I compared it with 7 companies that have produced directors of the New Economy Federation (New Economic Federation) led by Chairman Mikitani Hiroshi of
▲Stock price gain/fall rates of companies that have produced Keidanren and past presidents and companies that have produced current directors since the beginning of this year
▲Stock price gain/fall rates of companies that have produced Keidanren and past presidents and companies that have produced current directors since the beginning of this year
The results are clear at a glance, and companies that have produced successive presidents of Keidanren have “won a landslide victory,” and 5 out of 8 companies have exceeded the year-to-date gain/fall rate of the Nikkei Stock Average of 24.82%.
Meanwhile, all of the 7 companies that have produced directors of the New Economic Union have fallen below the Nikkei Average, and 5 of them have lowered their stock prices. In addition to the performance and financial status of individual companies, it seems that the market environment where growth stocks are disgusted and value stocks are preferred in the face of high interest rates is also a major factor.
However, among the companies that have produced Keidanren in the past, the current Keidanren Chairman belongs $Sumitomo Chemical(4005.JP)$Only stock prices have dropped. Meanwhile, the Rakuten Group, to which the representative director of the New Economic Federation belongs, has increased its stock price the most among companies that have produced directors.
▲Overview of Keidanren and New Keidanren (source: websites of both economic organizations)
▲Overview of Keidanren and New Keidanren (source: websites of both economic organizations)
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