Report

PSA Consumer Services: Inbound Tourism Hits Historical High: PSA Ideas

With tourism to Japan booming, we review visitor spending patterns and highlight the beneficiaries of this trend.
Underlyings
Japan Airport Terminal Co. Ltd.

Japan Airport Terminal is mainly engaged in the management and operation of passenger terminals, including operating domestic passenger terminals and providing services to domestic and international airport users of Haneda Airport. Co.'s principal business segments are facilities management, merchandise sales, and food and beverage. Co. is engaged in the construction and management of passenger terminal facilities; the rental of offices and stores to airline companies; and the provision of stores, information counters, parking lots, rental halls and conference rooms, travel insurance agencies, international and domestic travel sales, and ticket sales for transportation and events.

Kakuyasu Group (7686 JT)

Koshidaka Holdings (2157 JT)

Kyoritsu Maintenance (9616 JT)

Park24 Co. Ltd.

Park 24 is mainly engaged in the parking lot operation and management. As of Oct 31 2017, Co. operates 20,461 parking lots. Co. operates in three business segments. Parking Lot - Domestic and Parking Lot - Foreign segments are engaged in the subleasing of land from landowners, the management and operation of 24-hour and unmanned hourly and monthly parking facilities throughout in Japan as well as in Taiwan, South Korea, Australia, New Zealand, the United Kingdom, Singapore and Malaysia. Mobility segment is engaged in the provision of car rental services under the name of "Times Car Rental" and car sharing services under the name of "Time Car Plus."

Sanrio Company Ltd.

Sanrio is engaged in the planning and sale of social communication gifts, greeting cards and books; and the planning and operation of theme parks using its own developed characters. The principal characters include "Hello Kitty," "Little Twin Stars Kiki & Lala," "My Melody," "Shinkansen,"" Cinnamoroll," "Pompom Purin," "Jewelpet" and " Patty & Jimmy." Co. also engaged in the management of restaurants (Kentucky Fried Chickens), the lease of cars, the production and rental of robots, the film production, as well as the provision of non-life insurance agency services.

Treasure Factory Co. Ltd

Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

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. 

Analysts
Hiroyuki Terada

Other Reports on these Companies
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