Japan Experts, Extraordinary Performance, Astris Advisory Japan

Astris Advisory Japan

Japan Experts, Extraordinary Performance

Our Corporate Advisory service is designed to give clients access to a wider range of investors. These include Japan specialists as well as global investors. The goal is to help achieve a fair equity valuation.

Equity Bottom-Up

JTEC Corporation of Osaka manufactures bio-technology systems and equipment. The Company produces life science devices, x ray mirrors, and automated cell culture systems. JTEC also develops pharmaceutical products. JTEC serves clients in Japan.

<ul><li>A soft start – Q1 FY6/26 results were relatively soft, with sales flat and OP still in negative territory.</li><li>This reflects the seasonally weak nature of Q1 and continued spending on R&amp;D.</li><li>The Optical segment remained strong, supported by resilient global demand, while the Life Science &amp; Equipment Development segment continued to progress, driven by consumables, maintenance services, and semiconductor equipment currently in the testing stage. </li></ul>

A soft start – Q1 FY6/26 results were relatively soft, with sales flat and OP still in negative territory.This reflects the seasonally weak nature of Q1 and continued spending on R&amp;D.The Optical segment remained strong, supported by resilient global demand, while the Life Science &amp; Equipment Development segment continued to progress, driven by consumables, maintenance services, and semiconductor equipment currently in the testing stage. 

JTEC Corp (3446 JP) - Strength in Optical Remains, Progress in Semiconductor

ITOKI CORPORATION manufactures office furniture and equipment.  The Company also produces home furniture such as work/study desks and dining sets.  Itoki focuses on the development of its mechatronic products, including automatic sorters and automated warehouses.

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<li>Structural demand meets sustained value creation – The role of the office is undergoing a structural shift—driven by talent attraction, hybrid work, wellness, and technology.</li>
<li>As a key domestic player in office design and furniture, we believe Itoki is well-positioned to benefit from this structural theme.</li>
<li>Post-COVID demand momentum remains steady, supported by rising investment in human capital, persistent labour shortages, and limited new office supply. </li>
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Structural demand meets sustained value creation – The role of the office is undergoing a structural shift—driven by talent attraction, hybrid work, wellness, and technology.
As a key domestic player in office design and furniture, we believe Itoki is well-positioned to benefit from this structural theme.
Post-COVID demand momentum remains steady, supported by rising investment in human capital, persistent labour shortages, and limited new office supply. 


Itoki (7972 JP) - Capturing Structural Growth in the Future of Work

IR & Research Intelligence, Sessa Investment Research

Sessa Investment Research

IR & Research Intelligence

Sponsored research focusing on Japanese small cap.

geechs inc. provides human resource agency services for IT freelance. The Company offers IT freelance matching with companies that have needs for system development of services and products. geechs also provides training services for IT freelance.

<ul><li>On November 13, Geechs Inc. (hereafter, "the Company") announced its Q2 FY2026/3 (Jul-Sep) earnings results.</li><li>Net sales rose 2.5% YoY to JPY 6,518 mn, EBITDA rose 86% YoY to JPY 278 mn, and operating profit rose 124.9% YoY to JPY 253 mn.</li><li>In addition to steady expansion of the core Japan IT Human Resources Matching Business (hereafter, "Japan IT HRM Biz"), faster-than-expected profitability in the IT Human Resources Matching Business, Overseas (hereafter, "Overseas IT HRM Biz") and stronger-than-planned growth in the Seed Tech business contributed to results. </li></ul>

On November 13, Geechs Inc. (hereafter, "the Company") announced its Q2 FY2026/3 (Jul-Sep) earnings results.Net sales rose 2.5% YoY to JPY 6,518 mn, EBITDA rose 86% YoY to JPY 278 mn, and operating profit rose 124.9% YoY to JPY 253 mn.In addition to steady expansion of the core Japan IT Human Resources Matching Business (hereafter, "Japan IT HRM Biz"), faster-than-expected profitability in the IT Human Resources Matching Business, Overseas (hereafter, "Overseas IT HRM Biz") and stronger-than-planned growth in the Seed Tech business contributed to results. 

Geechs (7060 Jp) - Q2 Follow-Up: November 28, 2025

TSUBAKIMOTO KOGYO CO., LTD. is a wholesaler of machinery, equipment, and parts, most of which are produced by Tsubakimoto Chain and Mitsubishi Heavy Industries. The Company primarily distributes transmission equipment and industry materials. Tsubakimoto Kogyo also handles factory automation equipment/systems including robots and control systems.

<ul><li>Tsubakimoto Kogyo Co., Ltd. (hereafter, the Company) announced H1 FY2026/3 results on October 31, 2025.</li><li>The Company worked through its large order backlog and delivered results in line with its plan, recording double-digit growth in both net sales and profit.</li><li>Although orders for China declined due to the absence of large projects and Nissan Motor’s production restructuring, this was offset by stronger demand for labor- saving equipment and other equipment-related products, allowing the Company to maintain order levels roughly the same level as the previous year, which SIR views positively.</li></ul>

Tsubakimoto Kogyo Co., Ltd. (hereafter, the Company) announced H1 FY2026/3 results on October 31, 2025.The Company worked through its large order backlog and delivered results in line with its plan, recording double-digit growth in both net sales and profit.Although orders for China declined due to the absence of large projects and Nissan Motor’s production restructuring, this was offset by stronger demand for labor- saving equipment and other equipment-related products, allowing the Company to maintain order levels roughly the same level as the previous year, which SIR views positively.

Tsubakimoto Kogyo (8052 JP) - Q2 Follow-Up

Smartkarma AI, Smartkarma

αSK

Smartkarma AI

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Isamu Paint Co., Ltd. manufactures and sells a variety of paint products.  The Company's products include synthetic resin paints, paint removers, lacquers, and touch up paints for automobiles.

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  <li>
<a href="https://smartkarma.com/entities/isamu-paint-co-ltd">Isamu Paint</a> is a specialized Japanese manufacturer with a primary focus on high-quality automotive refinish paints, complemented by industrial and architectural coatings.</li>
  <li>The company exhibits solid financial health, characterized by consistent revenue and net income growth over the past three years, alongside a strong balance sheet indicated by a high resilience score.</li>
  <li>Valuation appears attractive, with the company trading at a significant discount to its larger peers on key metrics like P/E and EV/EBITDA, suggesting a potential value opportunity for investors.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  
Isamu Paint is a specialized Japanese manufacturer with a primary focus on high-quality automotive refinish paints, complemented by industrial and architectural coatings.
  The company exhibits solid financial health, characterized by consistent revenue and net income growth over the past three years, alongside a strong balance sheet indicated by a high resilience score.
  Valuation appears attractive, with the company trading at a significant discount to its larger peers on key metrics like P/E and EV/EBITDA, suggesting a potential value opportunity for investors.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.