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.

Z Holdings (4689) | PayPay Key to Fintech Growth

E-Commerce in Japan 2021-22: Another High Growth Year

Equity Bottom-Up

<ul>
<li>Z Holdings has the best ecosystem in Japan with 30% top line growth over the past year</li>
<li>We think that Z HD can out grow the competition in E-Commerce this year by leveraging group synergies</li>
<li>Z HD has earmarked an aggressive ¥35b to grow its Commerce Business this year </li>
</ul>


Z Holdings has the best ecosystem in Japan with 30% top line growth over the past year
We think that Z HD can out grow the competition in E-Commerce this year by leveraging group synergies
Z HD has earmarked an aggressive ¥35b to grow its Commerce Business this year 


Z Holdings (4689) | The Expanding Opportunity in E-Commerce

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Z Holdings (4689) | The Expanding Opportunity in E-Commerce