Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Small Cap Growth: Makuake (4479) - Innovative Ideas Drive Strong Q4 Sales

Equity Bottom-Up

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<p><span xml:lang="EN-US" data-contrast="auto"><a href="https://www.smartkarma.com/entities/makuake-inc" target="_blank" data-smartkarma-citation="entities:29281:1" rel="noopener">Makuake Inc (4479 JP)</a>  is a unique online platform that launches new products and services online. </span><span data-ccp-props='{"201341983":0,"335559739":160,"335559740":259}'> </span></p>
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<p><span xml:lang="EN-US" data-contrast="auto">The seven-year-old company is a product of the <a href="https://www.smartkarma.com/entities/cyberagent-inc" target="_blank" data-smartkarma-citation="entities:8197:1" rel="noopener">CyberAgent Inc (4751 JP)</a>  incubation umbrella and debuted on TSE Mothers in December 2019. Since then, sales have grown 128% to reach ¥2.1bn and operating profit +843% to ¥0.53bn. </span></p>
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<p><strong><span xml:lang="EN-US" data-contrast="auto">What does it do?</span><span xml:lang="EN-US" data-contrast="auto"> </span> </strong></p>
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<span xml:lang="EN-US" data-contrast="auto">Makuake’s</span><span xml:lang="EN-US" data-contrast="auto"> platform helps to launch new products, bring them in front of buyers (or supporters), before a formal market release. </span><span data-ccp-props='{"201341983":0,"335559739":160,"335559740":259}'> <span xml:lang="EN-US" data-contrast="auto">Makuake takes 20% of Gross Merchandise Value (GMV) on transactions.</span></span>
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<span xml:lang="EN-US" data-contrast="auto">Makuake</span><span xml:lang="EN-US" data-contrast="auto"> Incubator Studio (MIS) helps firms with strong R&amp;D to develop and commercialise products via their platform.</span><span xml:lang="EN-US" data-contrast="auto"> </span><span xml:lang="EN-US" data-contrast="auto">MIS charges a fixed fee for product development consultation plus 20% of GMV. </span><span data-ccp-props='{"201341983":0,"335559739":160,"335559740":259}'> </span>
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<div>Makuake's <a href="https://www.makuake.com" target="_blank" rel="noopener">website</a> is home to a wide-range of products, from well-known brands such as <em>Asics</em> to entrepreneurs looking to raise funds for their creative ideas. Here is a selection of weird and wonderful products ranging from a "wallet that you cannot lose", to a "laptop carrying T-shirt", and a new "iPhone holder" for your car. </div>
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Makuake Inc (4479 JP)  is a unique online platform that launches new products and services online.  


The seven-year-old company is a product of the CyberAgent Inc (4751 JP)  incubation umbrella and debuted on TSE Mothers in December 2019. Since then, sales have grown 128% to reach ¥2.1bn and operating profit +843% to ¥0.53bn. 


What does it do?  




Makuake’s platform helps to launch new products, bring them in front of buyers (or supporters), before a formal market release.  Makuake takes 20% of Gross Merchandise Value (GMV) on transactions.


Makuake Incubator Studio (MIS) helps firms with strong R&amp;D to develop and commercialise products via their platform. MIS charges a fixed fee for product development consultation plus 20% of GMV.  



Makuake's website is home to a wide-range of products, from well-known brands such as Asics to entrepreneurs looking to raise funds for their creative ideas. Here is a selection of weird and wonderful products ranging from a "wallet that you cannot lose", to a "laptop carrying T-shirt", and a new "iPhone holder" for your car. 





Small Cap Growth: Makuake (4479) - Launching Innovative Ideas