Part of my differentiated edge stems from my network of Japanese retail investors, who provide continuous, ground‑level feedback on the names they trade. These stocks often perform strongly, but because many have a market cap of sub‑¥10–20bn, I have not included them in my formal coverage. Given the breadth of attractive opportunities in this segment, …
“Eastward bound: Largest-ever NATO envoy delegation to visit Japan” (Japan Times, April 12, 2026) reported that approximately 30 NATO ambassadors visited Japan for a historic three-day mission—the largest high-level delegation from NATO member states ever to visit the country. Although Japan is already one of NATO’s closest nonmember partners, the scale of this visit is …
A potential additional positive catalyst for Japan’s defense stocks Read More »
The company (Cap: Y90 B, Mitsui M) is similar to a capital allocator: very similar in behavior (though smaller scale) to firms like Orix Corporation or even an ultra mini version of SoftBank Group or Berkshire. The company: · Exited legacy coal to leave a highly volatile, anti‑SDGs business. This pivot was initiated by the …
Mitsui Matsushima (1518): A listed private equity vehicle in disguise Read More »
JINS (cap Y153 Bn) which I flagged on 4/5/26 announced its 1H results on 4/10/26. The results came in below the October forecast: Net sales (-2.4%), operating profit (-4.4%), ordinary profit (-3.9%), and net profit (-5.5%). Main reason: Weaker‑than‑expected performance in the domestic eyewear business, where certain products missed sales targets. Overseas operations, however, outperformed—China …
JINS (3046): Below guidance 1H FY8/26 results, but the stock is limit up (+18%). Read More »
Furuno is one of my shipbuilder picks, first reported on 10/31/25 and updated on 4/5/26. FY2/26 results: Revenue of ¥140.6 bn (+10.8% YoY) and operating profit of ¥16.246 bn (+23.3% YoY), supported by strong demand for new‑build vessel installations and solid replacement and maintenance activity for existing ships. The company raised its annual dividend by ¥10 to …
Furuno Electric (6814): Up 13% after reporting FY02/2026 results: Read More »
During my time in Japan, I managed to step on my glasses—so I had no choice but to get a new pair. I took it as a chance to try out JINS’ service. I had previously written about Japan Eyewear Holdings (JEH) back in 1/25 (note attached), which targets a more premium segment. You’ve probably …
Jins Holdings (3046): An anecdotal note for consideration Read More »
Shipbuilding and Maritime Infrastructure have emerged as a high-conviction thematic play. Driven by a historic shift in U.S. industrial policy and a massive “All-Japan” consolidation effort, the sector is transitioning from a cyclical laggard to a strategic growth industry powered by AI and green energy. 1.A primary catalyst for the sector is the aggressive revitalization …
A quick note on this relatively small ¥36 bn agri machinery company: it trades at just 0.48x P/B despite forecasting 42% operating profit growth for FY12/26—figures that were already in place before the recent developments that prompted me to write this brief update for my clients. For some investors, the size alone may keep it off …
Nagoya Bank surged 15%following its announcement of a basic agreement to integrate with Shizuoka Financial Group (5831) on 3/27/26. The proposed structure is a share exchange targeted for April 1, 2028, with Shizuoka FG becoming the parent and Nagoya Bank the subsidiary. This move formalizes a relationship that began in April 2022, when Shizuoka Bank …
Bank of Nagoya (8522): Who will be the next Nagoya Bank? Read More »
Torishima Pump (6363) — Water Scarcity as a New Secular Tailwind Japan is entering a phase of structural water stress, with major rivers running low, dams hitting 0% capacity, and water restrictions now active across 15 river systems. The root cause—historic low rainfall and persistent weather anomalies—suggests shortages will persist. Policymakers are accelerating investment in …
Torishima Pump (6363) — Water Scarcity as a New Secular Tailwind Read More »