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.

Research from Asian Century Stocks, Asian Century Stocks

Michael Fritzell

Research from Asian Century Stocks

Equity Bottom-Up

<ul>
<li>Japanese pet insurance company with 40-50% market share thanks to its OTC settlement system and a network of pet shop/veterinary clinic partners</li>
<li>The stock trades at around 13x current-year earnings, a modest multiple given the secular growth that's ahead of it. The pet/human population ratio is low. Pet insurance is still unusual.</li>
<li>Well-Regarded investor Hikari Tsushin just took a 5.2% position in the company, highlighting the value in the company at the current 1.5x book. </li>
</ul>


Japanese pet insurance company with 40-50% market share thanks to its OTC settlement system and a network of pet shop/veterinary clinic partners
The stock trades at around 13x current-year earnings, a modest multiple given the secular growth that's ahead of it. The pet/human population ratio is low. Pet insurance is still unusual.
Well-Regarded investor Hikari Tsushin just took a 5.2% position in the company, highlighting the value in the company at the current 1.5x book. 


Anicom Holdings

Anicom (8715 JP)