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Equity Analyst, LightStream Research

Chacko Jacob

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<h2><strong>Overview</strong></h2>
<p><a href="https://www.smartkarma.com/entities/7255" target="_blank" data-smartkarma-citation="entities:7255:1">Bookoff Corp (3313 JP)</a> is the largest chain of secondhand goods brick and mortar stores in Japan. The company was founded in 1991, shortly after the bubble burst and, for the next decade or so, benefitted from the change in spending habits of the population.</p>
<p>As of FY03/18, the company had 825 stores including about 10 in overseas locations. The company’s business is classified into two main segments, namely physical and online stores. The physical stores accounted for over 88% of sales…</p>

Overview
Bookoff Corp (3313 JP) is the largest chain of secondhand goods brick and mortar stores in Japan. The company was founded in 1991, shortly after the bubble burst and, for the next decade or so, benefitted from the change in spending habits of the population.
As of FY03/18, the company had 825 stores including about 10 in overseas locations. The company’s business is classified into two main segments, namely physical and online stores. The physical stores accounted for over 88% of sales…

Bookoff Corp (3313 JP): Closure of Flagship Store a Sign of Restructuring or the End of the Road?