Expert on Japan Retail and Consumer Markets, JapanConsuming

Michael Causton

Expert on Japan Retail and Consumer Markets

Real Insight on Japanese Consumer Markets

JapanConsuming

JapanConsuming is a specialist research firm producing intelligence on Japanese retail and consumer markets. Founded in 2000, JapanConsuming has become the leading provider of insights on Japanese retailers and consumer trends to retailers, brands, government agencies and investors. As well as a highly regarded monthly report on the market, JapanConsuming produces in-depth reports on retail sectors, seminars on key trends and telephone consulting to investors on trends and retailers.

JapanConsuming was founded by Michael Causton and Roy Larke. 

Equity Bottom-Up

South Korea has been <a href="https://www.smartkarma.com/entities/abc-mart-inc" target="_blank" data-smartkarma-citation="entities:3213:1" rel="noopener">ABC Mart's (2670 JP)</a> big growth market in recent years, helping take the company beyond its established dominance in Japan.
With political arguments and Korean consumer animosity proving problematic, the footwear retailer is likely to splash its surplus of cash on faster expansion in the USA, buying both retail volume and adding new brands to its portfolio.

South Korea has been ABC Mart's (2670 JP) big growth market in recent years, helping take the company beyond its established dominance in Japan.
With political arguments and Korean consumer animosity proving problematic, the footwear retailer is likely to splash its surplus of cash on faster expansion in the USA, buying both retail volume and adding new brands to its portfolio.

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Equity Capital Markets

With 2016 nearly over, we look forward to some of the major IPOs in Korea in 2017. There were a few big IPO winners in 2016, including <a href="https://www.smartkarma.com/entities/22709" target="_blank" data-smartkarma-citation="entities:22709:1">Haitai Confectionery &amp; Foods (101530 KS)</a> (See <a href="https://www.smartkarma.com/insights/haitai-confectionery-ipo-preview" target="_blank" data-smartkarma-citation="insights:3494">Haitai Confectionery - IPO Preview</a> ) and <a href="https://www.smartkarma.com/entities/23610" target="_blank" data-smartkarma-citation="entities:23610:1">Englewood Lab (950140 KS)</a> (see <a href="https://www.smartkarma.com/insights/englewood-lab-ipo-preview-part-2-valuation-analysis" target="_blank" data-smartkarma-citation="insights:6210">Englewood Lab IPO Preview (Part 2) - Valuation Analysis</a>) both of which surged more than 100% from their IPO offer prices after several trading days post their IPOs. However, there were also disappointments including <a href="https://www.smartkarma.com/entities/23636" target="_blank" data-smartkarma-citation="entities:23636:1">Clio Cosmetics (237880 KS)</a>…

With 2016 nearly over, we look forward to some of the major IPOs in Korea in 2017. There were a few big IPO winners in 2016, including Haitai Confectionery &amp; Foods (101530 KS) (See Haitai Confectionery - IPO Preview ) and Englewood Lab (950140 KS) (see Englewood Lab IPO Preview (Part 2) - Valuation Analysis) both of which surged more than 100% from their IPO offer prices after several trading days post their IPOs. However, there were also disappointments including Clio Cosmetics (237880 KS)…

<ul><li><a href="https://www.smartkarma.com/entities/23605" target="_blank" data-smartkarma-citation="entities:23605:1">ABC-Mart Korea (1074042D KS)</a>  is a 100% wholly owned subsidiary of a Japanese company <a href="https://www.smartkarma.com/entities/3213" target="_blank" data-smartkarma-citation="entities:3213:1">Abc Mart Inc (2670 JP)</a>. ABC-Mart Korea is a category killer in sneakers multi shops. ABC-Mart Korea has been increasingly gaining household brand name recognition as the "go-to" destination when Korean consumers decide to purchase new sneakers. The company generated 397.6 billion won in sales with 10.8% operating margins in 2015. </li><li>ABC-Mart Korea filed a preliminary IPO application with the Korea Exchange (KRX) on September 6th. Once approved, it is likely for the company to be listed on the Korea Stock Exchange in December 2016/early 2017. This IPO is expected to be one of the largest consumer retail sector IPOs in Korea over the next six months. It takes about 45 business days for the approval process to be approved or not. It appears that this IPO is most likely to get approved by the Korea Exchange. The lead manager is NH Investment &amp; Securities. </li><li>ABC Mart is a sneakers/shoes multi shop, which refers to selling many different branded sneakers and shoes at one location. Many consumers prefer to shop at a multi shop when purchasing sneakers/shoes since it is more convenient and the multi shop provides a wider selection of shoes and sneakers to choose from as compared to hypermarkets, for example.</li></ul>

ABC-Mart Korea (1074042D KS)  is a 100% wholly owned subsidiary of a Japanese company Abc Mart Inc (2670 JP). ABC-Mart Korea is a category killer in sneakers multi shops. ABC-Mart Korea has been increasingly gaining household brand name recognition as the "go-to" destination when Korean consumers decide to purchase new sneakers. The company generated 397.6 billion won in sales with 10.8% operating margins in 2015. ABC-Mart Korea filed a preliminary IPO application with the Korea Exchange (KRX) on September 6th. Once approved, it is likely for the company to be listed on the Korea Stock Exchange in December 2016/early 2017. This IPO is expected to be one of the largest consumer retail sector IPOs in Korea over the next six months. It takes about 45 business days for the approval process to be approved or not. It appears that this IPO is most likely to get approved by the Korea Exchange. The lead manager is NH Investment &amp; Securities. ABC Mart is a sneakers/shoes multi shop, which refers to selling many different branded sneakers and shoes at one location. Many consumers prefer to shop at a multi shop when purchasing sneakers/shoes since it is more convenient and the multi shop provides a wider selection of shoes and sneakers to choose from as compared to hypermarkets, for example.

ABC-Mart Korea IPO Preview (Category Killer in Sneakers Multi Shops) - Part I

South Korea

Abc Mart Korea Co.,Ltd. was founded in 2002. The company's line of business includes the wholesale distribution of footwear.

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ABC-Mart Korea (1074042D KS)

ABC Mart: Moving Beyond South Korea

South Korea has been ABC Mart's (2670 JP) big growth market in recent years, helping take the company beyond its established dominance in...

Michael Causton

2017 Major IPOs Pipeline in Korea

With 2016 nearly over, we look forward to some of the major IPOs in Korea in 2017. There were a few big IPO winners in 2016, including Haitai...

Douglas Kim

ABC-Mart Korea IPO Preview (Category Killer in Sneakers Multi Shops) - Part I

ABC-Mart Korea (1074042D KS) is a 100% wholly owned subsidiary of a Japanese company Abc Mart Inc (2670 JP). ABC-Mart Korea is a category killer...

Douglas Kim

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