スポンサードリサーチレポートの作成及び配信
「グローバルベースでの認知度向上」と「適正株価の形成」を追求

「まとまりのあるレポート」を作成し、
「プル型及びプッシュ型」で広く配信

Services

サービス
「企業レポート」
弊社では、事業会社が開催している機関投資家向け決算説明会での開示内容を基盤として「企業レポート」を作成しております。

決算説明会では、経営陣の方々が業績動向などに言及されるのですが、基本的なビジネスモデルなどが周知されていることを前提とした内容にならざるを得ない側面が認められます。結果、ビジネスモデルの詳細や経営環境を熟知している投資家の方々にとってはIR情報の宝庫となる一方、そうでない投資家の方々はそもそも決算説明会に参加されない傾向が強いかと存じます。これに鑑みました弊社では、経営陣の方々との取材を通して得られた基礎的な情報の分析にも言及しつつ、決算説明会での開示内容を一般的にもより分かり易く解説するテキストや図表を「企業レポート」としてまとめております。

「企業レポート」では、冒頭部分に配置している「エグゼクティブサマリー」におきまして、実際の投資に向けての要点をまとめております。また、これをもちまして「まとまりのあるレポート」を作成すると標榜しております。即ち、事業内容の解説などから始めるのではなく、それを理解したうえで獲られる結論から言及することを通して、いわゆるトップダウン構造を採用していることになるかと存じます。
「決算速報」
弊社では、決算発表に際して開示される決算短信や説明資料の概要をまとめた「決算速報」の作成及び配信も展開しております。概要を紹介することを通して、決算短信や説明資料の現物へのアクセスを促すことがひとつの目的でございます。また、「企業レポート」と同様に冒頭部分では、実際の投資に向けての要点をまとめておりまして、これを告知することがもうひとつの目的として挙げられます。

「決算速報」に関しましては、できるだけ早期のリリースを目指していることから、できるだけ決算発表の直後となるタイミングにて経営陣の方々との電話/Web取材をしております。また、同様の背景をもちまして「企業レポート」との比較では、「決算速報」のテキストは発表された決算の内容にフォーカスした短いものになりますが、直近の「企業レポート」の現物をご確認できるURLをテキストでご案内しておりまして、こちらにてビジネスモデルなどをご理解いただけるようにしております。
「News Release」
「企業レポート」及び「決算速報」を作成し、グローバル配信することに加えて、事業会社が開催される決算説明会の案内なども「News Release」として同様にメールで配信させていただいております。過去の配信事例は、このWebサイトのNews(ニュース)にてご確認いただけるようにしております。

決算説明会の案内などの配信におきましては、その案内内容に加えまして、弊社で作成している直近の「企業レポート」や「決算速報」の概要並びに現物をご確認していただけるようにしております。則ち、こういった追加的な情報もご提供することを通して、投資家の方々による参加を促しております。

なお、事業会社が開示しているその他のIR情報に関しても「News Release」として配信させていただいております。また、その際には、開示内容の要点をまとめた簡単な文言も加えさせていただいております。

Products

作成実績
  • PDF
    12 April 2024
    Steady Growth
    On 12 April 2024, MORESCO, running operations of R&D, manufacture and sale of chemical goods used in diverse applications with autos as the mainstay, released its FY02/2024 results. It has been revealed that earnings are surging and the Company is implementing measures to realize steady growth from a long-term perspective at the same time. In addition to Japan, the mainstay by region, the Company is seeing a favorable recovery in earnings in Southeast/South Asia (Thailand, Indonesia and India) and North America, far more than compensating for sluggish performance in China, where a recovery of local demand is delayed. Meanwhile, the Company has released its 10th Midterm Management Plan (FY02/2025 to FY02/2027) to focus on satisfying both of Realization of a Sustainable Society and Enhancement of Added Value of Business as the theme, implying CAGR of 6.0% in sales and 30.1% in operating profit as an anticipated rate of growth with its management performance target. Thus, it appears that the above-mentioned Enhancement of Added Value of Business has a lot to do with the Company’s policy to proactively improve sales mix, going forward. We are to attend the results briefing via webcast (scheduled for 22 April 2024) and then interview the Company's management for further details, so that we should be able to update our Company Report in light of the content of both and release afresh.
  • PDF
    11 April 2024
    A Recovery in the Americas
    YAMABIKO, which develops, manufactures and sells a variety of products belonging to Outdoor Power Equipment, Agricultural Machinery and Industrial Machinery, is to see a recovery of sales in the Americas, the mainstay by region, for FY12/2024 over FY12/2023. At the same time, the Company is to see an acceleration in sales growth rate on the Industrial Machinery side. In the actual results for FY12/2023, sales on the Outdoor Power Equipment side, the mainstay by business, were stagnating and thus the Company’s sales as well. The Company suffered from a recoil reduction in demand associated with stay-at-home trend stemming from the impact of Corona disaster in the Americas as well as unfavorable weather conditions during demand season. However, the Company saw operating profit highest ever, driven by an improvement in gross profit margin, which was far more than compensating. The Company states that it has made a steady progress in “sale of high-margin inventory built up in North America during the previous year, ongoing cost cutting and revision on selling prices in Japan and overseas.” Meanwhile, for FY12/2024, the Company is going for an increase in sales due mainly to a progress made for optimizing of inventory levels at distributors in North America. Furthermore, the Company expects an increase in earnings as a result of “full-year impact of revision of selling prices, a review of product mix and lower ocean freight rate.” Still, the Company is to see an increase in expenses at the same time as it is to aggressively invest for growth from a long-term perspective, e.g., in “developments of new business and/or new product, those of IT system and those of marketing.” The Company is currently in the process of propelling “growth in existing domains and monetization of new business,” calling for prospective sales of \250,000m for FY12/2030, implying CAGR of 7.4%, when setting the actual results for FY12/2023 as the point of origin.
  • PDF
    8 April 2024
    Human Capital
    TOW, which dedicates to planning and producing of integrated promotions with a strong experiential (hands-on) focus, is seeing a remarkable recovery in its business performance, having had gone through the impact of Corona disaster. Sales and earnings have risen sharply, due mainly to a benefit on the Real-World Events side, the mainstay by category of operations, stemming from large-scale exhibitions, represented by the JAPAN MOBILITY SHOW 2023 (open to the public from 28 October to 5 November 2023 / formerly the Tokyo Motor Show) being held in conjunction with full-scale revitalization of socioeconomic activities and lifestyle behaviors. The Company suggests that it saw a recovery of its business performance up to almost as high as a level prior to the impact of Corona disaster for the actual results of Q1 to Q2 (July to December) FY06/2024. Meanwhile, it appears that the current assumptions of Company forecasts for H2 (January to June) are to be exceeded, in light of the latest trends of order intake. At the same time, the Company has revealed its policy to make aggressive investments for long-term growth. Principally, the Company is to strategically implement across-the-board pay increase, equating 6.7% in terms of average annual salary, from H2, with an objective of amplifying its human capital, which has a strong aspect as assets (sources to create value) with the Company, in line with its sustainability policy. On top of this, the Company is to aggressively invest in recruitment and training programs as well as propelling investments associated with its bolstering subjects, i.e., AI and Environment.