Report
Shanshan Wei, CFA
EUR 100.00 For Business Accounts Only

Kobayashi will maintain its edge in Japan and develop more “hidden ponds” overseas.

Narrow-moat Kobayashi Pharmaceutical announced the acquisition of Jiangsu Zhongdan Pharmaceutical, a drug manufacturer in Jiangsu, China, aiming to accelerate the expansion of its over-the-counter drug business in the country. The acquisition is expected to be completed by June 30. While the price was not disclosed, we believe the deal itself will have only a marginal impact on Kobayashi’s earnings and return on investment, given that the revenue of the targeted firm is less than 1% of Kobayashi...
Underlying
Kobayashi Pharmaceutical Co Ltd

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Shanshan Wei, CFA

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