ZOZO - Buying a Stairway to Heaven
ZOZO (3092 JP) ONWARD AND OUT - ZOZO (3092 JP), formerly Start Today, has been the sixth-most-traded large capitalisation stock over the last...
1.7k Views
Japan: Moving Average Outliers - Market, Sectors & Stocks - Hoshizaki, Sumco & Sharp
MARKET COMPOSITEMARKET MOVING AVERAGES - As a prelude to our usual review of stock moving average outliers, we shall look at the current trend in...
404 Views
Japan Fortnightly Update: Market PE at ‘Abe-Era’ Low
GOOD RESULTS/WEAK MARKET - It may just be because the ‘Obon’ holidays start next week, but the Japanese equity market has greeted the seventh...
382 Views
A Stable Japan Business and Integration of Overseas Subsidiaries Will Raise Hoshizaki's Margin
Our fair value estimate for Hoshizaki is JPY 11,100 per share, which implies a forward P/E of 33 times, enterprise value/EBITDA of 15 times, and a...
121 Views
Hoshizaki (6465) Time to Let This Go ?
This is a great business. It dominates the domestic market for commercial use refrigerators (44% shares), dishwashers (44% shares) and ice machines...
173 Views