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Hiroyuki Terada
  • Hiroyuki Terada
PREMIUM
9706 Japan Airport T...
4666 Park24 Co. Ltd... ... (+10)

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.

9706 JAPAN AIRPORT TERMINAL CO. LTD.
4666 PARK24 CO. LTD.
8136 SANRIO COMPANY LTD.
2157 JT KOSHIDAKA HOLDINGS (2157 JT)
9616 JT KYORITSU MAINTENANCE (9616 JT)
3093 JT TREASURE FACTORY CO. LTD
6200 JT INSOURCE (6200 JT)
2471 JT S-POOL (2471 JT)
3196 JT HOTLAND (3196 JT)
7686 JT KAKUYASU GROUP (7686 JT)
04/19/24 April 19, 2024 1 EN
Hiroyuki Terada
  • Hiroyuki Terada
PREMIUM
3093 JT Treasure Factor...

PSA Retail: Treasure Factory (3093 JT) – Rising Inbound Tourists Could...

Analyst Hiroyuki Terada provides feedback from his discussion with Treasure Factory post the release of its FY23 results. He remains positive on the outlook thanks to the rising number of tourists and provides forecasts out to FY26 that suggest valuations are undemanding.

3093 JT TREASURE FACTORY CO. LTD
04/18/24 April 18, 2024 1 EN
Hiroyuki Terada
  • Hiroyuki Terada
PREMIUM
3093 JT Treasure Factor...

PSA Retail: Treasure Factory (3093 JT) Initiation – Purveyor of High-Q...

We initiate coverage of Treasure Factory [TF]. TF operates 274 second-hand stores under 11 store brands as of Jan 2024.

3093 JT TREASURE FACTORY CO. LTD
01/19/24 January 19, 2024 1 EN
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