Actually if you follow stocks you will know that there is a good amount of resistance for SE's stock at around 1150 JPY. Hes right in his assumption that this is the low point (for wrong reasons though). Only way I see it dipping below that point is if they actually admit that Versus was cancelled... and thats when I'll pull my investment.
Right now this is a total gamble... but one I have a stake in.
If you want a safe Japanese stock to play... You play Nintendo when it bounces from 8000 JPY and exit around 8900-9000 JPY.