Find 100 Bagā (100x stock)! April 12, 2021 issue

This Week's Video Is Here
https://youtu.be/PgXpBD_bDNM

Note: The video is 43 minutes long. (This time there was a lot to talk about, so it became lengthy.)

1. 100% Bagger (2x stock) Candidate

Furuno Electric 6814
Listed on the Tokyo Stock Exchange First Section

Stock code Stock name Listing year
6814 Furuno Electric 1982

Minimum market cap (hundreds of millions of yen) Current market cap (hundreds of millions of yen) 2x market cap (hundreds of millions of yen)
84　 372 　754

Business model
A world leader in marine electronics such as fish finders and electronic charts. Also manufactures and sells medical devices, ETC on-board units, and wireless LAN products, greatly benefiting from the government-led GIGA School Initiative.

Note: Listing year refers to the listing dates 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. They manufacture fish finders and radar equipment for ships, making them a global niche company with overseas sales accounting for 60%. From marine wireless tech, they also produce ETC-equipped devices, ultrasonic bone density scanners, and wireless LAN access points, positioning them as a pioneer in wireless communications.

2. Through the third quarter of the previous term, sales rose significantly in wireless LAN access points for schools due to the government’s GIGA School Initiative, offsetting declines in ship and industrial segments. From this term onward, the ship and industrial segments are expected to recover, potentially improving the overall business environment.