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Tokyo Steel Manufacturing (TSE:5423) sheds 4.6% this week, as yearly returns fall more in line with earnings growth

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Update time : 2024-09-09 15:12:45

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. One great example is Tokyo Steel Manufacturing Co., Ltd. (TSE:5423) which saw its share price drive 127% higher over five years. On top of that, the share price is up 13% in about a quarter.

In light of the stock dropping 4.6% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return.

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