Search for 100 Baggers (100x Stocks)! June 7, 2021 issue

【This week's video is here】
https://youtu.be/KfGcXxi0pLc

※ The video is 29 minutes long.

1. Recent status of previously introduced stocks

Avar Data 6918
Listed on JASDAQ

Stock code Stock name Listing year
6918 Avar Data 1991

At listing time・market cap (billion yen) Current・market cap (billion yen) 2x market cap (billion yen)
315 257 630

Business type
Electronic control device manufacturer. Possesses high competitiveness through ultra-fast data communication, with know-how, demand, and case-based know-how for programming reprogrammable semiconductors (FPGA). Closely connected with Tokyo Electron and Nikon.

※ The listing year shows the date of listing to the TSE First Section, Second Section, Mothers, or JASDAQ.
※ The 2x market cap is calculated from the minimum market cap.

【Key Points】
1. On Friday, May 14, 2021, earnings results were announced. Last year's results showed revenue up 9.2% and operating profit up 19.9%, achieving growth in both sales and profit. For this term's forecast, revenue is expected to rise 5.4% and operating profit 5.7%, with only a modest increase at the start of the term.

2. On Friday, May 21, 2021, the company held an earnings briefing. Despite a favorable semiconductor market, the company stated that this term's earnings forecast remains modest, and that Chief Executive Kikuchi noted, "the forecast for this term was prepared conservatively based on current supply-demand conditions." It was anticipated that visibility for this year's outlook would improve from September onward as supply conditions become clearer.