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Equity Research Report
Equity Research Report
October 14, 2021 Update “Ichigo (2337): Low progress in line with expectations”
October 14, 2021 Update “S Foods (2292): Outstanding performance continues”
October 13, 2021 Update “Komeda Holdings (3543): Stable profits despite a difficult summer”
October 11, 2021 Update “Monogatari Corporation (3097): September sales. King is strong”
October 11, 2021 Update “Komeda Holdings (3543): September wholesale sales”
October 11, 2021 Update “MonotaRO (3064): Sepmber sales”
October 7, 2021 “List of Covered Stocks”
October 4, 2021 Update “Skylark Holdings (3197): Skylark Goes To Chicago”
Octber 4, 2021 Update “Ohsho Food Service (9936): Gyoza & beer combination is back”
September 29, 2021 TP change “Fast Fitness Japan (7092): Target price changed due to stock split”
September 27, 2021 “List of Covered Stocks”
September 10, 2021 Update “Komeda Holdings (3543): August wholesale sales essentially flat YoY”
September 10, 2021 Update “MonotaRO (3064): August sales”
September 9, 2021 Update “Monogatari Corporation (3097): August sales”
September 2, 2021 Update “Skylark Holdings (3197): August sales, industry update”
September 2, 2021 Update “Ohsho Food Service (9936): August sales, industry update”
August 13, 2021 Update “Skylark Holdings (3197): First impression of 1H results neutral”
August 11, 2021 Update “Monogatari Corporation (3097): July sales, positive impression”
August 10, 2021 Update “Monogatari Corporation (3097): OP guidance mostly in-line with our forecast”
August 10, 2021 Update “MonotaRO (3064): July sales”
August 10, 2021 Update “Komeda Holdings (3543): July wholesale sales, Strong Kome-Gyu effect”
August 3, 2021 Update “Skylark Holdings (3197): July sales”
August 3, 2021 Update “Ohsho Food Service (9936): July sales”
July 30, 2021 Update “Tosho (8920): Achieved YoY & QoQ increase in sales and profit”
July 30, 2021 Update “AB Hotel (6565): Successfully achieved profitability in 1Q”
July 30, 2021 Update “MonotaRO (3064): Neutral impression of 1H results”
July 30, 2021 Update “Ohsho Food Service (9936): Strong 1Q results even without subsidies”
July 14, 2021 Update “Komeda Holdings (3543): Highest quarterly OP since listing”
July 14, 2021 Update “S Foods (2292): Robust results in 1Q FY2/22”
July 12, 2021 Update “MonotaRO (3064): June sales”
July 12, 2021 Update “Komeda Holdings (3543): June wholesale sales”
July 9, 2021 Update “Monogatari Corporation (3097): June sales”
July 2, 2021 Update “Skylark Holdings (3197): June sales”
June 10, 2021 Update “MonotaRO (3064): May sales slightly negative”
May 14, 2021 Update “Zenkoku Hosho (7164): Benefiting from the restructuring of regional banks”
May 10, 2021 Update “Zenkoku Hosho (7164): FY3/21 results above consensus. Positive impression”
May 7, 2021 Update “Tosho (8920): No surprises for FY3/21 results”
Junichi Shimizu, CMA
Chief Analyst, Equity Research, Mita Securities. After working for Meiji Life, Moody's Japan, Deutsche Securities, and a major asset management company, Junichi Shimizu assumed his current position in February 2021. He has been an analyst for over 18 years. At Deutsche Securities, where he worked for 13 years, he covered a wide range of industries as a small- and mid-cap analyst and credit analyst. He has experience in various industries and companies such as food products, restaurants, banks, non-banks, real estate, e-commerce, information and telecommunications, internet services, leisure and amusement, auto parts, non-ferrous metals, and transportation. At Mita Securities, he focuses on discovering small and mid-cap stocks with high growth potential in a wide range of sectors. He holds a BA in Economics from the University of Tokyo and an MBA from the Tuck School of Business at Dartmouth. He is a Certified Member Analyst (CMA) of the Securities Analysts Association of Japan.