Added to YB: 2025-07-11
Pitch date: 2025-07-10
9478.T [bullish]
SE Holdings and Incubations Co., Ltd.
+71.26%
current return
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
SE Holdings and Incubations Co., Ltd. primarily engages in the publishing business in Japan. The company is involved in publishing and selling computer-related books and magazines; organizing computer-related conferences and trainings; delivering computer-related technology information through web; publishing and selling common and translated books; selling software and hardware through online shops; selling other computer-related products and services; and real estate leasing activities.
Market Cap
JPY 7.6B
Pitch Price
JPY 315.32
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.12
P/E
12.94
EV/Sales
1.17
Sector
Media
Category
value
5x Earnings, Half Book, and a Hidden Investment Portfolio
9478.T: Japanese holding co trades 5x adj earnings (¥30/share), 0.58x TBV (¥547). Hidden gem: ¥497/share securities portfolio (85% equities, global) w/ ¥144 unrealized gains never in EPS due to IFRS. Core publishing profitable covers overhead. Buybacks 27% since 2021, 4.5% YTD at discount creating massive accretion. CEO owns 16%, funds 5%. 77% upside to TBV at ¥317.
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