External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

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<ul><li>Karaoke Manekineko is expanding their chain and improving unit economics to fill the gap left by the COVID pandemic</li><li>Affordable pricing, BYO food and drinks policy, and improved ordering system make them well-positioned to capture more market share</li><li>Membership fee of only 220¥ makes their services accessible to customers and gives them a competitive advantage in the karaoke industry</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Karaoke Manekineko is expanding their chain and improving unit economics to fill the gap left by the COVID pandemicAffordable pricing, BYO food and drinks policy, and improved ordering system make them well-positioned to capture more market shareMembership fee of only 220¥ makes their services accessible to customers and gives them a competitive advantage in the karaoke industryThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Koshidaka Holdings (2157) - Monday, Jun 17, 2024

Research from Mita Securities, Mita Securities

Mita Securities

Research from Mita Securities

Mita Securities provides a full scale diversified investment banking and financial services. A comprehensive investment banking department, specializes in rights offerings advisory, take-over bids agents, M&A etc. Including a proprietary trading desk, and wealth management department that offers brokerage, custody, real estate, and full proxy services.

<ul><li>On April 13, Koshida Holdings (2157, the company) announced 1H FY8/22 sales of 16.533bn yen (+36.5% YoY), OP of 275m yen (-2.644bn yen loss in 1H FY8/21)</li><li>2Q (Dec-Feb) OP was 1.406bn yen (-1.661bn yen loss in 2Q FY8/21), a significant improvement from 1Q OP of -1.131bn yen</li><li>The total number of stores for the karaoke business at end-2Q was 584 (+7 from end-1Q; +25 from end-FY8/21)</li></ul>

On April 13, Koshida Holdings (2157, the company) announced 1H FY8/22 sales of 16.533bn yen (+36.5% YoY), OP of 275m yen (-2.644bn yen loss in 1H FY8/21)2Q (Dec-Feb) OP was 1.406bn yen (-1.661bn yen loss in 2Q FY8/21), a significant improvement from 1Q OP of -1.131bn yenThe total number of stores for the karaoke business at end-2Q was 584 (+7 from end-1Q; +25 from end-FY8/21)

Koshidaka Holdings (2157): 1H OP Turns to Positive; Significant Store Expansion

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Targeting long-term growth by leveraging external funds and talents
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Selecting a financing scheme that is unlikely to weigh on the stock price
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Koshidaka HD's capital raising scheme has a high minimum exercise/conversion price and a high base price (800 yen)
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Targeting long-term growth by leveraging external funds and talents


Selecting a financing scheme that is unlikely to weigh on the stock price


Koshidaka HD's capital raising scheme has a high minimum exercise/conversion price and a high base price (800 yen)



Koshidaka Holdings (2157): Announced Capital and Business Alliance with Advantage Advisors

<ul><li>2Q OP guidance of 1.160bn yen, first quarterly positive OP under the pandemic</li><li>On February 21, Koshidaka Holdings (2157, the company) announced a revision to its 1H FY8/22 (Sep. 2021-Feb. 2022) guidance</li><li>The company lowered its sales guidance from 17.063bn yen to 16.305bn yen (+34.6% YoY)</li></ul>

2Q OP guidance of 1.160bn yen, first quarterly positive OP under the pandemicOn February 21, Koshidaka Holdings (2157, the company) announced a revision to its 1H FY8/22 (Sep. 2021-Feb. 2022) guidanceThe company lowered its sales guidance from 17.063bn yen to 16.305bn yen (+34.6% YoY)

Koshidaka Holdings (2157): 1H Guidance Revised

<ul><li>1Q (Sep-Nov) sales of 6.371bn yen, 37% of the company’s 1H guidance, may seem low at first glance, but were above the company's target for the 1Q</li><li>1Q OP of -1.130bn yen was around 0.9bn yen above the company's 1Q forecast. The company had expected a loss of nearly 2bn yen for 1Q</li><li>1Q RP of -196m yen includes 936m yen in subsidy income. The company's policy is to book subsidy income on a payment basis</li></ul>

1Q (Sep-Nov) sales of 6.371bn yen, 37% of the company’s 1H guidance, may seem low at first glance, but were above the company's target for the 1Q1Q OP of -1.130bn yen was around 0.9bn yen above the company's 1Q forecast. The company had expected a loss of nearly 2bn yen for 1Q1Q RP of -196m yen includes 936m yen in subsidy income. The company's policy is to book subsidy income on a payment basis

Koshidaka Holdings (2157): Takeaways from Our Post-Earnings Interview

Japan

KOSHIDAKA HOLDINGS Co.,LTD. mainly operates karaoke rooms, restaurants with karaoke facility, and circuit training gym exclusively for female called "Curves."

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Koshidaka Holdings (2157 JP)

Koshidaka Holdings (2157) - Monday, Jun 17, 2024

Affordable pricing, BYO food and drinks policy, and improved ordering system make them well-positioned to capture more market share

Value Investors Club

Koshidaka Holdings (2157): 1H OP Turns to Positive; Significant Store Expansion

On April 13, Koshida Holdings (2157, the company) announced 1H FY8/22 sales of 16.533bn yen (+36.5% YoY), OP of 275m yen (-2.644bn yen loss in 1H...

Mita Securities

Koshidaka Holdings (2157): Announced Capital and Business Alliance with Advantage Advisors

Targeting long-term growth by leveraging external funds and talents Selecting a financing scheme that is unlikely to weigh on the stock...

Mita Securities

Koshidaka Holdings (2157): 1H Guidance Revised

2Q OP guidance of 1.160bn yen, first quarterly positive OP under the pandemic. On February 21, Koshidaka Holdings (2157, the company) announced a...

Mita Securities

Koshidaka Holdings (2157): Takeaways from Our Post-Earnings Interview

1Q (Sep-Nov) sales of 6.371bn yen, 37% of the company’s 1H guidance, may seem low at first glance, but were above the company's target for the 1Q

Mita Securities

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