Find 100 Baggers (100x Stocks)! April 26, 2021 Issue

The next issue date will be May 6th (Thu) (publication planned for May 1st, Sat).

The issue on May 10th (Mon) of the following week will be closed due to Golden Week.

【This week's video is here】
https://youtu.be/NUH11ZmUqU4
※ The video is 43 minutes long.

1. The current status of previously introduced stocks

Furuno Electric 6814
Listed on the Tokyo Stock Exchange First Section

Stock code　Stock　Listing year
6814　Furuno Electric　2019

At the time of publication・Market capitalization (hundreds of millions of yen) Current・Market capitalization (hundreds of millions of yen) 2x・Market capitalization (hundreds of millions of yen)
372　358　754

Business type
A world leader in marine electronics such as fish finding equipment and electronic charts. Also manufactures and sells medical devices, ETC onboard devices, and wireless LAN; heavily benefiting from the government-led GIGA School Initiative.

※ The listing year shows the listing date on the Tokyo Stock Exchange First Section, Second Section, Mothers, or JASDAQ.
※ The 100x market capitalization is calculated from the minimum market capitalization.

【Key Points】
1. On April 14 (Wed), announced results for the 2021 fiscal year ending February. Although sales declined year-on-year from the 2020 fiscal year, operating profit rose by more than 50%, demonstrating a framework that steadily earns profits even amid the COVID-19 pandemic. The increase in profit for the previous term was driven by the wireless LAN business, which saw a significant sales increase due to the GIGA School Initiative.

2. The forecast for this term has been revised downward year-on-year mainly due to a decrease in wireless LAN sales; however, the company has a tendency to issue conservative forecasts for the past three years. There is a high possibility that the major shipping business will recover this term, and there is also a potential for upward revision similar to last year.