JR West (9021 JP) Offering - Supply Vs Yutai+Passive Demand
JR West surprised the market with an equity offering last Wednesday. It is JPY 260bn or so at current price and represents more than 20% EPS...
380 Views
ECM Weekly (5th September 2021) - JR West, Kakaobank, Helen's, ANE, Weilong Snacks, NewMed
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
246 Views
West Japan Railway Placement - A Large, Unexpected Dilution
West Japan Railway Co (9021 JP) (JR West) is looking to raise up to US$2.7bn (including over-allocation) in its upcoming Japan follow-on offering.
354 Views
🇯🇵 JAPAN • The Post-COVID Rotation from Growth to Value Begins + 02/05 Results & Revisions Update
THE 2021 ROTATION BEGINS - For most of the last year, the Japanese equity market has been led by overvalued and overbought high-quality growth...
186 Views
🇯🇵 JAPAN • Results & Revisions 01/28 JPX, TEL, Fancl...
69% of companies had improved Results Scores, and 68% of annual revisions scored positively. Only 10% of companies posted quarterly losses.
309 Views