Yamaha Motor Co Ltd -- '3M' from '2M' (target price 1250yen->1025yen) Rating unchanged:
Yaskawa Electric Corp -- '1M' (target price 900yen)
Mitsubishi Materials Corp -- '1M' (target price 320yen)
Shin-Etsu Chemical Co Ltd -- '1M' (target price 6000yen)
Daito Trust Construction Co Ltd -- '1M' (target price 5300yen)
Kobe Steel Ltd -- '2H' (target price 220yen) Citigroup assigns ratings as follows: '1L' or 'Buy/Low Risk' - issues expected to outperform ETR by 10
percentage points. '1M' or 'Buy/Medium Risk' - issues expected to outperform ETR by 15
percentage points. '1H' or 'Buy/High Risk' - issues expected to outperform ETR by 20
percentage points. '1S' or 'Buy/Speculative' - issues expected to outperform ETR by 35 percentage points. 538976288 '2L' or 'Hold/Low Risk' - issues expected to outperform ETR greater
than zero, but below 10 percentage points. '2M' or 'Hold/Medium Risk' - issues expected to outperform ETR greater
than zero, but below 15 percentage points. '2H' or 'Hold/High Risk' - issues expected to outperform ETR greater
than zero, but below 20 percentage points. '2S' or 'Hold/Speculative' - issues expected to outperform ETR greater
than zero, but below 35 percentage points. '3L' or 'Sell/Low Risk' - issues expected to perform less than or equal
to ETR. '3M' or 'Sell/Medium Risk' - issues expected to perform less than or
equal to ETR. '3H' or 'Sell/High Risk' - issues expected to perform less than or
equal to ETR. '3S' or 'Sell/Speculative' - issues expected to perform less than or
equal to ETR. Expected Total Return (ETR) - expectation of total return
(projected share price appreciation
plus forcast dividend yield) within
12 months. (Tokyo Equities Desk +81-3-3432-9404 tokyo.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
