Aequitas Research - JAPAN POST HOLDINGS Co. Ltd. (6178) ECM Weekly (24th October 2021)

Report

Aequitas Research

Zhen Zhou Toh

ECM Weekly (24th October 2021)

Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.

26/10/2021 7 EN

Underlying

JAPAN POST HOLDINGS Co. Ltd.

Japan Post Holdings is engaged in the provision of a variety of products and services, mainly its postal, banking and insurance products and services, which represent Co.'s three core businesses (Japan Post Co., Japan Post Bank Co. and Japan Post Insurance Co.) that operate through its nationwide post office network. Co.'s principal business segments are Postal & domestic logistics, Financial Window, International Logistics, Banking, Life Insurance, and others. Co. maintains a network of 20,158 post office locations, covering all of Japan's cities, towns, and villages. These post offices serve as bases for various postal, banking, and insurance services that are offered by the group.

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JP3752900005 Japan

Provider

Aequitas Research

Aequitas Research is a leading ECM research firm with a focus on IPOs and placements/follow-on offerings across the Asia Pacific with deal size of over USD100m.

Since 2015, we have covered 400+ IPOs and 450+ placements with a hit rate of 73% and 65%, respectively. We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic analysis.

Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis. We also provide a more quant driven analysis on placement/follow-on offerings.

Markets that we cover include:
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.

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Analysts

Zhen Zhou Toh

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ECM Weekly (24th October 2021)

JAPAN POST HOLDINGS loses on its star level and is downgraded to Slightly Positive

PSA Market Strategy: The Japan Perspective 2022

Onewo Space-Tech Pre-IPO

Legend Biotech Follow-on Offering

Xtep International Placement

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