Research from Asian Century Stocks, Asian Century Stocks

Michael Fritzell

Research from Asian Century Stocks

Providing financial journalism in the Asia-Pacific

Asian Century Stocks

Asian Century Stocks is a newsletter providing financial journalism for companies and stocks in the Asia-Pacific. 
The Asian Century Stocks logotype “百” stands for “one hundred” or a “century”. The economic centre of gravity is moving towards Asia. Yet most global investors are missing out.

Equity Bottom-Up

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I’m fascinated by the market for second-hand goods.
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eBay has existed for many decades, but it was only with the smartphone that the market took off.
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With a smartphone, you could snap a photo of your item and post it online within minutes. 
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I’m fascinated by the market for second-hand goods.


eBay has existed for many decades, but it was only with the smartphone that the market took off.


With a smartphone, you could snap a photo of your item and post it online within minutes. 



Mercari (4385 JP): Japan’s Leading C2C Trading App at 14x P/E with Margin Uplift Potential

Japan/Asia Long-Short, LightStream Research

Mio Kato

Japan/Asia Long-Short

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Capital Markets

As we approach the Jun 19 listing for <a href="https://www.smartkarma.com/entities/27149" target="_blank" data-smartkarma-citation="entities:27149:1">Mercari Inc (4385 JP)</a> news coverage is picking up with the Nikkei in particular providing coverage in <a href="https://asia.nikkei.com/Business/Companies/Mercari-builds-buzz-beyond-flea-market-apps" target="_blank">English</a> and Japanese <a href="https://www.nikkei.com/nkd/company/article/?DisplayType=1&amp;n_cid=DSMMAA13&amp;ng=DGKKZO31573110Y8A600C1TJC000&amp;nik_code=0041815" target="_blank">1</a><a href="https://www.nikkei.com/nkd/company/article/?DisplayType=1&amp;n_cid=DSMMAA13&amp;ng=DGXMZO31533070Y8A600C1000000&amp;nik_code=0041815" target="_blank">2</a>. The main focus of these interviews with founder Shintarou Yamada have been on the additional growth areas Mercari could venture into including smartphone payments, AI usage for improving customer convenience/experience, and the potential global market scale. On the latter, the figures that are being bandied about include JPY7.6trn in…

As we approach the Jun 19 listing for Mercari Inc (4385 JP) news coverage is picking up with the Nikkei in particular providing coverage in English and Japanese 12. The main focus of these interviews with founder Shintarou Yamada have been on the additional growth areas Mercari could venture into including smartphone payments, AI usage for improving customer convenience/experience, and the potential global market scale. On the latter, the figures that are being bandied about include JPY7.6trn in…

Mercari: Future Growth Path and Potential M&A Targets?

Japan

Treasure Factory Co.,Ltd. operates recycle shops.  The Company purchases and sells used electric appliances, furniture, clothing, and household items. Treasure Factory operates a recycle store on line as well.

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Treasure Factory (3093 JP)

Mercari (4385 JP): Japan’s Leading C2C Trading App at 14x P/E with Margin Uplift Potential

I’m fascinated by the market for second-hand goods. eBay has existed for many decades, but it was only with the smartphone that the market took off.

Asian Century Stocks

Mercari: Future Growth Path and Potential M&A Targets?

As we approach the Jun 19 listing for Mercari Inc (4385 JP) news coverage is picking up with the Nikkei in particular providing coverage in English...

Mio Kato

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