Japan Specialist

Mark Chadwick

Equity Bottom-Up

<ul>
<li>Takuma presents an undervalued investment opportunity with strong financials, and a robust balance sheet. The focus on environmental solutions position it to capitalize on the demand for carbon neutrality.</li>
<li>The recent involvement of AVI Japan as activist investors adds an exciting catalyst to Takuma's investment case. We expect AVI to work with management to unlock further value.</li>
<li>Takuma's management is targeting enhanced profitability by transitioning from a more volatile EPC model to a recurring revenue-driven approach centred on O&amp;M. Attractive valuations underpin our bullish view.</li>
</ul>


Takuma presents an undervalued investment opportunity with strong financials, and a robust balance sheet. The focus on environmental solutions position it to capitalize on the demand for carbon neutrality.
The recent involvement of AVI Japan as activist investors adds an exciting catalyst to Takuma's investment case. We expect AVI to work with management to unlock further value.
Takuma's management is targeting enhanced profitability by transitioning from a more volatile EPC model to a recurring revenue-driven approach centred on O&amp;M. Attractive valuations underpin our bullish view.


Takuma (6031) | AVI to Turn Waste into Wealth

Japan

TAKUMA CO., LTD. designs, constructs, operates, and maintains environmental facilities such as waste incinerator and water treatment plants.  The Company also manufactures industrial machinery such as boilers, gas turbines and air-conditioning equipment.  Additionally, Takuma operates real estate businesses.

Takuma Co Ltd (6013 JP)

Takuma (6031) | AVI to Turn Waste into Wealth

With a strong underlying business, impressive financials, and a positive future outlook, Takuma presents a strong investment opportunity that...

Mark Chadwick