Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Our report is an authoritative Owner’s Manual on the company.
- A vital piece in the investor’s toolbox, our report allows you to uncover the essence of the business
- We pinpoint strengths and weaknesses; discuss strategy
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We offer our research as a service for Japanese corporates.
- Our in-depth reports allow them to better inform investors by presenting an unbiased third-party view of business fundamentals
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We start our coverage with a substantial core report.
- We continuously update this report to reflect earnings, news flow, and any material developments
- We thoroughly interview management on a quarterly basis

Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>Revenue reached JPY89.1bn (+18.3% YoY), with domestic business at JPY80.0bn (+20.9% YoY) and China business at JPY9.1bn (-0.8% YoY).</li><li>Operating profit increased 106.4% YoY to JPY21.1bn, with a cost of revenue ratio decline of 5.8pp to 48.5%.</li><li>Prescription Kampo formulations revenue was JPY77.1bn (+21.0% YoY), with a 21.6% drug price increase from April 2024 revision.</li></ul>

Revenue reached JPY89.1bn (+18.3% YoY), with domestic business at JPY80.0bn (+20.9% YoY) and China business at JPY9.1bn (-0.8% YoY).Operating profit increased 106.4% YoY to JPY21.1bn, with a cost of revenue ratio decline of 5.8pp to 48.5%.Prescription Kampo formulations revenue was JPY77.1bn (+21.0% YoY), with a 21.6% drug price increase from April 2024 revision.

Tsumura & Co (4540 JP): 1H FY03/25 flash update