2023 was the best year in a decade for Japanese equities. 🎆 Good luck investing in 2024 🧧

Money Forward (3994) Best Quarter Ever 🇯🇵 Q4 sales +42%; Adj-EBITDA at record high of 1.2 bn yen Business SaaS sales +52% YoY to 5.5 billion Business earnings driven by acquisition of medium-sized corporate customers (+40% YoY) and higher ARPU (+22% YoY)

📊 Hyundai Motors🚗: EV sales as a percentage of total sales dipped to 5.3% in Oct-Dec, down from 5.7% YoY. Toyoda-san may have a point!📉. 💹 #japan #EVMarket 🌐

Toyota's shift to electronic continues at pace - say goodbye to paper brochures - pdfs only now. #JapanDX nikkei.com/article/DGXZQO…

🇯🇵Japan 😍

Here goes nothing... summary devolved into full-on research and became a time sink. Got way too long so splitting it up into parts to publish over time. If you see any translation inconsistencies please DM me since my brain is fried😵‍💫 Highlight thread to follow later on. Enjoy!

The best performing stocks in #japan over the past 12 months....pretty diverse bunch

7-Eleven tells Couche-Tard: ‘Go do one!’ We’ll double sales ourselves —no takeover needed. 🛑 #Japan asia.nikkei.com/Business/Retai… via Nikkei Asia

Japan in a microcosm! Matsubara Iron Works, a Century-old company, now employs 30 people. Matsubara makes metal cylinders for periscopes and hydraulic systems in submarines. Next 100 years -> carbon capture. asia.nikkei.com/Spotlight/Poli… via Nikkei Asia

Switch 2? Spot the difference

Nissan's PB ratio is now lower than TEPCO's! TEPCO's Fukushima disaster was catastrophic, but Nissan's financials in meltdown

The first rule of privatisation is don't talk about privatisation.... #topcon

上原さんのまとめは “要点の地図” になっていると思います。 特に重要なのは、TOPPANが単なるTPU関連の思惑だけでなく、 （1）明確な来期の大幅増益ガイダンス （2）AIインフラ需要の構造的な追い風 （3）高度加工技術×半導体バリューチェーンでの存在感の高まり という “複数の収益エンジン”