Report

PSA Internet: There May be Further Downside for ZOZO (3092 JT)

For the 12 months to Friday, Mar 15, the shares of ZOZO (3092 JT) were down 22%, underperforming the Topix and TPRETL Index by 15% and 16% respectively. The sharp 6.5% bounce on Mar 18 comes as a bit of a surprise as there was no new news to warrant such a move. Analyst Thao Nguyen explains why she thinks there may be further downside, as the company is having problems on multiple fronts.
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
Thao Nguyen

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