Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Our report is an authoritative Owner’s Manual on the company.
- A vital piece in the investor’s toolbox, our report allows you to uncover the essence of the business
- We pinpoint strengths and weaknesses; discuss strategy
- Our aim is to make deep knowledge about the company readily available, saving investors time and enabling dialogue

We offer our research as a service for Japanese corporates.
- Our in-depth reports allow them to better inform investors by presenting an unbiased third-party view of business fundamentals
- Our reports do not offer investment opinions and are free for all investors

We start our coverage with a substantial core report.
- We continuously update this report to reflect earnings, news flow, and any material developments
- We thoroughly interview management on a quarterly basis

Research Coverage of Japanese Listed Companies

United Arrows on a Roll Again with Korean Brands

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 FY03/26, consolidated revenue increased by 7.6% YoY, with a GPM of 55.3%, the highest in 10 years.</li><li>Revenue from existing stores grew 4.3% YoY, driven by a 2.1% increase in customer count and 2.3% rise in average spend.</li><li>Despite revenue growth, SG&A expenses rose 11.6% YoY, leading to an 8.5% decline in operating profit to JPY2.5bn.</li></ul>

In FY03/26, consolidated revenue increased by 7.6% YoY, with a GPM of 55.3%, the highest in 10 years.Revenue from existing stores grew 4.3% YoY, driven by a 2.1% increase in customer count and 2.3% rise in average spend.Despite revenue growth, SG&A expenses rose 11.6% YoY, leading to an 8.5% decline in operating profit to JPY2.5bn.

United Arrows (7606 JP): Q1 FY03/26 flash update