Added to YB: 2024-04-22
Pitch date: 2024-04-10
7608.T [bullish]
SK Japan Co.,Ltd.
+99.73%
current return
Author Info
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Company Info
SK Japan Co.,Ltd. plans, manufactures, and sells character stuffed animals, key chains, household goods, mobile phone accessory goods, prize products, etc.
Market Cap
JPY 5.4B
Pitch Price
JPY 706.45
Price Target
1.8K (+25%)
Dividend
N/A
EV/EBITDA
1.68
P/E
6.26
EV/Sales
0.17
Sector
Leisure Products
Category
growth
SK Japan (7608) Deep Dive Part 1: Hidden Growth
SK Japan (7608.T): Supplier of crane game prizes, 32% owned by Round1. US sales to R1 only 4-7% of prize COGS (vs 18-22% in JP), implying 8-14x US rev growth potential as R1 expands Mega Crane Game stores (3.7x unit growth). Could boost total rev 24-39% in 1-2yrs. Competitive via scale & longevity in fragmented market. 50-130% 1.5yr upside potential from US & JP growth + margin expansion. Risks: IP licensing costs & popularity.
Read full article (24 min)