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: SanSan (4443) - Expert Card Player

Sansan 4QFY05/20 Results: First Full-Year of Operating Profits Despite Covid-19 Impact

ByteDance: TikTok Ban in India Casts a Shadow on IPO

Equity Bottom-Up

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SanSan surprised the market with a profit warning after the market close on 7 July.   
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Two trading days later, the stock was down 12%.   
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Rather than focusing on Sales Growth continuing, the market may be overly focused on Operating Profit coming in under estimates.  
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Our outlook remains positive.  
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Share Price: ¥8,730, Market Cap: $2.5b, EV/TTM Rev:  17x</li>
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SanSan surprised the market with a profit warning after the market close on 7 July.   


Two trading days later, the stock was down 12%.   


Rather than focusing on Sales Growth continuing, the market may be overly focused on Operating Profit coming in under estimates.  


Our outlook remains positive.  


Share Price: ¥8,730, Market Cap: $2.5b, EV/TTM Rev:  17x



日本小型成長株 - Sansan（4443）｜まだ道のりは長い

Sansan Inc

日本小型成長株 - Sansan（4443）｜まだ道のりは長い