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LY Corp's portal site, Yahoo Japan, was one of the first internet services in Japan, and it has maintained its market-leading position in terms of monthly active user numbers and page views. In addition, the company offers a variety of internet services, including e-commerce, online travel, and online video. In October 2013, the firm began a new e-commerce strategy of waiving store tenant fees and sales royalty fees on its Yahoo Shopping service to compete with Rakuten and Amazon Japan. The company acquired Zozo in 2019 and integrated Line in 2021.

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Stocks That Hit 52-Week Highs On Friday

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Yahoo Japan To Boost Collaboration With Yahoo! Inc.

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Stocks That Hit 52-Week Highs On Tuesday

In a report issued earlier this week, Nomura analysts Hisao Matsuura, Masaki Motomura and Kiichi Fujita look into a few stocks with low Greece and China exposure amid this period of external instability.
<h3>
	The Context</h3>

	The Nikkei 225 Index continues to fall in July, and now stands below the 20,000 mark, as the Chinese crisis continues to impact on the Japanese equity market. As the Chinese government tries to come up with initiatives to counter the recent tumble in its stock market (until now, with no significant success), Chinese tourists continue to -- unexpectedly -- bolster inbound demand in Japan.

	&ldquo;The Greek debt crisis is also dragging on,&rdquo; the analysts add. After the Greek population decided to vote against the terms of the bailout plan proposed by the European Union, negotiations have restarted. However, &ldquo;with such a large gap between the two sides [Greece and the EU], we think a rapid compromise is unlikely,&rdquo; the experts add.

	So, amid no prospects of a rapid resolution of the Greek situation and plenty of uncertainty surrounding the Chinese crisis, Nomura lists 22 Japanese stocks that seem relatively shielded from risk deriving from both China and Greece.
<h3>
	The Stocks</h3>

	The analysts look for large Japanese stocks that are &ldquo;negatively correlated to the past 60-day yield on the 2-yr Greek bond and the Shanghai Composite Index&rdquo; (ex-forex rates). Take a look below.

	<img alt="" src="https://www.benzinga.com/files/u82070/jap_stocks.png" />

	Source: Nomura, based on Bloomberg data

Yahoo Japan Corp. (OTC: <a class="ticker" href="/stock/yahof#OTC">YAHOF</a>) said <a href="http://ir.yahoo.co.jp/en/release/index.html">it will expand</a> its collaboration with Yahoo! Inc. (NASDAQ: <a class="ticker" href="/stock/yhoo#NASDAQ">YHOO</a>).

	The Japanese Internet company that is 43 percent owned by Softbank Corp. (OTC: <a class="ticker" href="/stock/sftbf#OTC">SFTBF</a>) named Yahoo&#39;s Chief Counsel Ronald S. Bell to its board on Thursday.

	With Yahoo Chief Financial Officer Kenneth A. Goldman is already a director of the Japanese company, Bell&#39;s addition will &quot;further strengthen collaboration,&quot; Yahoo Japan said.

	Yahoo Japan also named Softbank President Nikesh Arora as chairman, replacing Softbank&#39;s CEO Masayoshi Son, who will remain a director.

	Arora was named to the board by Yahoo Japan to &quot;help maximize its corporate value as an Internet company,&quot; according to Yahoo Japan, which reduced the sixe of its board to nine members, from 11.

	Arora, a former Google Inc. executive, is seen as as a potential successor to Son at Softbank, according<a href="http://www.reuters.com/article/2015/05/11/us-softbank-results-idUSKBN0NW0DK20150511"> to Reuters</a>.

	Besides its stake in Yahoo Japan, Softbank is the biggest investor in Alibaba Group Holding Ltd&nbsp;(NYSE: <a class="ticker" href="/stock/baba#NYSE">BABA</a>).

	SoftBank, which has a majority stake in Sprint Corp. (NYSE: <a class="ticker" href="/stock/s#NYSE">S</a>), also has plans to invest $10 billion in India&#39;s fast-growing market for Internet-based retail sales, according to Reuters.

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