In this briefing:
- Smartkarma’s Week that Was in JP/KR: Nexon, Rakuten, POSCO and Samsung Electronics
- Japan Tobacco: No Dire Consequences Despite Late Entry to Heated Tobacco
1. Smartkarma’s Week that Was in JP/KR: Nexon, Rakuten, POSCO and Samsung Electronics
Below is the list of the Japan/Korea-related posts put on the Smartkarma platform during the week of March 4th:
Insight | Insight Provider | Published |
Japan | ||
4/3/2019 | ||
4/3/2019 | ||
4/3/2019 | ||
4/3/2019 | ||
5/3/2019 | ||
5/3/2019 | ||
7/3/2019 | ||
7/3/2019 | ||
8/3/2019 | ||
8/3/2019 | ||
9/3/2019 | ||
9/3/2019 | ||
10/3/2019 | ||
10/3/2019 | ||
South Korea | ||
4/3/2019 | ||
5/3/2019 | ||
6/3/2019 | ||
6/3/2019 | ||
7/3/2019 | ||
7/3/2019 | ||
10/3/2019 | ||
2. Japan Tobacco: No Dire Consequences Despite Late Entry to Heated Tobacco
- Late entry to Japanese heated tobacco market resulted in Japan Tobacco (2914 JP) losing market share to peers
- New product launches to give Japan Tobacco a fighting chance against IQOS
- Early maturity of heated tobacco in Japan: a blessing in disguise for Japan Tobacco
- Pricing power is expected to be back on track in future
- PloomTECH will soon be ready to compete with IQOS at a global level
- More product offerings targeting different customer needs in reduced risk products category
- International segment volume growth driven by global flagship brands and acquisitions
- Market unjustly penalising Japan Tobacco for the early maturity of heated tobacco segment
- Transformation of dividend yield from industry worst to industry best
- Undervalued at 10.09x EV/Forward EBIT: DCF target price yields 21.8% upside
Get Straight to the Source on Smartkarma
Smartkarma supports the world’s leading investors with high-quality, timely, and actionable Insights. Subscribe now for unlimited access, or request a demo below.
