GEO Holdings Inc. (“GEO” or the “company”) started its first rental video shop in Toyota City, Nogoya, in 1986. Since then, it has expanded its store network through M&As, and operates mainly direct-run shops nationwide. It ranked 2nd in a rental video market after Tsutaya which operates franchisee networks. Due to a gradually decreasing media …
Sunwels (Sunwels or the “company”) is an operator of “PD House”, the assisted living facilities specialized in the care of patients with Parkinson’s disease (“PD”). PD House’s main service is rehabilitation programs but medical attentions are provided by visiting doctors and nurses. The PD House’s founding story itself speaks for the company’s strong commitment to …
Sunwels Co., Ltd. (9229) – Supports aging Japan in its unique way Read More »
CareNet, Inc. (“CN” or the “company”) was founded as Japan’s first medical TV station. But its main source of earnings is now “MRPlus*”, a pharmaceutical sales support site. It distributes pharmaceutical information from drug manufacturers to member doctors via MRPlus. Also engaged in the medial content service businesses. Distributes educational content targeted to doctors and …
SpiderPlus & Co. (“SP” or the “company”) is a provider of SPIDERPLUS, a cloud-based application for architectural drawings and construction site management. Note: Shared Research provides a detailed analysis on SPIDERPLUS as a product and as a company. Thus, in this report, I would like to focus on how we should assess management’s decision to expand …
SpiderPlus & Co.(Ticker 4192) – Productivity improvement which Japan needs Read More »
erex (“erex” and the “Company”) is a electricity retailer. It has entered into electricity sales for households after power retail market was liberalized in 4/2016 in Japan. The company has also expanded power procurement sources from other power generation companies to biomass power plants. Furthermore, it has entered into a joint venture with TEPCO Energy Partner* …
erex (Ticker 9517) – Power shortage? What’s power shortage? Read More »
Founded in 1959, SHiDax (“Shidax” or the “company”) is a major meal service provider and third party restaurant operator for schools, companies and public offices. Their business models are driven by three core segments: School lunch and the third party meal preparation outsourcing. Transportation outsourcing service such as school bus and limousine services. Management of …
SHiDax Corp.(Ticker 4837)– From Karaoke to Solutions to Japanese Issues Read More »
Defense stocks have been attracting global investors’ attention to reflect an increase in unrest both in Europe and Asia. Japan has been nervously watching China’s move re: Taiwan and North Korea’s missile emissions to the direction of Japanese Sea. In fact, North Korea has recently fired 8 missiles toward the direction of Japan, the most …
Pan Pacific International Holdings (“PPIH” or the “company”) is not a type of stock which www.JapaneseIPO.com typically chooses to write a report on. It is big and 16 analysts cover the stock, which indicates large institutional holdings. In fact, in 2021 annual report, CFO lamented the fact that PPIH’s retail investor holding is 1.6% which …
Who is W-Scope? W-Scope (“WS” or the “company”) focuses on manufacturing of separators for lithium-ion (Li-ion) secondary batteries. The company is founded in Yokohama in 2005 by president, Won-Kun Choi, a former employee of Samsung Electronics in South Korea. Its head office is in Tokyo, but development and manufacturing functions are in South Korea. The …
Kadokawa (“Kadokawa” or the “company”), founded as a publisher in 1940, has revamped its business categories in tandem with the shifting needs of the markets. The main thread is to grow its IP (intellectual Property) in a variety of forms, such as books, movies, animation, UGC (User Generated Content). 1. Investment Thesis 1. Some …
Kadokawa Corp.(Ticker 9648) – A new age high school and After a 16% share price drop Read More »