Pigeon (Part I): Overseas Segment (Excl. China) The Key Driver of Growth for the Company
This is the FIRST of a series of reports on Pigeon Corp (7956 JP), where we will be taking a closer look at the company’s core business segments....
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Japan Consumption Tax Hike: The Impact on Convenience Stores and Cosmetics
After a lengthy delay, Japan has increased its consumption tax from 8% to 10%. The tax hike came into effect from 1st of October 2019. The...
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Unicharm Indonesia IPO: A Charming Business Attractive at the Low-End of Pricing
Unicharm Indonesia, the subsidiary of Unicharm Japan manufactures baby diapers, sanitary napkins and adult diapers and is the market leader in the...
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Shiseido Instigates Key Organisational Reforms: Nasu Factory Going Live From 24th December
The 3Q19 results of Shiseido Co Ltd (4911 JP) were quite poor compared to the high standards the company has set over the last few years. The...
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Shiseido 3Q19 Earnings: Guidance Lowered and Cracks in China Growth Story Starting to Appear
Shiseido released its 3rd quarter 2019 results on 7th November 2019. The 3Q19 results were poor from many angles. The company failed to meet both...
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