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.

Suzuki (7269 JT) | Ex-Maruti Valuation Now NEGATIVE

Good Morning Japan | US Thanksgiving but Rally Continues in Europe

Good Morning Japan | Fed Raised Hopes-Dashed by Jobs but PMI Supportive

Suzuki’s NAV Discount And Implied Stub Plumb New Lows. Again

Suzuki (7269) | Small Cars at Tiny Valuations

Suzuki's All-Time Low Stub As Maruti Faces Electric Vehicle Crossroad

Equity Bottom-Up

<ul>
<li>Maruti Suzuki reported above Consensus 2Q driven by strong volumes and improved margins</li>
<li>Earnings bode well for Suzuki's 2Q earnings on Nov 8. Also, Maruti indicated significant easing of semi-driven supply constraints. Positive readacross for Suzuki. </li>
<li>Suzuki's ex-Maruti operations are now cheaper than ever at under 2.5x PER. We see upside to earnings vs. Consensus and keep our bullish stance on the stock.</li>
</ul>


Maruti Suzuki reported above Consensus 2Q driven by strong volumes and improved margins
Earnings bode well for Suzuki's 2Q earnings on Nov 8. Also, Maruti indicated significant easing of semi-driven supply constraints. Positive readacross for Suzuki. 
Suzuki's ex-Maruti operations are now cheaper than ever at under 2.5x PER. We see upside to earnings vs. Consensus and keep our bullish stance on the stock.


Suzuki (7269 JT) | Way Too Cheap Ahead of 2Q Earnings – India’s Maruti (MSIL IN) Shows the Way

Suzuki Motor

Suzuki (7269 JT) | Way Too Cheap Ahead of 2Q Earnings – India’s Maruti (MSIL IN) Shows the Way