Month: February 2024

Takeuchi Mfg., Co., Ltd. (6432): How a debt free construction equipment maker is thriving globally?

Summary The company has grown globally by serving the niche area which the large construction equipment companies have not focused on. It enjoys a long run way, fueled by global urbanization. Furthermore , this growth comes with a great value preposition. The company’s net worth is 60% of its market cap. 1. Who is Takeuchi …

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Treasure Factory (3093) – 10 ways to create your treasures

Treasure Factory (3093) – 10 ways to create your treasures Note: Some excel tables could not be uploaded here.  If you are interested in numerical data of Treasure Factory, please visit my LinkedIn Group “Decoding Japanese Stock Anomalies” Summary Update: So far I have published reports on three Japanese reuse/discount retailers: Treasure Factory in (1/23), …

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Japanese CVS industry: my regret, retail media and a follow up to my earlier write-up “Dare I say, convenience stores in Japan not only survive but also flourish?

KDDI’s recent TOB (Tender Offer) for Lawson and NTT Docomo’s collaboration with Family Mart reveal that mobile carriers’ desire to expand their businesses by collaborating with convenience store chains. 1. KDDI KDDI plans to purchase all the shares of Lawson that are not owned by Mitsubishi, its parent company, and take it private in a …

Japanese CVS industry: my regret, retail media and a follow up to my earlier write-up “Dare I say, convenience stores in Japan not only survive but also flourish? Read More »