Research from Mita Securities, Mita Securities

Mita Securities

Mita Securities provides a full scale diversified investment banking and financial services. A comprehensive investment banking department, specializes in rights offerings advisory, take-over bids agents, M&A etc. Including a proprietary trading desk, and wealth management department that offers brokerage, custody, real estate, and full proxy services.

Research from Mita Securities

Equity Bottom-Up

<ul><li>Koshidaka HD is a major karaoke room operator that operates “Karaoke Manekineko” stores nationwide. The total number of stores as of the end of August 2021 was 563</li><li>In March 2020, it spun off the Curves business and is concentrating its management resources on the karaoke business</li><li>Reiterate Buy with a new target price of 820 yen</li></ul>

Koshidaka HD is a major karaoke room operator that operates “Karaoke Manekineko” stores nationwide. The total number of stores as of the end of August 2021 was 563In March 2020, it spun off the Curves business and is concentrating its management resources on the karaoke businessReiterate Buy with a new target price of 820 yen

Koshidaka Holdings (2157): Back to Normal Business, Raising Target Price