FANCL: Conservative Guidance Could Form an Opening on The Long Side
With 3.7% YoY projected revenue and OP growth in FY22, FANCL’s guidance is quite disappointing. However, it seems like FANCL could be playing safe...
217 Views
Long Shiseido/Short KOSE As Japanese Cosmetics Shift Focus to Margin Expansion
We have high expectations for Japanese cosmetics in the post COVID era as we expect a significant bump in the sector’s operating margin due to a...
231 Views
Japanese Cosmetics Industry: 1Q21 Statistics Update
With 36.7% YoY growth in 1Q21, cosmetics exports continue to drive the recovery of the Japanese cosmetics sector. However, the out-of-control COVID...
205 Views
Asia Short Interest: Meituan, WuxiBio, Tencent, Nexon, Orix, Toshiba, Shiseido, Samsung, Hannstar
The Insight looks at large short interest movements across HK, Japan, Korea and Taiwan stocks and highlights large increases/decreases in shorts to...
355 Views
The Subscription Economy: Keeping Customers Keen While Earning Recurring Revenues
Subscriptions to physical goods are rapidly becoming a popular model. In Japan, many major retailers and brands are creating subscriptions, gaining...
446 Views