Some investors, myself included, place strong value on same-store sales* as they offer a clear, unbiased measure of a company’s core performance and growth potential—independent of expansion efforts. *Same-store sales —also known as comparable-store sales or comps—is a financial metric used by retail companies to measure the revenue growth of stores that have been open …
Defense stocks have already seen significant gains, with valuations now looking stretched. The key question is whether there’s still room for further upside. Recently, NATO announced a policy urging each member country to allocate at least 5% of their GDP to defense budgets as a response to evolving global security challenges. This represents a significant …
Japan’s 5% GDP Defense Spending Target: Will It Happen—and Which Stocks Could Benefit? Read More »
Shikiho offers a compelling method for spotting emerging stars by analyzing consensus ratings. Many investors are skeptical of analyst ratings, often questioning their objectivity. However, in a turbulent market, one effective way to spot stocks gaining genuine momentum is to focus on those with consistently improving consensus ratings. Rather than relying on current high ratings—which …
Yuka’s screening series: Uncover “emerging favorites” through Consensus Ratings Read More »
The peer comparison table in the report available to my clients indicates that these software and application stocks are performing well under the digital transformation (DX) theme. I’m focusing on Cybozu, as it has strong potential to continue delivering robust OP growth. I recently spoke with the company to discuss their strategy for boosting OP. …
Cybozu Inc (4776): Driving Digital Transformation with No-Code Agility—All Without Debt Read More »
MIC (300A) is a company that supports promotional activities for drugstores and manufacturers. Although it was newly listed in12/24, the company has been around since 1971. Originally a printing company, MIC has evolved into a fully integrated provider of promotional solutions, handling everything from planning to production. In response to the shift toward paperless systems, …
MIC 300A – Optimizing Retail Operations: The Science of Saving Money Read More »
The “Net Cash Ratio” approach was created by the legendary fund manager Tatsuro Kiyohara who has achieved an astonishing 93-fold performance over 25 years since launching the core fund at Tower Investment Management in 1998. Mr. Kiyohara’s Net Cash Ratio approach focuses on identifying undervalued small-cap growth stocks by assessing their net cash ratio, which …
As of 5/28/25, Asset Value Investors (AVI) owned 14.13% (up 1.32%) of Synchro, right after increasing their holdings by 1.5% to 12.81% on 5/23. As of 5/15/25, LIM Advisors (LIM) raised their Synchro holdings to 13.48% What are these two savvy investors seeing in this food service matching service provider? With FY3/26 PE at 32X …
Synchro Food (3963): Why are LIM and AVI betting on food matching service? Read More »
The screening generated a list of 27 companies. Notable facts: 1) OPM of these companies remain low. 2) Many are in the industries such as leasing, home centers, and wholesalers. 3) There may be overlooked investment opportunities, such as Nagase’s involvement in AI. If all players in an industry struggle with low profitability, it suggests …
From Yuka: Screening series -10 Straight Years of Dividend Growth, Yet PB below 1 Read More »
Summary Recent U.S. tariffs—25% on imported vehicles and auto parts—pose a significant challenge for Japanese automakers, threatening profits and market share in the U.S.. However, the First Sale Rule offers a legal avenue to mitigate some of these impacts by reducing the dutiable value of imports, potentially softening the blow for Japanese exporters. First Sale …
I wrote this note in early May but never sent it out. However, this commodity stock may appeal to more investors than I initially expected. So here is the brief summary of my note. The full note is available to my clients. Interested? Please let me know! The stock has two drivers: 1) Reduction in …