PSA Technology Hardware: Wacom (6727 JT) - Growth Even with Post-Covid...

Wacom is a popular stock amongst foreign investors thanks to a 60% global share in the graphic tablet market and top-tier customer roster including Samsung, Microsoft and Lenovo. A Covid beneficiary of the stay-at-home theme, Wacom is a defensive in Covid or other virus flare-ups. Working down its cash pile from a record ¥32bil at end-FY20 to the current ¥17bil possibly suggests management's confidence in near-term earnings (i.e., it’s on track to do well regardless of what Covid does).