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Goldman names 'Seven Samurai' of market-boosting Japanese stocks

Feb 20, 2024 - asia.nikkei.com
Goldman Sachs has identified seven Japanese companies, referred to as the "Seven Samurai", that have significantly contributed to the recent surge in the country's equities market. The companies include Screen Holdings, Advantest, Disco, Tokyo Electron, Toyota Motor, Subaru, and Mitsubishi Corp. The term "Seven Samurai" is a nod to the classic Kurosawa film and its American remake, "The Magnificent Seven".

The U.S. investment bank named the collection of companies after the classic film to signify their importance and impact on the market. The companies were listed in a note on Sunday, highlighting their role in boosting Japan's equities market to its current heights.

Key takeaways:

  • Goldman Sachs has identified seven Japanese companies, referred to as the "Seven Samurai", that have significantly contributed to the recent surge in the Japanese equities market.
  • The "Seven Samurai" includes Screen Holdings, Advantest, Disco, Tokyo Electron, Toyota Motor, Subaru, and Mitsubishi Corp.
  • The term "Seven Samurai" is a reference to the classic Akira Kurosawa film, which was remade in the U.S. as "The Magnificent Seven".
  • The U.S. investment bank named this collection of companies after the classic Kurosawa film.
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