Seek 100 Bagger (100x stock)! August 30, 2021 issue
[This Week's Video Here]
※ Approximately31minutes long video.
1. Latest status of previously introduced stocks
WaveBlock Holdings 7940
Listed on the TSE First Section
Stock code Company Year listed
7940 WaveBlock HD 2017
At time of publication / Market cap (billion yen) Current market cap (billion yen) 2x market cap (billion yen)
78.2 74.3 156.4
Business type
Manufacture and sale of plastic-related products. A holding company handling insect nets, food trays, and metallic finish films. Entering the geothermal business.
※ The listing year refers to the listing dates on the TSE First Section, Second Section, Mothers, or JASDAQ.
※ A 100x market cap is calculated from the minimum market cap.
【Key Points】
1. On July 30, 2021, announced earnings. Although year-over-year sales declined by 25.7% due to the sale of the interior business, excluding that segment, net sales increased by 1.5%, indicating gradual growth in existing businesses. Simultaneously with the earnings announcement, they updated the earnings forecast upward, showing operating profit up by 2.7% from the previous estimate, slightly exceeding the initial plan.
2. In mid-August, we interviewed President Ishihara of the company to confirm its strengths and growth potential. It was noted that the corporate culture had previously been one of a conservative manufacturing company, steadfastly producing and selling its own products. Going forward, they are exploring “creating value” and considering launching new businesses that do not rely on plastics processing.