🇯🇵 JAPAN • Results & Revisions 11/​​​​​​​​​​​​​​​​​​​​​​​​​10 - Shiseido, FUJIFILM, Otsuka, Persol
• BEST & WORST • Tuesday's best and worst pairing is Takara Bio (4974 JP) and staffing agency Persol (2181 JP)......................
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The Market Is Yet to Price Fancl’s China Expansion
Fancl’s second-quarter revenue and operating income fell short of consensus estimates by 0.3% and 14.5%, respectively, but 1HFY21 revenue was...
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Japan Cosmetics Pair Trade: Long Fancl/Short Kose
As the earnings season approaches, we suggest that investors consider closing the Long Kose/Short Shiseido trade and reversing the same, but this...
292 Views
Toyota – Topping the Nikkei’s ESG Survey and an Indicator of Labour Reform?
Toyota's efforts to reform labour policies bear watching as Japan's change of government and response to COVID's impact on workplaces offer a...
269 Views
Japanese Cosmetics Stats: Absent Inbound Demand Pauses Domestic Recovery, Exports Grow Double-Digits
Japan’s cosmetics exports to main countries grew 23% year-on-year during the July-August period compared to 4.5% in 2Q20.
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