Stock price when the opinion was issued
This is a Japanese corporation. They literally allow robots to see. They also make different kinds of sensors. Their value proposition is that their products pay back for their clients, very frequently in under 12 months. He doesn’t believe they’ve had a down year, because the products provide such strong payback to clients. (Analysts’ price target is 71,577¥)
They make machine vision systems. They are one of three. They are very interesting businesses. He sold earlier in the year because it had done very well for him and there was a slowing in capital spending plans in automation. He would always keep it on the watch list.