Olympus Corp (7733 JP): Slow Start of FY24; Unfavorable Macro Backdrop Continues to Hurt Business
Q1FY24 revenue, operating profit, and profit from continuing operations represented 23%, 14%, and 12% of FY24 guidance, which calls for...
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Olympus Corp (7733 JP): FY23 Result Missed Expectation; Initiated Muted FY24 Forecast
Olympus’ FY23 revenue was slightly ahead of forecast, while operating and net profits missed guidance. FY24 performance is expected to be soft due...
308 Views
Socionext Placement - A US$1.8bn Cleanup, Will Have to Give up Some of Its 6x Listing Gains
Three shareholders of Socionext (6526 JP) aim to raise around US$1.8bn via selling shares in Socionext. In this note we talk about the deal...
654 Views
Socionext Lock-Up - Up 2.67x Since IPO. US$930m Worth of Shares to Be Unlocked
Socionext just launched a US$2bn secondary extended offering, with the Development Bank of Japan, Fujitsu, and Panasonic looking to selldown their...
940 Views
Rakuten Bank IPO - Lower Range Makes It Even More Attractive
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), aims to raise up to around US$630m in its Japan listing in April 2023.
719 Views