(please note that the tables in the report are available to the clients) Happinet Corp (HC) is a leading intermediary distributor for toys, DVDs, Blu-Ray discs, CDs, videogames, and products for amusement facilities. The company buys goods from makers and distributes them to retailers, managing inventories and handling orders/shipments. Segments comprise Toys (42.8% of sales …
A peace deal between Russia and Ukraine could provide significant benefits for Europe in several areas: -Stability and Security: A ceasefire would lower regional tensions and foster a more stable security environment in Eastern Europe. -Economic Benefits: Ending the conflict could lead to the lifting of sanctions on Russia, reviving trade and economic relations between …
Yuka’s Weekend Whispers 3/15/25: Tapping European Recovery via Japanese Stocks Read More »
On March 7, 2024, it was announced that Varecs, a Japan-based activist investor, increased its ownership in Medikit (7749) by 1.47%, bringing their total stake to 14.17%. This development piqued my interest in understanding—and learning to emulate—what Varecs values in the companies they invest in. After all, imitation is the sincerest form of flattery. Below …
Yuka’s Weekend Whisper 3/8/25: Top 6 holdings of Varecs, a Japan-based activist investor Read More »
Wakamoto Pharma 4512 There has been notable investor activity surrounding Wakamoto Pharma recently. On February 27, 2025, it was revealed that Asset Value Investors, a UK-based activist investor, had acquired over 6% ownership in Wakamoto. Earlier, on February 6, 2025, the company announced that Rhoto (4527) had become its largest shareholder, increasing its stake from …
Yuka’s weekend whisper: Asset Value buys Wakamoto Read More »
The recent road collapse incident in Yashio City, Saitama Prefecture, is believed to have been caused by a broken sewer pipe. In Japan, there are about 490,000 kilometers of sewer pipelines buried under roads for water supply and drainage. As of 2022, approximately 30,000 kilometers of these pipes have exceeded their standard lifespan of 50 …
*Symphony Financial Partners (Singapore) Pte Ltd This note is my attempt to see 1) what motivates Symphony to invest in Oyo and 2) if there is more upside to Oyo stock. Symphony’s Oyo shareholdings: On 11/8/21, it was reported that Symphony initiated a holding of 5.75% in 5/21. The VC’s holdings have fluctuated since then …
Oyo Corp (9755): What is Symphony* seeing in this geometry survey company? Read More »
*Fuji TV: a subsidiary of Fuji Media Holdings (4676) Imagine this: a major Japanese TV network, Fuji TV, goes two full months without airing a single commercial. It sounds unthinkable, but that’s exactly what’s happening. Over 80 advertisers have pulled their commercials in response to a scandal involving unwanted advances and the questionable use of …
The Real Impact of the Fuji TV* Scandal: A Broadcast Bombshel Read More »
While Covid-19 caused significant human suffering, it also unexpectedly boosted certain industries. The medical testing sector, particularly for Covid test kits, experienced substantial market growth during the pandemic. One of the key players in testing markets is Tauns with a market cap of Y63 Bn (yes, small but please read on), PE 10x, and ROE …
Tauns Laboratories (197A): One of the rare 2024 IPOs which have gone up Read More »
Auto OEMs are not the only way to benefit from the resurgence in interest in Japanese autos. There is a cheaper auto distribution company with higher operating growth prospect: Zero. Its major customer is Nissan, although Nissan’s importance is consistently declining. Thus, Zero can be an indirect beneficiary of the Nissan/Honda tie-up. Zero is an …
In 2024, the “Distribution and Net Banking” industry* experienced the highest growth, with an impressive appreciation rate of 91.28%** as of 12/19/24. Am I the only one surprised by this data? I regret not foreseeing this trend and missing out on writing on the industry. The 2nd performer is a no surprise – “Electric Wires …