Paltac Corporation
TYO:8283 ISIN:JP3782200004
Paltac Corporation (TYO:8283) is the leading wholesale distributor of daily necessities, such as cosmetics and toiletries. We consistently handle about 30,000 items, including products from both domestic and foreign manufactures. We supply these goods to retailers, such as drug stores, convenience stores, supermarkets, and home centers, throughout Japan.
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Asian shares could see a flat start on Wednesday while Wall Street closed slightly higher overnight. Steelmakers and resource stocks are expected to suffer declines around the region follow commodities prices dropped. Most Asian markets posted small gains yesterday. Shanghai and Hong Kong bourses rose after an upbeat forecast from China Life Insurance Co., mainland's largest insurance company. China's Shanghai Composite added 0.5 per cent, Hong Kong's Hang Seng Index advanced 0.1 per cent. South Korea's Kospi and Taiwan's Taiex inched up 0.1 per cent each. But Japan's Nikkei 225 closed down 0.17 per cent on profit-taking selling.
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