Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>In 1H FY03/26, sales increased 14.5% YoY to JPY79.3bn, with operating profit rising 2.8% YoY to JPY5.5bn.</li><li>Gross profit grew 15.0% YoY to JPY35.0bn, while SG&A expenses increased 17.6% YoY to JPY29.5bn.</li><li>The company had 921 domestic stores by end-Q2 FY03/26, with six openings and three closings in Japan.</li></ul>

In 1H FY03/26, sales increased 14.5% YoY to JPY79.3bn, with operating profit rising 2.8% YoY to JPY5.5bn.Gross profit grew 15.0% YoY to JPY35.0bn, while SG&A expenses increased 17.6% YoY to JPY29.5bn.The company had 921 domestic stores by end-Q2 FY03/26, with six openings and three closings in Japan.

Yellow Hat Ltd (9882 JP): 1H FY03/26 flash update

<ul><li>In Q1 FY03/26, Yellow Hat's sales increased 16.2% YoY to JPY40.3bn, with operating profit up 12.4% YoY.</li><li>The company opened four new Yellow Hat stores, resulting in a total of 919 domestic stores by end-Q1 FY03/26.</li><li>Sales for a segment decreased by 0.5% YoY to JPY1.4bn, with operating profit declining by 6.3% YoY.</li></ul>

In Q1 FY03/26, Yellow Hat's sales increased 16.2% YoY to JPY40.3bn, with operating profit up 12.4% YoY.The company opened four new Yellow Hat stores, resulting in a total of 919 domestic stores by end-Q1 FY03/26.Sales for a segment decreased by 0.5% YoY to JPY1.4bn, with operating profit declining by 6.3% YoY.

Yellow Hat Ltd (9882 JP): Q1 FY03/26 flash update

<ul><li>FY03/25 sales increased 5.1% YoY to JPY154.1bn, with operating profit up 6.7% YoY to JPY15.5bn.</li><li>Yellow Hat expanded sales of expendable auto parts and services, acquiring Y International Inc. for diversification.</li><li>FY03/26 projections: sales JPY170.0bn (+10.3% YoY), operating profit JPY15.9bn (+2.9% YoY), net income JPY11.4bn (+1.2% YoY).</li></ul>

FY03/25 sales increased 5.1% YoY to JPY154.1bn, with operating profit up 6.7% YoY to JPY15.5bn.Yellow Hat expanded sales of expendable auto parts and services, acquiring Y International Inc. for diversification.FY03/26 projections: sales JPY170.0bn (+10.3% YoY), operating profit JPY15.9bn (+2.9% YoY), net income JPY11.4bn (+1.2% YoY).

Yellow Hat Ltd (9882 JP): Full-year FY03/25 flash update

<ul><li>Yellow Hat's cumulative Q3 FY03/25 sales increased 4.9% YoY to JPY119.1bn, with operating profit up 9.6% YoY.</li><li>The medium-term plan targets FY03/28 revenue of JPY180.0bn, operating profit of JPY16.8bn, and net income of JPY11.8bn.</li><li>Planned investment of JPY33.0bn from FY03/26 to FY03/28 includes JPY28.0bn in capex and JPY5.0bn for M&A.</li></ul>

Yellow Hat's cumulative Q3 FY03/25 sales increased 4.9% YoY to JPY119.1bn, with operating profit up 9.6% YoY.The medium-term plan targets FY03/28 revenue of JPY180.0bn, operating profit of JPY16.8bn, and net income of JPY11.8bn.Planned investment of JPY33.0bn from FY03/26 to FY03/28 includes JPY28.0bn in capex and JPY5.0bn for M&A.

Yellow Hat Ltd (9882 JP): Q3 FY03/25 flash update

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in margin trading positions of JPX stocks as of Jul 4th. The aggregated net margin trading position is USD17,017m.</li>
<li>We tabulate league tables for top/bottom net long/short of margin trading by value, net margin buy as multiple of ADT.</li>
<li>We highlight net margin buy/sell changes in Sanrio, Lasertec, Ntt Data, Ihi, Mitsubishi Heavy Industries, Softbank, Disco, Kawasaki Heavy Industries, Advantest, Mitsubishi Ufj Financial.</li>
</ul>


We analyzed the changes in margin trading positions of JPX stocks as of Jul 4th. The aggregated net margin trading position is USD17,017m.
We tabulate league tables for top/bottom net long/short of margin trading by value, net margin buy as multiple of ADT.
We highlight net margin buy/sell changes in Sanrio, Lasertec, Ntt Data, Ihi, Mitsubishi Heavy Industries, Softbank, Disco, Kawasaki Heavy Industries, Advantest, Mitsubishi Ufj Financial.


JPX Margin Trading Weekly (Jul 4th): Sanrio, Lasertec, Ntt Data, Ihi, Mitsubishi Heavy Industries

Japan

Yellow Hat Ltd. operates specialty retail store chain of automotive related products throughout Japan.  The Company mainly wholesales merchandizes to franchise stores and also operates directly-run stores.  Yellow Hat sells tires, wheels, audio car audio & visual systems, car wash and chemical products, and car interior and exterior accessories.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Yellow Hat Ltd (9882 JP)