The Japanese collectively spend ¥165 Bn annually on learning English. Despite this investment, their English proficiency ranks 87th in the world and 15th among the 23 Asian countries and regions (by a 2023 survey by the Swiss international education company EF Education First). In fact, Japan’s ranking has kept decreasing since 2011. This discrepancy suggests …
PROGRIT (9560): A New Hope for Japan’s English Learners Read More »
This brief snapshot is intended to alert you to an upcoming IPO that I believe is quite interesting. While it’s true that only 10% of Japanese IPOs trade higher than their IPO prices a few years after listing, I believe Timee has potential and deserves a spot on your secondary watch list. Timee operates a …
Timee Inc. (215A) ¥100 Bn IPO on 7/26/24: For your secondary watch list. Read More »
RS Technologies (3445): Less cyclical semi-stock with solid sales performance (Sales 10x in 10 years). But PE at 12.6x and many initiatives to correct them. RS Technologies (RST or the company), founded based on the wafer recycle business of Rasa Industries (4022) in 2010, is a global leader in wafer reclaiming with a …
Founded in 1947, ESPEC Corp. (“Espec” or the “company”) developed and launched Japan’s first environmental test equipment in 1961 (63 years of history). While small with ¥76 Bn in market cap, Espec dominates the environmental test industry in Japan with a 60% domestic market share. Its global market share has also reached 30% (according to …