PSA Internet / eCommerce: ZOZO (3092 JT) – Impressive FY20 Q1 Results and FY20 Guidance
ZOZO’s FY20 Q1 results and full-year guidance, which surpass even the highest analyst estimates, took the market by great surprise. Analyst Thao Nguyen evaluates the company’s prospects and thinks the stock is worth a visit in the current Covid-themed market, given its double-digit growth rates at both the top and bottom lines.
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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