Tokyo's top stock surges 305% in one year


MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.09 percent. Australian stocks were flat and Japan's Nikkei rose 0.4 percent. South Korea's KOSPI climbed 0.5 percent.

TOKYO: The best-performing stock here quadrupled last year, but its chief financial officer says it’s still cheap.

BrainPad Inc posted a 305% gain, the best among the more than 2,100 constituents of the benchmark Topix index, as the data analysis company’s profit started to strengthen, reassuring investors of its ability to make money.

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