Nitori (9843.T) - Headwinds to Tailwinds -Cleaning House
Company will benefit from strong JPY as importing majority of products, redesigning portfolio for profitability at weaker yen levels.
230 Views
MUFG Cross-Shareholding - At Least US$20bn of Cross-Shareholding to Sell, Taking It Slow
Following up on our earlier cross-shareholding notes, in this note we look at MUFG (8306 JP)’s cross-shareholding. MUFG had a stake of over US$100m...
643 Views
Kioxia IPO - Should Price at the Top, Though Peers Are Still Correcting
Kioxia Holdings (285A JP) is aiming to raise around US$840m (including over-allocation) in its Japan IPO. In this note, we talk about the IPO pricing.
537 Views
Japan Post Holdings - Guidance Continues to Underwhelm
Company's H1 results show improvement, but no guidance raise for FY; Financial subsidiaries gain from interest rate increases but holding company...
233 Views
Jafco- Recent Results Highlight the Upside Case Going Forward
Recent IPO exits show strong returns , highlighting value in their portfolio. Capital management improved with interim dividends and stock...
241 Views