Find 100x Stocks (100 Times Stocks)! June 14, 2021 issue
【This week's video is here】
*The video is 25 minutes long.
1. 100% Bagger (double stock) candidate
Nakanishi 7716
JASDAQ Listed
Code Company Listing year
7716 Nakanishi 2000
Minimal market cap (billion yen) Current market cap (billion yen) 2x market cap (billion yen)
6.9 2,227 4,454
Business model
Dental products, among the world’s top tier. Global distribution network built mainly in Europe and North America. A niche global company with overseas sales accounting for over 70%. Uses high-speed rotation technology to also operate industrial products.
※ Listing year shows the dates of listing on the TSE First Section, Second Section, Mothers, or JASDAQ.
※ The 100x market cap is calculated from the minimum market cap.
1. Points
1. Nakanishi, a major dental products company, is a global niche company with overseas sales larger than domestic sales. Last year, due to lockdowns worldwide, dental clinics temporarily closed causing sales to drop, but since last autumn, with clinics reopening, sales rapidly recovered and COVID impact was limited.
2. For this period, the earnings forecast was raised early from the first-quarter results announced in May, and the initial forecast was revised to operating profit up 16.9% and net profit up 21.8%. In dental clinics, measures to prevent infection have led to replenishment of dental handpieces and various products, and this period is expected to set a new record high profit.
3. The company ranks in the TOP 10 by market cap on the JASDAQ market, with a market cap exceeding 200 billion yen. In reports from securities firms, the company is repeatedly mentioned as a candidate for listing on the TSE Prime market, and ahead of the market reorganization in April 2022, a market change to the TSE First Section or the TSE Prime market is anticipated. If the company changes to either First Section or Prime, passive funds such as TOPIX are expected to buy, serving as a catalyst to push the stock price higher.
