Japan's Aggregate OP up 3% in the First Part of 3Q Earnings Season.....

Doing bespoke work since 2002....., Custom Products Group

Patrick Hansen

Doing bespoke work since 2002.....

Custom Products Group

Custom Products was started 14 years ago at Lehman Brothers by current co-founder Patrick Hansen, CFA. After 3 years at Lehman, Patrick moved the team to Macquarie Securities where Simon Rigney (co-founder) joined. 3 years ago we took Custom Products independent. 

Our core strength can be summed up three words. 1- Customization - we have very little off the shelf products and most work is done on a one on one bespoke basis. 2- Speed - We pride ourselves in our ability to get requests back to the client very quickly. 3- Confidentiality - We do not redistribute. There is no grace period where we wait a week and then mass blast. Any request stops with that client.

Thematic (Sector/Industry)

<p>With approx 280 names (mkt-cap above ¥50bn) announcing earnings before Golden Week, the overall picture is starting to form up. Currently FY3/17 aggregate Sales are down 3%, OP is down 7% and Net Income is up 5%. However if we look at new Company guidance for FY3/18, aggregate Sales is expected to grow 3.4%, OP is expected to be up 4% and Net Income is expected to grow 10%.  </p><h2> Full-year Aggregate Sector Results</h2><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/025/480/original/1.png?1493843086" class="editor-image img-responsive" data-smartkarma-image-id="25480"></figure><div class="content-caption">Source: Custom Products</div><p>Looking at new guidance for FY3/18 at the Sector level…</p>

With approx 280 names (mkt-cap above ¥50bn) announcing earnings before Golden Week, the overall picture is starting to form up. Currently FY3/17 aggregate Sales are down 3%, OP is down 7% and Net Income is up 5%. However if we look at new Company guidance for FY3/18, aggregate Sales is expected to grow 3.4%, OP is expected to be up 4% and Net Income is expected to grow 10%.   Full-year Aggregate Sector ResultsSource: Custom ProductsLooking at new guidance for FY3/18 at the Sector level…

Aggregate Japan OP Currently Down 7%, However New FY3/18 OP Expected to Increase 4%....