Find 100 Baggers (100x stocks)! February 8, 2021 issue
【This week's video is here】
Note: The video is 33 minutes long.
1. 100 Baggers Candidate Stocks
BeeGlee 3981
Listed on the Tokyo Stock Exchange First Section
Stock Code, Stock, Listing Year
3981 BeeGree 2017
Minimum / Market Cap (billion yen) Current / Market Cap (billion yen) 100x Market Cap
40 108 4,000
Business Model
A content production company focusing on the operation of the electronic comic distribution service "Manga Kingdom." In fall 2020, acquired by the Bunka-sha Group, strengthening production capabilities.
Note: Listing year indicates the listing date on the Tokyo Stock Exchange First Section, Second Section, Mothers, or JASDAQ.
Note: The 100x market cap is calculated from the minimum market cap.
2. Key Points
1. The company's core is the e-book business, and its operating service "Manga Kingdom" continues to grow. The e-book market is expected to grow from about 375 billion yen in 2019 to around 570 billion yen by 2024, a market expansion that the company is positioned to benefit from.
2. Among the e-book businesses, the electronic comic market has been growing the most, nearly tripling in the last five years. For younger people, reading comics on paper has shifted to reading on smartphones and tablets, suggesting continued sales growth for the next several years.
3. On the other hand, the electronic comic market is highly competitive, with multiple companies including the company fighting for market share. In the author's view, simply providing a platform is unlikely to be enough to survive; the key is the ability to produce original content. The "Bunka-sha Group," which BeeGree acquired in fall 2020, will supplement editing and production capabilities, likely greatly enhancing the company's unique content creation abilities.
