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August 31, 2022

Mid-size Building Maintenance Co With Diverse Revenues Trading at 1.8x EV/EBIT

Thinking points Harima B.Stem Corp. (TSE: 9780) is a mid-sized building maintenance company that manages office buildings as well as commercial/retail, apartment and PFI/PPP facilities.Key challenges for the company include a

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Blog
November 9, 2018

Retail Giant Aeon’s War Against 7-Eleven: Super Convenience

Thinking Points Asia’s largest retailer Aeon (TSE: 8267) was left behind in the convenience race while Asia’s second largest retailer Seven & i Holdings (TSE: 3382) dominated the scene. Armed

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Blog
April 4, 2018

Is Oisix Daichi Amazon Japan’s Next Victim?

Thinking Points As of February 2018, Oisix Daichi has Radish-boya under its umbrella, making it the largest player (by far) in organic vegetable delivery. While not specifically focused on organic

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Blog
November 28, 2017

Poking The Convenience Giants – Welcia Holdings (TYO: 3141)

Thinking Points Major drug store operator Welcia (TYO: 3141)  is becoming Japan’s neighborhood pharmacy. In doing so, the company directly competes with the convenience industry. Welcia maintains a strong position

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Blog
August 14, 2017

Quick Idea: Japan’s Blue Apron Making Moves To Corner The Market – Oisix Daichi (TYO: 3182)

Thinking Points Oisix Daichi (TYO: 3182) holds a 30% share in a highly niche-y organic vegetable delivery industry in Japan. The company is the result of a recent merger between

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