PSA Internet / eCommerce: Base Inc (4477 JT) – A Revisit
BASE Inc’s share price has gained 26% YTD but is still 90% below its Oct 2020 peak of ¥3,024, ie during the height of the Covid-19 pandemic. Analyst Thao Nguyen identifies the company’s recent positive developments and provides earnings forecasts.
Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods.
PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries.
The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012.
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