A New Era of Home Centre Consolidation Starts as DCM Buys Shimachu
Leading home centre group DCM announced it will acquire Shimachu, the seventh largest chain, in November. The move will catapult DCM back to the...
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Shimachu's Buyback Is Done But The Trade Is Not Done
In January this year, Shimachu Co Ltd (8184 JP) made an announcement of a buyback of up to ÂĄ10bn, buying back up to 4.2mm shares which was 9.9% of...
460 Views
Drug-Fuelled Marriages and Macho Shachos* in Japan
The Japanese drugstore sector has been consolidating fast for a decade led by Aeon's (8267 JP) Welcia subsidiary, Tsuruha Holdings (3391 JP) and...
1.1k Views
Joyful Honda: HUGE Buyback TOB - Not Meant For You, and Still Rich
The HistoryIn 2009, the private equity arm of Mitsubishi Corp (8058 JP) - called Marunouchi Capital - bought a 33.4% stake in Joyful Honda Co Ltd...
725 Views
Komeri (8218) Rare, Tariff-Proof Domestic Growth Idea at a Steep Discount
​Komeri is a rare, totally domestic operation with a huge runway for growth and trades at significant discount. The company aims to expand its...
742 Views