THIRD TEAM

Satoru Kikuchi Deutsche Securities

Satoru Kikuchi rises from runner-up to third place. Investors applaud the Deutsche Securities analyst’s “very realistic coverage” that is based on “hard data scrubbed clean of spin.” Kikuchi upgraded Nihon Unisys from neutral to buy in March 2010, at ¥540, largely on valuation. By the end of February, shares of the Tokyo-based technology consultant and software developer had shot up 19.6 percent, to ¥646, and outdistanced the sector by 22.9 percentage points.

Polling and tabulation of data as well as reporting on the sector profiles were completed before the March 11 Tohoku earthquake.