Applied Co. (TYO 3020): A Cash-Rich Japanese PC/HPC Company at ~1.5x EV/EBIT...
Applied Co is a small cap regional Japanese PC retailer and IT provider with surprisingly good execution that’s moving into higher margin local AI...
91 Views
MegaChips Corp (TYO 6875): Trades at ¥11,250 but Gets You ¥19,842 of After-Tax SiTime
MegaChips Corp (TYO 6875) is one of several companies in Japan with a large stake in a publicly listed company in the U.S. that dwarfs its own...
103 Views
Two Near Net-Net Japanese Electrical Contractors at ~3.5x EV/EBIT with Industry Tailwinds
n late May, Kinden Corp. (1944) announced a takeover of Kodensha (1948) at a massive premium. Kodensha was trading around ¥2,500 per share in late...
133 Views
Takasago Tekko (5458): A Profitable ¥3.3bn Nanocap near Net-Net
Takasago Tekko (TYO 5458) is practically a net-net (and is one if you include investments) trading at ~9.5x LTM earnings (7.7x NTM) and has rental...
143 Views
Nippon Carbon (5302): A 120 Year Old $350 Million Japanese Carbon Manufacturer Trading at 1x Book
Nippon Carbon (5302) is a specialty carbon materials manufacturer founded in 1915. It’s priced as a slow-growth industrial legacy play at roughly...
195 Views