Leading Independent Investment Research, Morningstar, Inc.

Morningstar

Leading Independent Investment Research

Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. 

Morningstar provides data on more than 500,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 16 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than $180 billion in assets under advisement or management as of June 30, 2015. We have operations in 27 countries.

Download the Morningstar Fact Sheet : http://corporate.morningstar.com/US/documents/MarketingFactSheets/AboutMorningstarFactsheet.pdf

Equity Bottom-Up

<p>Narrow-moat <a href="https://www.smartkarma.com/entities/5718" target="_blank" data-smartkarma-citation="entities:5718:1">Shiseido Co Ltd (4911 JP)</a>'s fiscal 2017 results were in line with the new guidance announced on Feb. 7, but 24% and 20% higher than its previous guidance and our forecast, respectively, thanks to the 4.4-percentage-point margin expansion, driven by a better-than-expected product mix. Encouragingly, Shiseido’s ex-tourist domestic sales and Asian sales continued to outperform overall market growth, supported by the firm’s brand equity in the prestige cosmetics space, which is its…</p>

Narrow-moat Shiseido Co Ltd (4911 JP)'s fiscal 2017 results were in line with the new guidance announced on Feb. 7, but 24% and 20% higher than its previous guidance and our forecast, respectively, thanks to the 4.4-percentage-point margin expansion, driven by a better-than-expected product mix. Encouragingly, Shiseido’s ex-tourist domestic sales and Asian sales continued to outperform overall market growth, supported by the firm’s brand equity in the prestige cosmetics space, which is its…

資生堂、予想以上に利益率改善、実質ベース利益は6,200円へ

Shiseido Company

資生堂、予想以上に利益率改善、実質ベース利益は6,200円へ