Daily Brief Consumer: Raymond Ltd, Mandom Corp, Ohashi Technica, Primo Global, Space Shower Networks and more

• The latest results reveal strong double-digit growth in the newly separated Engineering business, confirming the strategic shift toward high-precision manufacturing in Aerospace & Defence and Auto Components.
• Successful completion and initial performance validation of the demerger process transforms Raymond into two pure-play, specialized manufacturing entities poised to capitalize on global “China + 1” and Indian aerospace tailwinds.
• The structural re-rating thesis remains firmly intact, driven by accelerating margins in the Aerospace vertical and long-term contract visibility.

• A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Thailand, Korea, India and Chinese ADRs.
• ECM developments: OmniVision Integrated Circuits Group (603501 CH)‘s H Share listing to raise US$1 billion.
• Event-Driven developments: Hogy Medical (3593 JP), Mandom Corp (4917 JP), Matsuya R&D (7317 JP), Medical Data Vision (3902 JP), ANE Cayman Inc (9956 HK), Hang Seng Bank (11 HK). 

• I tally xx – mostly firm, mostly Asia-Pac – arb transactions currently being discussed and analysed on Smartkarma. Those arbs metrics and upcoming events are detailed below.
• Four new (ish) deals were discussed on Smartkarma this week: 360 Capital (TGP AU), Humm Group (HUM AU) , Hogy Medical (3593 JP), and Medical Data Vision (3902 JP).
• Key updates/news also took place on: Predictive Discovery (PDI AU), ReNew Energy Global (RNW US), and Mandom Corp (4917 JP) 

Key points (machine generated)

• Ohashi Technica anticipates a revenue decline but profit increase for the fiscal year ending March 2026.
• The company specializes in manufacturing automotive components and managing logistics operations.
• In the first half of the fiscal year, sales decreased by 1.8% while operating profit rose by 27%.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only.

Key points (machine generated)

• Primo Global Holdings is a leading bridal jewelry company in Japan, listed on the Tokyo Stock Exchange as 367A.
• The company operates 134 stores under the brands ‘I-PRIMO’ and ‘LAZARE DIAMOND,’ focusing on customer experience and high-quality products.
• Primo aims to expand its market presence by adapting its successful Japanese business model to different regions and customer needs.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only.

Key points (machine generated)

• Space Shower SKIYAKI Holdings will meet its profit target for the fiscal year ending March 2028 two periods early.
• The company plans to merge with Space Shower Network Inc. and SKIYAKI Inc. on April 1, 2024, transitioning to a holding company structure.
• The strategic move aims to enhance next-generation entertainment by integrating content and technology, focusing on collaboration with artists and creators.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only.