Results look okay. Headline numbers are great. Good SSS outside Japan. Cashflow isn't so flash. Interesting comment that they expect a notable wage increase in H2 2017 as well. All balances out in the end. Good result IMO just doesn't warrant current PE.
I stayed short on a rationalised position over this period. Not sure if that was brave or stupidity though. Admittedly down atm but up overall thanks to last years drop from 60 to 50. So we'll see where we end up.
Stab in the dark. I reckon there will be a spike at open, especially if it triggers any of the citiwarrants will see low to mid 80's before retreating this afternoon.
Anyhow good luck all long and short.
Good FY16 result, page-46
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