Japanese mass poverty is real👇 "A 200g bag of bean sprouts, previously priced at 31 yen (21 pennies), has risen to about 34 yen (23 pennies) due to inflation in production costs Sales volume has decreased by 5–10%" ー Japan Sprout Producer Association chairman

Large caps tend to be overvalued due to passive funds/active managers going long by default B2C companies tend to be overvalued due to retail investors feeling familiar, attracted to shareholder benefits, thereby going long by default Opportunities lie in segments in-between:

"In 10 years, we will become the world's leading platformer with Artificial Superintelligence. To this end, Arm and Open AI will be central" Masa Son @ Softbank Group AGM today

*2384 SBS Holdings to acquire 66% of Bridgestone Logistics from Bridgestone Group for ¥8 bil Japanese logistics sector consolidation continues

Breaking: Japan FSA set to revise the Corporate Governance Code around June 2026, demanding accountability from management regarding cash and deposits not allocated to investments Do you own enough Japan?

In the original FSA release yesterday, they specifically raise "cash hoarding" issue by JP public companies What an era we live in

LLM to replace white collar jobs Robotics to replace blue collars What was traditionally a low-margin biz gradually becoming a high-margin one? "At Skylark, 3,000 robots operate across about 2,100 stores, which account for 70% of all locations. These robots improved the table

Japanese retail investors every time Trump bullies Japan with tariff

Scandal after scandal.. 260A Alt - recently IPO'ed AI startup being investigated over massive revenue manipulation 6232 ACSL - Drone maker that just formed a special commission to investigate improper dealings by former CEO 4813 ACCESS - IoT device maker failing to report

turns out that all I had to do for 1H of 2025 was buy 4676 Fuji TV and go to bed the stock 2x'ed since this post, testing level only achieved some 25 yrs ago substack.com/home/post/p-15…

Never talked enough now. But this will dominate the headlines in 2026

just learned interesting stats that US and European companies' avg goodwill accounts for 30-40% of their net assets, while with Japanese companies it is less than 20%

Thanks for having me on your interview. It was a pleasure👍

"Interestingly vulnerable capital structure. 19% is held as treasury stock. The 2nd largest shareholder, owning just shy of 10%, is EM Planning Inc - a family office controlled by the founding family. Combined, the family members hold 18%. Together with bank shareholders, the

up 50% since this post 2 mo ago None of us own enough JP profitable net-cash small caps