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YASKY - Yaskawa Electric Still Getting A Large Benefit Of The Doubt
Yaskawa Electric Corp ADR
It’s been a rough 2020 so far for YaskawaElectric (OTCPK:YASKY) (6506.T). The shares have lost around a quarter of their value, and have more or less tracked the declines in the larger industrial space. While the market didn’t react particularly badly to the company’s fiscal fourth quarter results, where it missed its own operating income target by almost a third, a lot of that seemed to get priced into the shares in the months leading up to the announcement.
Even with a steep year-to-date decline, the shares sport a pretty robust valuation