Sep 8, 2022 • 8M

[Podcast] MUJI (Ryohin Keikaku): Japan's Most Famous Furniture Brand is Punching Way Below its Weight

 
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The ultimate podcast for deep insights on the Japanese economy and the most valuable Japanese stock- and real-estate investments.
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If you want to read the full analysis with all the graphs and tables, please click HERE.

TL;DR

  • Ryohin Keikaku has a strong franchise with its 'MUJI' brand with a strong market position in Japan and East Asia.

  • Recent trading is robust as business conditions normalize. Continued geographic expansion looks to be the longer term growth driver, although China exposure brings some complications.

  • The share is at very cheap levels compared to its historical valuation with a P/E of 13.52, compared to its 10 year average of 20.