Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Small Cap Growth: Kaonavi (4435) – Turning Talent into Teams

Small Cap Growth – Kaonavi (4435) - Talent Factory

Chatwork: Profitability Remains a Concern Despite Good Revenue Potential

Chatwork IPO: Good Revenue Growth Potential but Limited Room for Margin Expansion

Equity Bottom-Up

<ul style="list-style-type: disc;" role="list">
<li role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" aria-setsize="-1" data-aria-posinset="1" data-aria-level="1"><a href="https://www.smartkarma.com/entities/chatwork-co-ltd" target="_blank" data-smartkarma-citation="entities:28295:1" rel="noopener">Chatwork Co Ltd (4448 JP)</a>  is Japan’s leading business chat app provider with a ¥50bn market capitalization.  </li>
<li role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">With 35% topline growth, the company's future lies in conquering the SME market and then using that as a platform to launch additional value-added services.  </li>
<li role="listitem" data-leveltext="" data-font="Symbol" data-listid="1" aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">Chatwork dominates within the SME chat market and competes head to head with <a href="https://www.smartkarma.com/entities/slack-technologies-inc" target="_blank" data-smartkarma-citation="entities:27904:1" rel="noopener">Slack Technologies Inc (WORK US)</a>  in Japan.  </li>
</ul>


Chatwork Co Ltd (4448 JP)  is Japan’s leading business chat app provider with a ¥50bn market capitalization.  
With 35% topline growth, the company's future lies in conquering the SME market and then using that as a platform to launch additional value-added services.  
Chatwork dominates within the SME chat market and competes head to head with Slack Technologies Inc (WORK US)  in Japan.  


Small Cap Growth: Chatwork (4448) – It’s Good to Chat.