@lifelong72@JapanDeepValue1@puppyeh1@EnergyCredit1 If you think Japan is going to actually change, you don’t know Japan. It’s working now from a stock performance perspective, but fundamentally nothing has changed.
@InvestInJapan I understood it as a way of financing their new investments. Investors get annuity, Hikari gets funding upfront, and also the kicker is Hikari doesn’t need to sell their stocks (forcing a tax event) to fund new ideas. Win win win!
@AltayCapital@TheLongHappy Couple of points worth mentioning
1) history may not repeat but it rhymes and this smells. Which is why many domestic investors won’t touch it.
2) never underestimate Recruit. They left for a reason. Reread 1.
3) it may be a good business (for now) but is it good for society
@teddy_okuyama The problem is that there has been consistent outflow of successful V-tubers due to burnout. Anycolor with their spray and pray method of attracting and monetizing talent has been more successful.
@willschoebs@MBrooks87621 And not only that, but just how ethically questionable this business is. It’s literally fueling the divergence of haves and have nots in Japan. That itself, even if the business model is great, is a no-go for me.
@willschoebs@MBrooks87621 If you know the history of how the legal framework has changed over the past few decades (hint Goodwill hint TechnoPro) you would know how sketchy this business is and at anytime it may be forced to change course.
@ValueInvestJpn Its actually a symbolic emperor, so called “Shouchou Tennou”. Following the loss of WW2, the 1st article of the constitution changed, where the emperor lost all its powers and turned into a symbolic figure. So the emperor has little/no power now but still an important figure
@ValueInvestJpn First time I heard that
Maybe it’s a generation thing? Im in my 40s and most people I hang out with have pride in being Japanese and its culture
@japanstockfeed I find any of the LLMs do a decent job of synthesizing disclosure information to your liking nowadays. Typical analyst reports are useless in that sense.
@ValueInvestJpn Pretty rational to me. Usually premiums for acquisition in Japan have been around 20%. No shareholder in the right mind would sell it at par.