Silver Life (“Silver” or the company) is the franchisor/operator of a meal delivery service exclusively for the elderly. Its core business is to ship prepacked foods prepared by their own factories to the franchisees. 1. Investment thesis 1) A stable subsector in a growing senior care sector As baby boomers age, the late stage elderly …
Silver Life Co., Ltd. (9262) – To make sure that the elderly will eat Read More »
Backgrounds: I am currently in Japan, after waiting for 3.5 years for easing Covid related travel restrictions. It is quite shocking to witness a rapid speed at which Japan and my parents have aged. Everywhere, I see verbal warnings and physical accommodations for the elderly. An increasing share of the older folks vs. the working …
Tsuburaya (“TFH” or the company) engages in distributions of Pachinko/Pachislot machines. It was created after Fields Corporation, a Pachinko/Pachislot machine manufacturer, acquired 51% of Tsuburaya Productions, a content creator in 4/20. TFH conducts its operations through three entities. 1) Tsuburaya Productions plans and produces movies and television programs such as Ultraman. It also earns licensing revenues. …
Tsuburaya Field Holdings (2767) – Ultraman to the rescue Read More »
The company (“MC” or the company) is the first company which industrialized and commercialized microwave chemical process in the world. The company has chosen not to be specialized in one industry/product segment, but to rather differentiate itself as a “promoter of microwave technology platform” and “a partner with many commercial partners. What is Microwave? A …
Microwave Chemical (9227) – A Familiar, but New Low Decarbonization Tech Read More »
Hybrid Technologies (“Hybrid” or the “company”) supports digital transformation implementation at client companies by providing a range of services starting planning through execution. It provides this one stop services seamlessly via a hybrid of “Japan – Vietnam” team; 1) Hybrid Technologies in Japan mainly handles upstream processes such as service and system design engineers, AND …
Hybrid Technologies (4260) – Solution to the engineer shortage in Japan Read More »
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 »